The most detailed way to settle SHB Finance loans 2022

You currently have a credit contract with SHB Finance that is about to expire. But you don't know how SHB Finance loan settlement how. At SHB Finance, the way the settlement is done is very simple and fast. Let's find out details of payment methods with Banktop in the article below.

What is SHB Finance loan settlement?

SHB Finance loan settlement is the final thing to terminate a contract or close a transaction. That is, until the end date on the contract, the customer fulfills the obligation to pay the remaining loan at that time, it is called finalization.

What is the SHB Finance loan settlement procedure?

When finalizing a SHB Finance loan, customers need to prepare the following documents:

SHB Finance loan contract.

ID/CCCD/Passport used for loan registration.

Some other relevant documents (if required).

The simplest guide to finalizing SHB Finance loans

With the current development of technology, in addition to going directly to the bank to settle, there are many other extremely convenient online payment methods. Here are the 4 most popular ways to settle SHB Finance loans today that you can refer to:

How to settle a SHB Finance loan at a bank

Customers go to any nearest SHB Finance transaction office and follow these steps:

Step 1: Provide information about: Loan contract number, payment amount to counter staff.

Step 2: Confirm information, pay and receive payment receipt.

Note:

Retain payment receipts or successful transaction notifications for comparison when necessary.

It is necessary to perform a pre-calculation of the remaining amount that you will have to pay off to see if the bank has correctly calculated the amount that you need to pay or not, ensuring the interests of the borrower himself.

To know which branch of SHB Finance transaction office you are near, please follow the following link: https://www.shbfinance.com.vn/tra-cuu-thong-tin/diem-thu-ho-chi-ho /ngan-hang-shb.

How to settle SHB Finance loan at Viettel store

Customers can also go to Viettel post store (Viettel store, Viettel telecom) to finalize the SHB Finance loan, the steps are as follows:

Step 1: Customers state their wishes and then provide information to the teller at the counter, including: SHB Finance company name, loan contract number, payment amount.

Step 2: Confirm information, pay and receive payment receipt.

Instructions for finalizing SHB Finance loans via Momo wallet

Momo wallet is an e-wallet application for making payment transactions that are very familiar today. Customers can also pay off SHB Finance loans via Momo wallet simply by following these steps:

Step 1: Access the Momo application on your phone.

Step 2: Select “All services/Consumer loan payments” => SHB Finance => Enter loan contract number => Click “Confirm”.

Step 3: Check and confirm the information again => Select a payment method => Click “Payment”.

Look up and settle SHB Finance loans via Payoo

Finally, you can finalize your SHB Finance loan via Payoo. With this method you can choose one of the following two ways:

Pay directly at the Payoo affiliate store

Currently, there are many chain stores associated with Payoo to support faster and more convenient payment. To settle SHB Finance loan, customers can go to the following chain of stores associated with Payoo: VinMart Supermarket, Tmart Supermarket, Circle K, FPT Shop, B's Mart, Ministop, Family Mart, Electronics Media Mart, PiCo Electronics, HC Electronics, VinPro Electronics, Eco-Mart Electronics, Qmart Supermarkets, Okono Convenience Supermarkets, Children's Shops, KidsPlaza, Hoang Ha Mobile...

Step 1: Provide the loan contract number at SHB Finance to the tellers.

Step 2: Confirm information, proceed to payment and receive payment receipt.

Pay online on Payoo payment gateway

Step 1: Access Payoo's website by following the link: https://bill.payoo.vn. Or download the Payoo app for your phone to your device.

Step 2: Select “All services/Consumer loan payments” => SHB Finance => Enter loan contract number => Click “Confirm”.

Step 3: Check and confirm the information again => Select a payment method => Click “Payment”.

Should SHB Finance loan be paid off before maturity?

Early settlement of a SHB Finance loan is the customer's desire to fulfill the loan payment obligation before the time agreed on the contract. When paying before the due date, the customer will have to pay a penalty fee for breaking the contract, in some cases, the customer will not lose this fee.

Of course, when the payment is completed, you will no longer be obligated to continue paying interest to SHB Finance. However, before proceeding to liquidate the contract, you need to calculate how much this penalty fee is. If the penalty fee is higher than the interest, it should not be paid in a hurry. If the penalty fee is lower than the interest you will have to pay, you should pay it off before the due date.

This penalty fee will be based on the remaining settlement time and specified in the loan contract. The penalty fee for early payment is regulated as follows:

If the customer settles the contract before the first 6 periods, the penalty fee will be equal to 5%* of the remaining principal balance.

If the customer closes the contract after the first 6 periods, the penalty fee will be calculated at 4%* of the remaining principal balance.

Conclusion

Above, Banktop has guided you in detail 4 ways SHB Finance loan settlement simple and fast. Hopefully the article is useful to you and helps you easily make the loan payment on time, avoid incurring penalty costs due to late payment, late payment.

The article was edited by: Banktop.vn