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GXBank Help Centre

Can I change my loan repayment date or loan tenure after drawing down a loan?

 

Unfortunately, you won't be able to. But here is what you can do instead:

  1. Repay your outstanding loan(s).
  2. Borrow a new loan by making a drawdown.
  3. You can now choose a new repayment date when making this new drawdown (when there are no outstanding loan(s)). 

Example:
If you have Drawdown A with a repayment date of the 12th of each month, and you decide to fully settle Drawdown A, you can then pick a new repayment date for your next new drawdown, Drawdown B.

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