Updated September 2019
Looking for the best banks loans in Hong Kong? MoneySmart compares different loan plans from Hang Seng Bank with confidence.
Edit Loan Details
Total Amount Payable
Total Interest Payable
|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.|
|Principal Loan Amount||HK$200,000|
|Total Interest Payable||HK$5,520|
|Total Amount Payable||HK$205,520|
|Annual Percentage Rate||5.18%|
|Repayment Period||12 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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