1.98%

APR*

^HK$101,065.60

Total Amount Payable

^HK$1,065.60

Total Interest Payable

All Details

• Key Features

  • Annualised percentage rate as low as 1.59%

  • Early Bird $200 Cash Rebate Offer（Customers should apply via e-channels (BOCHK website, internet banking, mobile banking app, “BOCHK”WeChat official account) within the Early Bird Offer Promotion Period and drawdown on or before 31 December 2020 with a specific loan amount of HK$50,000 or above (with repayment tenor of 12 months or above)）

  • Companion Reward $400 Cash Rebate（Customer is required to line up companion. Both customers should apply “iSmart” via e-channels within Companion Promotion Period and drawdown with a specific loan amount of HK$ 50,000 or above (Repayment tenor of 12 months or above).）

• Repayment Summary

  Principal Loan Amount	HK$100,000
  Total Interest Payable	HK$1,065.60
  Monthly Payment	HK$8,422
  Total Amount Payable	HK$101,065.60
  Handling Fee	HK$0
  Annual Percentage Rate	1.98%
  Monthly Interest Rate	0.0888%
  Loan Tenure	12 Months

Fees & Charges

Handling Fee	0
Late Payment Fee	HK$500 per instalment
Early Settlement Fee	Early Settlement Fee = Administration Fee + Additional Interest, which will be charged when you fully repay the loan. Administration Fee: 1% of the drawdown amount Additional Interest: additional 1 month interest - Apart from current month’s instalment interest, next month’s instalment interest will be charged if early settlement is made on an instalment repayment date - Interests of the next two monthly instalments will be charged if early settlement is not made on an instalment repayment date

Eligibility

Age Requirement	18 years old or above
Residency Status	Hong Kong Resident
Employment Status	Employed in Hong Kong and monthly salary not less than HK$10,000