☆Introduction
ICBC offers various kinds of methods for your payment to make it suitable for your business plan, financing need and payment capability, in every effort to make you a convenient financing and lower your cost, by which you could easily choose your preferred family plan and save the money.

☆Characteristic method and service for payment
Besides two traditional payment methods, the equivalent repayment of principal and interest and the equivalent repayment of principal, ICBC offers you customized method and service for payment to meet your specific need. 
Characteristic payment method includes:
1.Repayment of principal and interest by week
Based on the equivalent repayment of principal and interest or principal, you could make your payment in the term of seven or integral multiple of seven days. The minimum of the term is seven days and the maximum is 21 days (including 21 days).
2.Increasing repayment by degrees
You could choose the amount of your term payment within the first period, (one period is calculated by one year) and increase the repayment based on that. You could make the increase by fixed-amount or geometric proportion. After the increasing period, you could make the repayment by the method of equivalent repayment of principal and interest, based on the residual quantity and time of your loan.  
3.Decreasing repayment by degrees
You could choose the amount of your term payment within the first period, (one period is calculated by one year) and decrease the repayment amount based on that. You could make the decrease by fixed-amount or geometric proportion. After the decreasing period, you could make the repayment by the method of equivalent repayment of principal and interest, based on the residual quantity and time of your loan.
4.Random payment
You could make the minimum repayment, which is calculated by the method of equivalent repayment of principal and interest, and add a random amount on that as your term payment within the contract period. In this case, your payment might be advanced.
5.Pro-residence, Post-payment
Pro-residence, post-payment offers you an opportunity to delay the payment of loan principal but only repay the interest before you move into your purchased house, as long as the house that you are purchasing holds the property or is forward delivery from the seller, who has signed mortgage cooperation contract with ICBC and who is willing to provide interim guarantee.
Characteristic payment service includes:
1.You could choose your preferred payment day based on your situation therefore you could arrange your income and expenditure properly.
2.You are as well allowed to extend your payment day for ten more days within loan contract period.

The method and service for payment could be different in different locations. Please refer to local sub-branches of ICBC. To save your time, please inquire your local ICBC branch for details before you make the application.