DBS Personal Instalment loan

Updated March 2019
5.98%APR*
$50,840Total Amount Payable
$840Total Interest Payable
Monthly
Payment

HK$4,237
Promotion
Promotions
Up to HK$800 Coupons for applying for Personal Instalment Loan
  • Customers who successfully apply for Personal Instalment Loan via online during the Promotional Period and draw down the approved Loan on or before 15 April 2019, if the Loan amount drawn reaches HK$100,000 or above, customers will be entitled to HK$300 supermarket cash coupons
  • Customers successfully apply for the Loan during the Promotional Period from whatever channels and draw down the approved Loan on or before 15 April 2019, if the approved Loan amount reaches the amount set out in the below table, customers will be awarded with the corresponding amount of Coupons:
    If the loan amount is HK$100,000 至 HK$199,999 can earn HK$200 coupon
    If the loan amount is HK$200,000 至 HK$499,999 can earn HK$300 coupon
    If the loan amount is HK$500,000 or above, can earn HK$500 coupon
Key features
Key Features
  • Up to HK$800 Coupons for applying for personal instalment loan
  • Monthly flat rate as low as 0.05%
  • Loan amount up to 12x monthly salary or HK$2,000,000
  • Anytime redraw your repaid principal
  • 1-minute approval
Covered
Repayment Summary

Principal Loan Amount

HK$50,000

Total Interest Payable

HK$840

Total Amount Payable

HK$50,840

Annual Percentage Rate

5.98%

Monthly Payment

HK$4,237

Repayment Period

12 months

Others
Terms and Conditions
Fee & Charges

Handling Fee

Loan amount below HK$700,000, 1.5% handling fee will be charged each year, Loan amount of HK$700,000 or above, 1% handling fee will be charged each year (*Handling fee is not included in total amount payable now)

Late Payment Fee

A default interest of 3% of the total monthly repayment amount overdue and a late charge of HK$300

Early Settlement Fee

1.5% per annum on the original principal amount of the loan will be charged for the number of years in the remaining loan tenor (any part of a year shall be rounded up to a year)
Eligibility

Age Requirement

18 years old or above

Residency Status

Hong Kong resident

Employment Status

Minimum Annual Income HK$80,000

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$4,237
Monthly Payment