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)
On the 27th day of each month (if it falls on a Saturday, Sunday or national holiday, the following business day), the repayment amount according to the loan balance as of the scheduled repayment date in the preceding month is automatically withdrawn from the borrower’s Seven Bank account (ordinary deposit).
| Loan balance as of the scheduled repayment date in the preceding month | Monthly repayment (scheduled repayment) |
|---|---|
| Not more than 100,000 yen | 2,000 yen |
| More than 100,000 yen but not more than 200,000 yen | 4,000 yen |
| More than 200,000 yen but not more than 400,000 yen | 6,000 yen |
| More than 400,000 yen but not more than 600,000 yen | 8,000 yen |
| More than 600,000 yen but not more than 800,000 yen | 10,000 yen |
| More than 800,000 yen but not more than 1,000,000 yen | 15,000 yen |
| More than 1,000,000 yen but not more than 1,500,000 yen | 20,000 yen |
| More than 1,500,000 yen but not more than 2,000,000 yen | 25,000 yen |
| More than 2,000,000 yen | 35,000 yen |
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
- 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 Money is automatically withdrawn from your other account at another financial institution/bank.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.