Compare Banks Loans Rates and APR 2024

Compare bank loans in Hong Kong with the lowest interest rates. Find out your personalized loan amount, APR, and repayment period. Read More
200,000 personal loan Paid over 24 months
HK$
We found 24 Personal Loans for you!
DBS logo

Monthly Payment

HK$8,713

Monthly Payment
MoneySmart Exclusive
Loan amount up to HK$2,000,000
APR*
6.49%
Total Amount Payable
HK$209,120
Total Interest Payable
HK$9,120
Monthly Payment
HK$8,713

【Earn 8,000 SmartPoints Regardless of Approval!】
From now until 31 March 2024, apply for DBS Debt Consolidation Loan via MoneySmart and submit the required documents, you can earn an extra 8,000 SmartPoints (equivalent to HK$800) regardless of approval! But that's not all - SmartPoints can be freely exchanged for cash vouchers from 20+ brands or converted into HK$533 cash! Click here to learn more.



👑Rewards Peaking: Up to HK$32,599!Take a step to building your wealth by consolidating your debts today! 
During Flash Sales (18-31 March 2024), both new and existing customers who successfully apply and drawdown DBS Debt Consolidation Loan via MoneySmart can get up to HK$18,800 rewards. But that's not ALL! Customers could also get an extra MoneySmart exclusive reward: up to HK$10,500 cash vouchers or The New iMac 24-in. (M3) or iPhone 15 256GB or iPad Pro 11-in. (4th generation) Wi-Fi 128 GB! With the DBS coupon and Application Bonus, the total rewards can be elevated up to HK$32,599!

Valid until 31 Mar 2024 - See more details below
Apply Now
Citibank logo

Monthly Payment

HK$8,493

Monthly Payment
MoneySmart Exclusive
Guaranteed application reward HK$800
APR*
1.78%
Total Amount Payable
HK$203,840
Total Interest Payable
HK$3,840
Monthly Payment
HK$8,493

【Citi Tax Season Loan rewards you with rewards as high as $15,880!】
New customer who successfully apply for Citi Tax Season Loan/Citi Card Debt Consolidation Loan on or before 31 March 2024 and successfully draw down on or before 30 April 2024 would be eligible for MoneySmart exclusive gift  up to HK$7,500 Apple Store Gift Card/ PARKnSHOP supermarket vouchers!
Popular physical gift options include Dyson Purifier Big+Quiet Formaldehyde BP03 (retail value HK$7,880) / Apple iPad Pro 11-inch (128GB) (retail value:HK$6,499)MITSUBISHIMJ-E100AR-H 18L Dehumidifier (retail value: HK$4,700) / Apple Watch Series 9 (GPS) - 45mm (retail value: HK$3,399) / JBL Link 20 Voice-activated portable speaker (retail value: HK$1,699)



【Last Chance! Apply for Tax Loan at the Beginning of the Year of Loong! 🐲】Earn with Your Tax Loan Application. From now until 31 March, apply forCiti Tax Season Loan via MoneySmart, you can earn the application bonus of HK$800 vouchers (given out as 8,000 SmartPoints) regardless of approval! But that's not all - SmartPoints can be freely exchanged for cash vouchers from 20+ brands or converted into HK$533 cash! Click here to learn more.

Valid until 31 Mar 2024 - See more details below
Apply Now
DBS logo

Monthly Payment

HK$8,673

Monthly Payment
MoneySmart Exclusive
Instant cash out single-handedly
APR as low as*
2.2%
Total Amount Payable
HK$208,160
Total Interest Payable
HK$8,160
Monthly Payment
HK$8,673

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



【Last Chance! Apply for Tax Loan at the Beginning of the Year of Loong! 🐲】Earn with Your Tax Loan Application.
From now until 31 March, apply for DBS Personal Instalment Loan (Available for Tax Season) via MoneySmart and submit the required documents, you can earn the application bonus of HK$800 vouchers (given out as 8,000 SmartPoints) regardless of approval! But that's not all - SmartPoints can be freely exchanged for cash vouchers from 20+ brands or converted into HK$533 cash! Click here to learn more.

Valid until 31 Mar 2024 - See more details below
Apply Now
Standard Chartered logo

Monthly Payment

HK$8,873

Monthly Payment
MoneySmart Exclusive
Guaranteed application reward HK$800
APR*
6.28%
Total Amount Payable
HK$212,960
Total Interest Payable
HK$12,960
Monthly Payment
HK$8,873

【MoneySmart Exclusive Offer 】- Get total reward up to HK$17,898! From now on until 31 March 2024, customers successfully apply for loan via MoneySmart and draw down the designated loan amount could enjoy up to SAMSUNG Galaxy S24 Ultra Smartphone (retail price $9,898) or HK$7,800 PARKnSHOP supermarket voucher or HK$7,800 Apple Store Gift Card.

Enjoy SC bank welcome offer up to HK$8,000 cash rebate, total rewards up to HK$17,898! Online loan application can enter lucky draw of 2 Europe Business Round trip AirTickets! (worth 336,000 Miles^)Total - 6 winners!



【Last Chance! Apply for Tax Loan at the Beginning of the Year of Loong! 🐲】Earn with Your Tax Loan Application. From now until 31 March, apply for Standard Chartered Personal Instalment Loan - Tax Season Loan via MoneySmart, you can earn the application bonus of HK$800 vouchers (given out as 8,000 SmartPoints) regardless of approval! But that's not all - SmartPoints can be freely exchanged for cash vouchers from 20+ brands or converted into HK$533 cash! Click here to learn more.

Valid until 31 Mar 2024 - See more details below
Apply Now
China CITIC Bank International logo

Monthly Payment

HK$8,564

Monthly Payment
MoneySmart Exclusive
Guaranteed application reward HK$800
APR*
2.72%
Total Amount Payable
HK$201,536
Total Interest Payable
HK$1,536
Monthly Payment
HK$8,564

【CITIC Bank x MoneySmart Exclusive Offer 】- Get total reward up to HK$4,599!
Customers successfully apply for CNCBI $mart Plus Tax Season Loan / CNCBI $mart Plus Personal Instalment Loan - Debt Consolidate via MoneySmart and draw down the designated loan amount could enjoy up to HK$4,000 Apple Store Gift Card / PARKnSHOP Supermarket Voucher/ SHKP Malls Gift Card ! New gift options include but not limited to AirPods Max / Apple HomePod/ JBL Charge 5 Wireless Speaker/ Bose QuietComfort Headphones!



【Last Chance! Apply for Tax Loan at the Beginning of the Year of Loong! 🐲】Earn with Your Tax Loan Application. From now until 31 March, apply for CNCBI $mart Plus Tax Season Loan via MoneySmart, you can earn the application bonus of HK$800 vouchers (given out as 8,000 SmartPoints) regardless of approval! But that's not all - SmartPoints can be freely exchanged for cash vouchers from 20+ brands or converted into HK$533 cash! Clickhereto learn more.

Valid until 31 Mar 2024 - See more details below
Apply Now
Standard Chartered logo

Monthly Payment

HK$8,736

Monthly Payment
MoneySmart Exclusive
Guaranteed application reward HK$800
APR*
4.67%
Total Amount Payable
HK$209,672
Total Interest Payable
HK$9,672
Monthly Payment
HK$8,736

【MoneySmart Exclusive Offer 】- Get total reward up to HK$30,898! Get loan to enjoy a monthly flat rate as low as 0.2%^
From now on until 31 March 2024, customers successfully apply for loan via MoneySmart and draw down the designated loan amount could enjoy up to a SAMSUNG Galaxy S24 Ultra Smartphone (retail price $9,898)orHK$7,800 PARKnSHOP supermarket voucher or HK$7,800 Apple Store Gift Card.

Enjoy SC bank welcome offer up to HK$21,000 cash rebate, total rewards up to HK$30,898! Online loan application can enter lucky draw of 2 Europe Business Round Trip AirTickets! (worth 336,000 Miles^)Total - 6 winners!



【Last Chance! Apply for Tax Loan at the Beginning of the Year of Loong! 🐲】Earn with Your Tax Loan Application. From now until 31 March, apply for Standard Chartered Personal Instalment Loan - Tax Season Loan  via MoneySmart, you can earn the application bonus of HK$800 vouchers (given out as 8,000 SmartPoints) regardless of approval! But that's not all - SmartPoints can be freely exchanged for cash vouchers from 20+ brands or converted into HK$533 cash! Click here to learn more.

Valid until 31 Mar 2024 - See more details below
Apply Now
Citibank logo

Monthly Payment

HK$8,713

Monthly Payment
MoneySmart Exclusive
APR*
6.78%
Total Amount Payable
HK$209,120
Total Interest Payable
HK$9,120
Monthly Payment
HK$8,713

【Citi Loan rewards you with rewards as high as $15,880!】
New customer who successfully apply for Citi Tax Season Loan/Citi Card Debt Consolidation Loan on or before 31 March 2024 and successfully draw down on or before 30 April 2024 would be eligible for MoneySmart exclusive gift up to HK$7,500 Apple Store Gift Card/ PARKnSHOP supermarket vouchers!
Popular physical gift options include Dyson Purifier Big+Quiet Formaldehyde BP03 (retail value HK$7,880) / Apple iPad Pro 11-inch (128GB) (retail value:HK$6,499) MITSUBISHI MJ-E100AR-H 18L Dehumidifier (retail value: HK$4,700) / Apple Watch Series 9 (GPS) - 45mm (retail value: HK$3,399) / JBL Link 20 Voice-activated portable speaker (retail value: HK$1,699)

Valid until 31 Mar 2024 - See more details below
Apply Now
Fubon Bank logo

Monthly Payment

HK$9,229

Monthly Payment
MoneySmart Exclusive
APR* (Calculation is based on loan amount of HK$180,000 or above)
2.88%
Total Amount Payable
HK$221,504
Total Interest Payable
HK$21,504
Monthly Payment
HK$9,229

【MoneySmart Exclusive Offer - Total rewards up to HK$3,800!
From now til 31 March 2024, customers apply Fubon "EZ Cash" Personal Loan via MoneySmart with exclusive promotional code:「MSRL10」 and successfully draw down the loan of HK$80,000 or above with tenor 12 months or above, can enjoy exclusive reward: HK$1,500 Apple Store Gift Card / HK$1,500 Supermarket Voucher. Apply and draw down the loan via online platform to get extra supermarket cash coupon of up to HK$2,300. Total rewards up to HK$3,800 !

Valid until 31 Mar 2024 - See more details below
Apply Now
Fubon Bank logo

Monthly Payment

HK$8,547

Monthly Payment
MoneySmart Exclusive
Fixed rate for privileged customers
APR as low as*
2.38%
Total Amount Payable
HK$205,126.40
Total Interest Payable
HK$5,126.40
Monthly Payment
HK$8,547

【MoneySmart Exclusive Offer -  Total rewards up to $10,880!】
From now until 31 March 2024, customers apply Fubon Perfect Fit Personal Loan with exclusive promotional code:「MSRL10」 and successfully draw down the loan can enjoy a MoneySmart exclusive reward as high as a Dyson Purifier Hot+Cool™ (retail value: HK$5,780) /HK$5,500 Apple Store Gift Card / HK$5,500 ParknShop vouchers. Total reward up to HK$10,880!

Valid until 31 Mar 2024 - See more details below
Apply Now
HSBC logo

Monthly Payment

HK$9,113

Monthly Payment
APR
1.88%*
Total Amount Payable
HK$218,720
Total Interest Payable
HK$18,720
Monthly Payment
HK$9,113
Read More
Fubon Bank logo

Monthly Payment

HK$9,137

Monthly Payment
MoneySmart Exclusive
Fixed rate for privileged customers
APR as low as*
3.88%
Total Amount Payable
HK$219,286.40
Total Interest Payable
HK$19,286.40
Monthly Payment
HK$9,137

【MoneySmart Exclusive Offer - Total rewards up to $24,080!】
From now until 31 March 2024, customers apply Fubon Balance Transfer Personal Loan exclusive promotional code:**「MSRL10」**and successfully draw down the loan, can enjoy a MoneySmart exclusive reward as high as Dyson Purifier Hot+Cool™ (retail value: HK$5,780) / HK$5,500 Apple Store Gift Card / HK$5,500 ParknShop vouchers. Total reward up to HK$24,080!

Valid until 31 Mar 2024 - See more details below
Apply Now
WeLab Bank logo

Monthly Payment

HK$8,693

Monthly Payment
MoneySmart Exclusive
APR*
4.11%
Total Amount Payable
HK$208,640
Total Interest Payable
HK$8,640
Monthly Payment
HK$8,693

[Mar Loan Promotion - Real Cash!]
From now on till 31 March 2024, 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 80,000 SmartPoints, you can customise your PERFECT REWARDS worth of HK$8,000 with 20+ brand vouchers and products (Brands include but not limit to Apple, Klook, YATA etc) 80,000 SmartPoints can be converted into over HK$5,300 cash and credited to your FPS account directly! (T&C apply)



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$21,888 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 31 Mar 2024 - See more details below
Apply Now
Hang Seng Bank logo

Monthly Payment

HK$8,733

Monthly Payment
APR*
6.68%
Total Amount Payable
HK$209,600
Total Interest Payable
HK$9,600
Monthly Payment
HK$8,733
Read More
Bank of China logo

Monthly Payment

HK$9,173

Monthly Payment
Up to HK$23,988 Cash Rebate
APR*
10.01%
Total Amount Payable
HK$216,152
Total Interest Payable
HK$16,152
Monthly Payment
HK$9,173
Read More
China Construction Bank(Asia) logo

Monthly Payment

HK$8,933

Monthly Payment
Loan amount up to HK$3,000,000
APR as low as*
1.85%
Total Amount Payable
HK$214,400
Total Interest Payable
HK$14,400
Monthly Payment
HK$8,933
Read More
Bank of China logo

Monthly Payment

HK$8,778

Monthly Payment
APR as low as 1.78%*
APR*
1.78%
Total Amount Payable
HK$210,670.40
Total Interest Payable
HK$10,670.40
Monthly Payment
HK$8,778
Read More
Airstar Bank logo

Monthly Payment

HK$8,593

Monthly Payment
APR*
2.99%
Total Amount Payable
HK$206,240
Total Interest Payable
HK$6,240
Monthly Payment
HK$8,593
Read More
Airstar Bank logo

Monthly Payment

HK$8,593

Monthly Payment
APR*
1.58%
Total Amount Payable
HK$206,240
Total Interest Payable
HK$6,240
Monthly Payment
HK$8,593
Read More
Dah Sing Bank logo

Monthly Payment

HK$8,742

Monthly Payment
Monthly flat rate as low as 0.11%
APR
4.83%
Total Amount Payable
HK$205,280
Total Interest Payable
HK$5,396.16
Monthly Payment
HK$8,742
Read More
Dah Sing Bank logo

Monthly Payment

HK$8,663

Monthly Payment
Loan disbursement in as quick as 15 minutes
APR (include cash rebate)
2.75%
Total Amount Payable
HK$207,920
Total Interest Payable
HK$7,920
Monthly Payment
HK$8,663
Read More

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.