Dah Sing Credit Mastermind Instalment Loan

Updated March 2019
16.04%APR*
$51,661Total Amount Payable
$1,661Total Interest Payable
Monthly
Payment

HK$4,305
Promotion
Promotions
Up to HK$3,500 Cash Rebate and Reward for successful new customer online application
  • Customers with loan tenor 12 months or above are entitled to up to HK$2,500 Cash Rebate
  • Up to HK$1,000 Cash Reward for successful online application
  • The promotion period is valid from now until 31 March 2019 (the "Promotion Period")
Key features
Key Features
  • Monthly flat rate as low as 0.11% (APR 4.72%)#
  • Loan amount up to HK$1,200,000
  • Save interest up to 86%
  • Cash out up to 6 times of monthly income
  • Dah Sing e-Express Application service, offers instantly approved loan amount
  • Up to HK$2,500 Cash Rebate
  • Up to HK$1,000 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$2,500 Cash Rebate is 4.72% (assume the Bank credits the cash rebate at the 4th month after the loan drawdown)
Covered
Repayment Summary

Principal Loan Amount

HK$50,000

Total Interest Payable

HK$1,661

Total Amount Payable

HK$51,661

Annual Percentage Rate

16.04%

Monthly Payment

HK$4,305

Repayment Period

12 months

Others
Terms and Conditions
Fee & Charges

Handling Fee

1.1% per annum flat on loan amount, which is already included in Annualized Percentage Rate

Late Payment Fee

HK$500 per month

Early Settlement Fee

3.5% of the original loan amount (minimum HK$500) and the interest payable for the month or part thereof from the last monthly repayment date to the date when the total outstanding amount is settled and returned any applicable promotional offers. Interest payable is calculated on the basis of "Rule of 78"
Eligibility

Age Requirement

18 years old or above

Employment Status

The minimum monthly income of applicants must be HK$6,000 and the year of service of his/her current employment must be 3 months or more
Plan Materials

Terms and Conditions

Read More

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.

Disclaimer: At MoneySmart.hk, we strive to keep our information accurate and up to date. This information may be different than what you see when you visit a financial institution, service provider or specific product’s site. All financial products and services are presented without warranty. Additionally, this site may be compensated through third party advertisers. However, the results of our comparison tools which are not marked as sponsored are always based on objective analysis first. To borrow or not to borrow? Borrow only if you can repay!

HK$4,305
Monthly Payment