Dah Sing Express Money

Updated September 2019
7.74%APR*
$208,352Total Amount Payable
$8,352Total Interest Payable
Monthly
Payment

HK$17,363
Key features
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)
Covered
Repayment Summary

Principal Loan Amount

HK$200,000

Total Interest Payable

HK$8,352

Total Amount Payable

HK$208,352

Annual Percentage Rate

7.74%

Monthly Payment

HK$17,363

Repayment Period

12 months

Others
Terms and Conditions
Fee & Charges

Late Payment Fee

HK$500 per month

Early Settlement Fee

2.5% 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 return 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

If Customer is a New Job Starter (i.e. the commencement date of the current employment period is within the 6 months preceding the date of application of the loan), he/ she must be aged from 18 to 30 and is required to submit the employment letter or employment contract when applying for the loan. The maximum loan amount for New Job Starter is HK$50,000
Plan Materials

Terms and Conditions

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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$17,363
Monthly Payment