Extension can be applied for.
Loan extension refers to the borrower's behavior of deferring loan repayment after applying to the lending bank and obtaining approval. To apply for extension, the borrower needs to fill in the extension application form, confirm his/her signature and the opinions of the acceptance outlet, Stamped with official seal.
Then submit the information and fill out the extension application form and wait for review by the bank. Once approved, the monthly payment will be calculated immediately according to the new repayment period.