Compare Banks Loans Rates and APR 2023

Compare bank loans in Hong Kong with the lowest interest rates. Find out your personalized loan amount, APR, and repayment period. Read More
300,000 personal loan Paid over 24 months
HK$
We found 25 Personal Loans for you!
中信銀行(國際) logo

Monthly Payment

HK$12,938

Monthly Payment
MoneySmart Exclusive
Same-day fund disbursement to your CNCBI account!
APR*
1.9%
Total Amount Payable
HK$304,500
Total Interest Payable
HK$4,500
Monthly Payment
HK$12,938

【MoneySmart Exclusive Offer 】- Get total reward up to HK$4,000!
Customers successfully apply for loan via MoneySmart and draw down the designated loan amount could enjoy up to HK$4,000 Supermarket Voucher / HK$4,000 Apple Gift Card /  SAMSUNG Galaxy Tab S7 FE Tablet
(retail price: HK$3,998) !

Valid until 30 Jun 2023 - See more details below
Apply Now
富邦銀行 logo

Monthly Payment

HK$13,495

Monthly Payment
MoneySmart Exclusive
Fixed rate for privileged customers
APR* (Calculation is based on loan amount of HK$1,500,000 or above)
1.88%
Total Amount Payable
HK$323,875.20
Total Interest Payable
HK$23,875.20
Monthly Payment
HK$13,495

[✈️ 🧳MoneySmart Travel Offer!] 

Limited Time Offer! Customers enter referral code "MSRL05" to successfully apply and drawdown Fubon Perfect Fit Personal Loan, loan amount of HK$300,000 or above with tenor 24 months or above, can enjoy exclusive reward Rimowa Luggage Cabin U Essential Lite Luggage (Colour randomly distributed) (Retail price $4,800) / Up to HK$4,000 Trip.com Voucher / Apple Gift Card / Supermarket Voucher. Apply and draw down the loan via our online platform to get extra supermarket cash coupon of up to HK$8,300, total reward up to HK$13,100!

Valid until 07 Jul 2023 - See more details below
Apply Now
DBS 星展銀行 logo

Monthly Payment

HK$13,040

Monthly Payment
MoneySmart Exclusive
Instant cash out single-handedly
APR as low as*
2.2%
Total Amount Payable
HK$312,960
Total Interest Payable
HK$12,960
Monthly Payment
HK$13,040

New customers who successfully apply and drawdown DBS Personal Instalment Loan via MoneySmart can get up to HK$8,000 rewards + Extra up to HK$10,000 Supermarket Voucher/Apple Gift Card! Get up to a total HK$18,000 reward! APR is as low as 2.2%!

Valid until 30 Jun 2023 - See more details below
Apply Now
Citibank 花旗銀行 logo

Monthly Payment

HK$12,740

Monthly Payment
MoneySmart Exclusive
APR*
1.78%
Total Amount Payable
HK$305,760
Total Interest Payable
HK$5,760
Monthly Payment
HK$12,740

【Highest offer in June 2023 and the highest rewards is as high as HK$19,899】New customer who successfully apply for Citi Speedy Cash/Citi Card Debt Consolidation Loan and successfully draw down on or before 14 July would be rewarded with Apple iPhone 14 Pro Max 512 GB / $11,500 Apple Gift Card / Supermarket vouchers!

Other physical gift options for choosing include DYSON HP09 Purifier Hot+Cool Formaldehyde/ iPad Pro/ DYSON Digital Slim™ Fluffy Stick Vacuum Cleaner /KEF EGG Duo speakers!

Valid until 30 Jun 2023 - See more details below
Apply Now
livi logo

Monthly Payment

HK$12,740

Monthly Payment
MoneySmart Exclusive
APR*
1.61%
Total Amount Payable
HK$305,760
Total Interest Payable
HK$5,760
Monthly Payment
HK$12,740
Enjoy APR as low as 1.61%*, earn up to $4,150 HKD cash rebate!
Effective immediately from now on to 30 June, earn an extra HK$3,900 rebate with MoneySmart exclusive invitation code 【MSMART#CASH5】. New customers who spend HK$250 at a single purchase can enjoy HK$250 welcome offer. Enjoy total up to HK$4,150 cash reward**!

For livi Flexi Loan "Personal Loan" Cash Rebate Offer (Drawdown with a minimum tenor of 36 months or above​), please refer to the following details and the terms & conditions.
Valid until 30 Jun 2023 - See more details below
Apply Now
WeLab Bank logo

Monthly Payment

HK$12,740

Monthly Payment
MoneySmart Exclusive
APR*
1.68%
Total Amount Payable
HK$305,760
Total Interest Payable
HK$5,760
Monthly Payment
HK$12,740

From 2 June 2023 till 30 June 2023, successfully draw down the loan using MoneySmart unique code "NLSMRT" could enjoy up to HK$13,888 cash rebate offered by WeLab Bank and MoneySmart exclusive rewards  up to HK$14,500 Supermarket Vouchers / HK$14,500 Apple Gift Carrd /  Devialet Phantom II 98DB Wireless Speaker!  Designated loan amount are offered LG Dehumidifier or Bose QuietComfort 45 headphones!



Exclusive Interest saving guarantee! Clear your card debts and save HKD 50,000 interest expenses, or get HKD 50,000 cash! Also enjoy up to HK$28,388 rewards!

Upon your submission of the gift redemption form, you acknowledge and agree the information entered in this form may be shared to business partners for validation and that business partners may share their results back to us for fulfilment purposes in accordance with our privacy policy“

Valid until 30 Jun 2023 - See more details below
Apply Now
DBS 星展銀行 logo

Monthly Payment

HK$13,070

Monthly Payment
MoneySmart Exclusive
Loan amount up to HK$2,000,000
APR*
6.48%
Total Amount Payable
HK$313,680
Total Interest Payable
HK$13,680
Monthly Payment
HK$13,070

New customers who successfully apply and drawdown DBS Debt Consolidation Loan via MoneySmart can get up to HK$13,800 rewards + Extra up to HK$8,200 Supermarket Cash Voucher/Apple Gift Card! Get up to a total HK$22,000 reward!

Valid until 30 Jun 2023 - See more details below
Apply Now
天星銀行Airstar Bank logo

Monthly Payment

HK$12,890

Monthly Payment
APR*
1.58%
Total Amount Payable
HK$309,360
Total Interest Payable
HK$9,360
Monthly Payment
HK$12,890
Apply Now
BOC 中國銀行 logo

Monthly Payment

HK$13,267

Monthly Payment
MoneySmart Exclusive
As low as $0 Handling Fee
APR*
1.85%
Total Amount Payable
HK$315,408
Total Interest Payable
HK$15,408
Monthly Payment
HK$13,267
【Limited Offer】Apply BOC Express Cash – Tax Season Loan via MoneySmart website, with insert reference code “AS”, can enjoy extra HK$500 Cash Rebate. Terms and Conditions applied. Including cash rebate offer, you can enjoy up to HK$7,300 Cash Rebate in total! 
Valid until 03 Jul 2023 - See more details below
Apply Now
SCB 渣打銀行 logo

Monthly Payment

HK$13,310

Monthly Payment
APR as low as 1.85%
APR*
6.28%
Total Amount Payable
HK$319,440
Total Interest Payable
HK$19,440
Monthly Payment
HK$13,310
Apply Now
富邦銀行 logo

Monthly Payment

HK$13,844

Monthly Payment
MoneySmart Exclusive
APR* (Calculation is based on loan amount of HK$180,000 or above)
2.88%
Total Amount Payable
HK$332,256
Total Interest Payable
HK$32,256
Monthly Payment
HK$13,844

[✈️ 🧳MoneySmart Travel Offer!] 

Limited Time Offer! Customers enter referral code "MSRL05" to successfully apply and drawdown Fubon "EZ Cash" Personal Loan, loan amount of HK$80,000 or above with a tenor of 12 months or above, can enjoy MoneySmart exclusive offer up to HK$1,000 Trip.com Voucher / Apple Gift Card / Supermarket Voucher!**Apply and draw down the loan via online platform to get extra supermarket cash coupon of up to HK$2,300, total reward up to HK$3,300!

Valid until 07 Jul 2023 - See more details below
Apply Now
中信銀行(國際) logo

Monthly Payment

HK$13,389

Monthly Payment
MoneySmart Exclusive
APR*
6.77%
Total Amount Payable
HK$315,336
Total Interest Payable
HK$15,336
Monthly Payment
HK$13,389

【MoneySmart Exclusive Offer 】- Get total reward up to HK$4,000!
Customers successfully apply for loan via MoneySmart and draw down the designated loan amount could enjoy up to HK$4,000 Supermarket Voucher / HK$4,000 Apple Gift Card /  SAMSUNG Galaxy Tab S7 FE Tablet
(retail price: HK$3,998) !

Valid until 30 Jun 2023 - See more details below
Apply Now
天星銀行Airstar Bank logo

Monthly Payment

HK$12,890

Monthly Payment
APR*
2.99%
Total Amount Payable
HK$309,360
Total Interest Payable
HK$9,360
Monthly Payment
HK$12,890
Apply Now
WeLab Bank logo

Monthly Payment

HK$12,740

Monthly Payment
APR* (Inclusive of $3,000 cash rebate)
1.28%
Total Amount Payable
HK$305,760
Total Interest Payable
HK$5,760
Monthly Payment
HK$12,740
Read More
BEA 東亞銀行 logo

Monthly Payment

HK$13,430

Monthly Payment
APR as low as 2.04%*
APR*
7.22%
Total Amount Payable
HK$322,320
Total Interest Payable
HK$22,320
Monthly Payment
HK$13,430
Read More
HSBC 滙豐銀行 logo

Monthly Payment

HK$13,520

Monthly Payment
APR
2.25%*
Total Amount Payable
HK$324,480
Total Interest Payable
HK$24,480
Monthly Payment
HK$13,520
Apply Now
富邦銀行 logo

Monthly Payment

HK$13,271

Monthly Payment
Fixed rate for privileged customers
APR* (Calculation is based on loan amount of HK$2,000,000 or below)
5.97%
Total Amount Payable
HK$318,511.20
Total Interest Payable
HK$18,511.20
Monthly Payment
HK$13,271
Apply Now
大新銀行 logo

Monthly Payment

HK$13,112

Monthly Payment
MoneySmart Exclusive
Monthly flat rate as low as 0.11%
APR
4.83%
Total Amount Payable
HK$307,920
Total Interest Payable
HK$8,094.24
Monthly Payment
HK$13,112

【Welcome Offer Exclusive for MoneySmart Users】From now until 30 June 2023, customers who successfully apply for Credit Mastermind Instalment Loan via MoneySmart and drawdown the loan on or before 31 July 2023 can enjoy up to HK$2,200 Supermarket Voucher or Apple Gift Card!

Valid until 30 Jun 2023 - See more details below
Apply Now
大新銀行 logo

Monthly Payment

HK$12,811

Monthly Payment
MoneySmart Exclusive
Loan disbursement in as quick as 15 minutes
APR (include cash rebate)
1.38%
Total Amount Payable
HK$307,473.60
Total Interest Payable
HK$7,473.60
Monthly Payment
HK$12,811

【Welcome Offer Exclusive for MoneySmart Users】From now until 30 June 2023, customers who successfully apply for Express Money via MoneySmart and drawdown the loan on or before 31 July 2023 can get extra HK$300 Supermarket Voucher / Apple Gift Card!

Valid until 30 Jun 2023 - See more details below
Apply Now
Citibank 花旗銀行 logo

Monthly Payment

HK$13,070

Monthly Payment
MoneySmart Exclusive
APR*
6.78%
Total Amount Payable
HK$313,680
Total Interest Payable
HK$13,680
Monthly Payment
HK$13,070

【Highest offer in June 2023 and the highest rewards is as high as HK$19,899】New customer who successfully apply for Citi Speedy Cash/Citi Card Debt Consolidation Loan and successfully draw down on or before 14 July would be rewarded with Apple iPhone 14 Pro Max 512 GB / $11,500 Apple Gift Card / Supermarket vouchers!

Other physical gift options for choosing include DYSON HP09 Purifier Hot+Cool Formaldehyde/ iPad Pro/ DYSON Digital Slim™ Fluffy Stick Vacuum Cleaner /KEF EGG Duo speakers!

Valid until 30 Jun 2023 - See more details below
Apply Now

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. For any discrepancy in product information, please refer to the financial institution’s website for the most updated version. 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.

Best Bank Loan Interest Rate 2022

Bank Loan APRFeature
Citi Speedy Cash1.78%Repayment term up to 60 months
DBS Personal Instalment Loan1.56%1 minute approval
BEA "Super-Fast" Instalment Loan2.91%Cash disbursement in a day
Standard Chartered Personal Instalment Loan1.98%Enjoy up to HK$2,000 cash rebate
Credit Mastermind Instalment Loan4.70%Save interest up to 86%
Fubon Balance Transfer Personal Loan8.50%Repayment term up to 72 months

Apply For Quick Banks Loan Online

Most banks in Hong Kong, including HSBC, The Bank of East Asia, Standard Chartered Bank, Bank of China, Dah Sing Bank, and Bank of Communications can process online loan applications fairly quickly. Applicants can submit the required documents online via the official bank's website. If the applicant is also an account holder of the bank, he/she can be exempted from submitting some supporting documents and they may not be required to show up at all during the entire application process. The loan can be approved as fast as in 1 minute, and the fund can be disbursed on the same day.

Personal Loans Eligibility

Applicants must be at least 18 years old. But even if you are 18 years old, you may not be eligible to apply for some loans. It is important to understand that different banks have different sets of requirements. Applicants are advised to check with an individual bank for its specific requirements before applying. For example, Standard Chartered Bank requires personal loan applicants to be at least 20 years old. Applicants are also required to submit a copy of Hong Kong ID card/passport (for non permanent ID card holders) and proof of current residential address for the last 3 months. In addition, banks generally require applicants to submit pay slips. If these are not available, you may be required to provide bank statements or proof of MPF contribution for the last 3 months.

What are bank loans?

Bank loans are loans provided by banks, and there are various types of bank loans available in Hong Kong, including person installment loans, balance transfer plans and revolving loans for different debt management purposes. Some are designed to provide applicants with speedy cash to overcome their immediate financial problems while others are designed to pay off card debt. The repayment period is up to 72 months.
Some people prefer loans from banks over money lenders, as banks offer lower interest rates and are more reliable. Citibank, Standard chartered Bank and DBS are all popular bank loan choices in Hong Kong.

Types of Bank Loans in Hong Kong

Banks offer different types of bank loans for different purposes. Below is a summary of the most common bank loans:

Fixed instalment loan

Personal loans can be used for many purposes e.g. settle large expenses in life.

Debt Consolidation Loans

Consolidate all your high-interest debts into one loan including credit card debts.

Revolving loan

There is no fixed repayment period or monthly repayment amount while the interest rate is higher than the fixed instalment loan. It is best for paying off credit card debts or extra cash.

Tax loan

The interest rate is lower than that of ordinary personal instalment loans. Applicants can use some of it to pay tax and enjoy extra cash to ease the financial burden.

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Best Bank Loans 2021

Are you planning to apply for personal loans to ease your financial burden? Why not have a read around these articles below to find the personal loan that suits your needs the most?

Bank Loan FAQ

How can I get a quick loan from banks?

Many banks accept online applications. If you want to get the loan quickly, you can apply for HSBC Personal Instalment Loan characterized by fast approval and cash withdrawal in 1 minute. You can also check out this article on Best quick loans in Hong Kong.

Can domestic helpers apply for loans?

Some lenders provide loans specially designed for domestic helpers e.g. UA Finance Overseas Workers Loans. It features its flexibility in the loan amount, interest rate and repayment terms.

What is the minimum salary to get a personal loan?

Different banks have different sets of requirements. For example, HSBC Personal Instalment Loan requires applicants to have a monthly income of at least HK$5,000 while Citibank requires loan applicants to have a monthly income of at least HK$6,000.

Is it better to get a loan from a bank?

Banks usually offer a lower interest rate but it also comes with stricter requirements e.g. require more supporting documents and a good credit score.

What is the disadvantage of a loan?

The answer depends on your situation. If you have an urgent need for some extra cash and don’t have any assets, but own a credit card, then a personal loan is recommended. This is because withdrawing cash from your credit card is far more expensive than the interest rate of a personal loan. But it is important not to borrow money if you can’t afford it and you must not over-borrow because you may end up spending it unwisely.