Loan Service: Repayment
In addition to the monthly repayment (scheduled repayment), early repayment (optional repayment at any time) can also be made.
Monthly Repayment (Scheduled Repayment)
Your monthly repayment will be automatically withdrawn from your Seven Bank account (ordinary deposit) at a fixed amount depending on the borrowing limit.
| Borrowing limit | Monthly repayment (scheduled repayment) |
|---|---|
| 100,000 yen | 5,000 yen in principle |
| 300,000 yen or 500,000 yen | 10,000 yen in principle |
| 700,000 yen or 1,000,000 yen | 15,000 yen in principle |
| 1,500,000 yen | 20,000 yen in principle |
| 2,000,000 yen | 30,000 yen in principle |
| 2,500,000 yen | 35,000 yen in principle |
| 3,000,000 yen | 40,000 yen in principle |
When borrowing for the first time, or when borrowing again after repaying the entire amount, the normal monthly repayment date is different from the initial monthly repayment date. Refer to the link below for further details.
When borrowing for the first time, or when borrowing again after repaying the entire amount
-
The amount of your monthly repayment may be less than the amount of scheduled repayment (i.e. 5,000 yen, 10,000 yen, 15,000 yen, 20,000 yen, 30,000 yen, 35,000 yen, or 40,000 yen). For details, please refer to the following.
Cases where the amount of your monthly repayment is less than (5,000 yen, 10,000 yen, 15,000 yen, 20,000 yen, 30,000 yen, 35,000 yen, or 40,000 yen).
- Email Notification About Repayment
[Examples when the customer is notified about transactions or procedures] -
Notifications for repayment confirmation, planned repayment date, scheduled repayment, etc.
Notification Email Service(Japanese Only)
Convenient service for monthly loan payment
Monthly Auto-Deposit Service
-
Monthly Auto-deposit service is a free service that automatically deposits money to your Seven Bank account on a monthly basis. Money is automatically withdrawn from your other account at another financial institution/bank.
You can repay a loan conveniently, with no fees and no cumbersome procedures.
Early Repayment (Optional Repayment)
As a general rule, repayment can be made at any time, 24 hours a day, 365 days a year via the Direct Banking Service or at a Seven Bank ATM.
| Time repayment can be made | Ways for repayment | Repayment denomination | |
|---|---|---|---|
| Seven Bank ATM (Japanese Only)*1 | As a general rule, repayment is possible 24 hours a day, 365 days a year | Cash (Using a cash card *2) | 1,000 yen |
| Transfer from Seven Bank account (Ordinary deposit) | 1 yen | ||
| Direct Banking*3 | Transfer from ordinary deposit account | 1 yen |
- ＊1When the amount of repayment exceeds the total of the
outstanding borrowing amount plus interest, the excess amount will be transferred into your Seven Bank
account (ordinary deposit).
Repayment can only be made at a Seven Bank ATM. - ＊2The PIN for Loan Service transactions is the same as your cash card PIN used for ordinary deposit transactions.
Partial Repayment or Repayment of the Entire Amount can be selected for Early Repayment.
Partial repayment
If partial repayment is selected, then only repayment for the outstanding borrowing amount can be made, and the interest cannot be repaid.
- ＊Note that monthly repayments are due regardless of the repayment amount.
- ＊The interest that incurred up to the repayment date
cannot be repaid even if repayment is made for the entire outstanding borrowing amount.
Please note that a separate debit is automatically made on the next monthly repayment date.
Repayment of the entire amount
If repayment of the entire amount is selected, then the repayment amount must cover the outstanding borrowing amount plus the interest.