Get the Best Banks Loans Rates 2020

Updated January 2020

Thinking about getting a banks loans in Hong Kong? MoneySmart.hk lets you compare and choose the best banks loans in Hong Kong with confidence.

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Loan Details
HK$
HK$
Standard Chartered Personal Instalment Loan
Monthly
Payment
HK$8,553

4.9400%

APR*

$102,634

Total Amount Payable

$2,634

Total Interest Payable

HK$8,553

Monthly Payment
MoneySmart Exclusive: Up to HK$2,000 Cash Voucher + Extra Up to HK$5,000 Voucher!!!
  • Online Offer up to HK$2,000 Cash Coupon

Key Features

APR as low as 1.98% with 0% handling fee
Monthly flat rate as low as 0.08882%
Loan amount: Up to HKD2,000,000 or 18x salary (whichever is lower)
Up to HK$2,000 Cash Coupon (from the bank)+ extra up to HK$5,000 Supermarket Voucher ( from MoneySmart)

Repayment Summary

Principal Loan AmountHK$100,000
Total Interest PayableHK$2,634
Total Amount PayableHK$102,634
Annual Percentage Rate4.9400%
Monthly PaymentHK$8,553
Repayment Period12 months
BEA "Super Fast" Debt Clearance Plan
Monthly
Payment
HK$8,464

2.9100%

APR*

$101,564

Total Amount Payable

$364

Total Interest Payable

HK$8,464

Monthly Payment

Key Features

APR as low as 2.91%
Repayment period of up to 72 months
Loan amount of up to 21 times your monthly basic salary (maximum HK$1,200,000)
Cash rebate for new customers of up to HK$2,000
Successfully apply and submit documents online to get extra cash rebate of up to HK$300

Repayment Summary

Principal Loan AmountHK$100,000
Total Interest PayableHK$364
Handling FeeHK$1,200
Total Amount PayableHK$101,564
Annual Percentage Rate2.9100%
Monthly PaymentHK$8,464
Repayment Period12 months
DBS Debt Consolidation Loan
Monthly
Payment
HK$8,498

3.8300%

APR*

$101,980

Total Amount Payable

$480

Total Interest Payable

HK$8,498

Monthly Payment
  • Up to HK$3,300 Coupons for applying for Debt Consolidation Loan

Key Features

Up to HK$3,300 Coupons for applying for Debt Consolidation Loan
Loan amount up to 21x monthly salary or HK$2,000,000
Instalment period up to 72 months
1-minute approval

Repayment Summary

Principal Loan AmountHK$100,000
Total Interest PayableHK$480
Handling FeeHK$1,500
Total Amount PayableHK$101,980
Annual Percentage Rate3.8300%
Monthly PaymentHK$8,498
Repayment Period12 months
Fubon Balance Transfer Personal Loan
Monthly
Payment
HK$8,532

6.4400%

APR*

$102,388

Total Amount Payable

$2,388

Total Interest Payable

HK$8,532

Monthly Payment

Key Features

Privileged customers exclusively enjoy fixed monthly flat rate of 0.265%^
Other customers can enjoy personalized interest rate
Loan amount up to 21 times of monthly salary or HK$1,000,000 (Whichever is lower)
Cash amount up to 10 times of monthly salary can be directly credited to your designated bank account
Tenor up to 72 months for your selection
*APR, calculated in accordance with the guidelines as set out in the Code of Banking Practice, is a reference rate expressed as an annualized rate which include the basic interest rate of the loan and non-refundable handling fee deducted from loan amount
^For the definition of privileged customers, please refer to the Brochure of the Bank. APRs for the fixed monthly flat rate of 0.265% are 7.98% (12-month tenor) and 8.83% (36-month tenor) respectively. It includes the basic interest rate of the loan and the non-refundable handling fee deducted from loan amount

Repayment Summary

Principal Loan AmountHK$100,000
Total Interest PayableHK$2,388
Total Amount PayableHK$102,388
Annual Percentage Rate6.4400%
Monthly PaymentHK$8,532
Repayment Period12 months
Hang Seng Personal Instalment Loan
Monthly
Payment
HK$8,593

5.8600%

APR*

$103,120

Total Amount Payable

$3,120

Total Interest Payable

HK$8,593

Monthly Payment

Key Features

Monthly flat rate as low as 0.12% (Annualized Percentage Rate as low as 2.68%)* and handling fee waiver*
Up to HKD1,000 Cash Rebate for online or mobile application
Payroll Customers do not need to submit documents and enjoy extra up to HKD500 Cash Rebate
Loan amount up to HKD3,000,000 or 15 times of your monthly salary (whichever is lower), and repayment periods up to 60 months
During repayment period, you can also apply for a Top-up Loan on your repaid principal amount with no documents required
*For a loan amount of HKD1,000,000 or above, the annualized percentage rate of 2.68% is calculated based on a monthly flat rate of 0.12% and a 12-month repayment period, including the full handling charge waiver. The interest rate and the full handling charge waiver are applicable on a case-by-case basis and the final approved interest rate and payable handling charge are subject to the loan amount and credit assessment result.
Above information is for reference only. Please refer to Hang Seng Bank website for the loan details.

Repayment Summary

Principal Loan AmountHK$100,000
Total Interest PayableHK$3,120
Total Amount PayableHK$103,120
Annual Percentage Rate5.8600%
Monthly PaymentHK$8,593
Repayment Period12 months
DBS Personal Instalment loan
Monthly
Payment
HK$8,598

5.9800%

APR*

$103,180

Total Amount Payable

$1,680

Total Interest Payable

HK$8,598

Monthly Payment
  • Up to HK$2,200 Coupons for applying for Personal Instalment Loan

Key Features

Up to HK$2,200 Coupons for applying for personal instalment loan
Monthly flat rate as low as 0.04%
Loan amount up to 20x monthly salary or HK$2,000,000
Anytime redraw your repaid principal
1-minute approval

Repayment Summary

Principal Loan AmountHK$100,000
Total Interest PayableHK$1,680
Handling FeeHK$1,500
Total Amount PayableHK$103,180
Annual Percentage Rate5.9800%
Monthly PaymentHK$8,598
Repayment Period12 months
DreamCash Personal Loan
Monthly
Payment
HK$8,612

6.3500%

APR*

$103,340

Total Amount Payable

$2,340

Total Interest Payable

HK$8,612

Monthly Payment

Key Features

Loan Amount up to HK$1,200,000 or 12 times of monthly salary (whichever is lower)*
Flexible repayment tenor up to 60 months
APR as low as 2.97%
Instant cash deposit to your designated bank account after approval, you can make efficient cash arrangement and have better financial planning

Repayment Summary

Principal Loan AmountHK$100,000
Total Interest PayableHK$2,340
Handling FeeHK$1,000
Total Amount PayableHK$103,340
Annual Percentage Rate6.3500%
Monthly PaymentHK$8,612
Repayment Period12 months
Hang Seng Debt Consolidation Instalment Loan
Monthly
Payment
HK$8,619

6.4400%

APR*

$103,424

Total Amount Payable

$2,424

Total Interest Payable

HK$8,619

Monthly Payment

Key Features

Loan amount of up to 21 times of your monthly salary
Enjoy extra cash up to 8 times of your monthly salary on hand
Repayment periods up to 72 months
Personalised interest rate to save more than 89% of interest expenses
Above information is for reference only. Please refer to Hang Seng Bank website for the loan details.

Repayment Summary

Principal Loan AmountHK$100,000
Total Interest PayableHK$2,424
Handling FeeHK$1,000
Total Amount PayableHK$103,424
Annual Percentage Rate6.4400%
Monthly PaymentHK$8,619
Repayment Period12 months
HSBC Personal Instalment Loan
Monthly
Payment
HK$8,633

6.8000%

APR*

$103,600

Total Amount Payable

$3,600

Total Interest Payable

HK$8,633

Monthly Payment

Key Features

Monthly flat rate as low as 0.13% (APR as low as 2.92%)
Online offer of up to HK$500 cash rebate
Document submission offer of HK$100 cash rebate
HK$0 handling fee
Loan amount of up to HK$1,500,000 or 12 times of the monthly salary
Choice of repayment period from 6 months to 60 months
1-minute approval and no income proof is required if you have maintained an auto payroll account with HSBC for one month or above
30-day service pledge – early redemption fees waiver
Cash withdrawal from over 1,000 HSBC's ATMs and branches

Repayment Summary

Principal Loan AmountHK$100,000
Total Interest PayableHK$3,600
Total Amount PayableHK$103,600
Annual Percentage Rate6.8000%
Monthly PaymentHK$8,633
Repayment Period12 months
Dah Sing Express Money
Monthly
Payment
HK$8,660

7.2600%

APR*

$103,924

Total Amount Payable

$3,924

Total Interest Payable

HK$8,660

Monthly Payment

Key Features

Annualized Percentage Rate as low as 1.98%#
Loan amount up to HK$1,000,000 or 10X monthly income (whichever is lower)
Repayment tenor up to 60 months
Welcome for new job starters
Anytime re-borrow without re-applying for a loan account
Dah Sing e-Express Application service, offers instantly approved loan amount
Up to HK$2,500 Cash Rebate
HK$100 Cash Reward for successful online application
# The interest rate offer of as low as 1.98% APR is only applicable to "Selected Customers". On the assumption of a HK$1,000,000 loan amount, 12-month loan tenor and 0.11% monthly flat rate, APR including HK$2,500 Cash Rebate is 1.98% (assume the Bank credits the cash rebate at the 4th month after the loan drawdown)

Repayment Summary

Principal Loan AmountHK$100,000
Total Interest PayableHK$3,924
Total Amount PayableHK$103,924
Annual Percentage Rate7.2600%
Monthly PaymentHK$8,660
Repayment Period12 months
Citibank Card Debt Consolidation Loans
Monthly
Payment
HK$8,673

7.6500%

APR*

$104,080

Total Amount Payable

$4,080

Total Interest Payable

HK$8,673

Monthly Payment
MoneySmart Exclusive:
Up to 30% off on total interest payment + extra HK$4,000 Supermarket or Electronics Vouchers for successful applications via MoneySmart!

Key Features

Repayment term up to 60 months
Loan amount up to 21X Monthly Salary or HK$1,200,000
$0 handling fee
Up to 30% off on total interest payment

Repayment Summary

Principal Loan AmountHK$100,000
Total Interest PayableHK$4,080
Total Amount PayableHK$104,080
Annual Percentage Rate7.6500%
Monthly PaymentHK$8,673
Repayment Period12 months
Dah Sing Credit Mastermind Instalment Loan
Monthly
Payment
HK$8,705

16.0400%

APR*

$104,459

Total Amount Payable

$3,359

Total Interest Payable

HK$8,705

Monthly Payment

Key Features

Monthly flat rate as low as 0.11% (APR 4.70%)#
Loan amount up to HK$1,200,000
Save interest up to 86%
Cash out up to 8 times of monthly income
Dah Sing e-Express Application service, offers instantly approved loan amount
Up to HK$2,888 Cash Rebate
HK$100 Cash Reward for successful online application
# The interest rate offer of as low as 0.11% monthly flat rate is only applicable to "Selected Customers". On the assumption of a HK$1,000,000 loan amount, 60-month loan tenor and 0.11% monthly flat rate, 1.1% p.a. loan handling fee, APR including HK$2,888 Cash Rebate is 4.70% (assume the Bank credits the cash rebate at the 4th month after the loan drawdown)

Repayment Summary

Principal Loan AmountHK$100,000
Total Interest PayableHK$3,359
Handling FeeHK$1,100
Total Amount PayableHK$104,459
Annual Percentage Rate16.0400%
Monthly PaymentHK$8,705
Repayment Period12 months
Standard Chartered Debt Consolidation Program
Monthly
Payment
HK$8,754

9.6000%

APR*

$105,052

Total Amount Payable

$5,052

Total Interest Payable

HK$8,754

Monthly Payment
MoneySmart Exclusive: Up to HK$3,000 Cash Voucher + Extra Up to HK$5,000 Voucher!!!

Key Features

APR as low as 2.15% with 0% handling fee
Monthly flat rate as low as 0.092%
Loan amount: Up to HKD2,000,000 or 18x salary (whichever is lower)
Loan tenure up to 72 months
Up to HK$3,000 Cash Coupon (from the bank)+ extra up to HK$5,000 Supermarket Voucher (from MoneySmart)

Repayment Summary

Principal Loan AmountHK$100,000
Total Interest PayableHK$5,052
Total Amount PayableHK$105,052
Annual Percentage Rate9.6000%
Monthly PaymentHK$8,754
Repayment Period12 months

The APR includes the basic interest rate, as well as any other fees and charges (i.e.: Handling Fee) so that it reflects the actual total cost of borrowing. The actual APR applicable may differ, please check with the provider to confirm your final APR based on your loan.

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