BEA "Super Fast" Debt Clearance Plan

Updated September 2019
2.91%APR*
$203,129Total Amount Payable
$729Total Interest Payable
Monthly
Payment

HK$16,927
Promotion
Promotions
Cash rebate for new customers of up to HK$2,000 + up to HK$300 cash rebate for online application
  • New customers who successfully apply for the Loan on or before 30 September 2019 to enjoy the corresponding cash rebate as below: 
  • Loan amount between HK$50,000 to HK$199,999, opting for repayment period between 12 to 24 months can enjoy HK$150 cash rebate, opting for repayment period between 36 to 72 months can enjoy HK$300 cash rebate
  • Loan amount between HK$200,000 to HK$499,999, opting for repayment period 12 to 24 months can enjoy HK$400 cash rebate, opting for repayment period 36 to 72 months can enjoy HK$600 cash rebate
  • Loan amount between HK$500,000 to HK$699,999, opting for repayment period between 12 to 24 months, can enjoy HK$500 cash rebate, opting for repayment period 36 to 72 months can enjoy HK$800 cash rebate
  • Loan amount between HK$700,000 to HK$999,999, opting for repayment period between 12 to 24 months, can enjoy HK$600 cash rebate, opting for repayment period 36 to 72 months can enjoy HK$1,200 cash rebate
  • Loan amount between HK$1,000,000 to 1,200,000, opting for repayment period between 12 to 24 months can enjoy HK$1,000 cash rebate, opting for repayment period between 36 to 72 months can enjoy HK$2,000 cash rebate
  • Customers who successfully apply and submit required documents via online during the Promotional Period will be entitled to an additional cash rebate up to HK$300
Key features
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
Covered
Repayment Summary

Principal Loan Amount

HK$200,000

Total Interest Payable

HK$729

Handling Fee

HK$2,400

Total Amount Payable

HK$203,129

Annual Percentage Rate

2.91%

Monthly Payment

HK$16,927

Repayment Period

12 months

Others
Terms and Conditions
Fee & Charges

Handling Fee

1.2

Late Payment Fee

Any instalments in arrears will be subject to a default interest calculated on a daily basis at 3% per month on the total monthly repayment amount then overdue, plus a late charge of HK$400

Early Settlement Fee

2% per annum of original loan amount which will be calculated with reference to the number of years in the remaining loan period (any part of a year shall be rounded up to a full year)
Eligibility

Age Requirement

18 years old or above

Residency Status

Hong Kong Permanent Resident

Employment Status

Be Employed/ Self-employed

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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HK$16,927
Monthly Payment