4.8%

APR*

^HK$102,484

Total Amount Payable

^HK$2,484

Total Interest Payable

All Details

Promotions

・Submit all required documents within three days of loan applications can enjoy a 10% discount on monthly flat rate
・Successfully drawdown the loan and activate the Online Banking/Mobile Banking to enjoy the extra HK$100 Cash Rebate

• Promotion Period is from 1 July to 30 Sep 2021

• Key Features

  • Loan amount up to HKD1,200,000 or 21 times of your monthly salary, whichever is lower.

  • Submit all required documents within three days of loan applications can enjoy a 10% discount on monthly flat rate

  • Handling fee waiver

  • Repayment term up to 84 months

  • Successfully drawdown the loan and activate the Online Banking/Mobile Banking to enjoy the extra HK$100 Cash Rebate

  • The APR is calculated according to the standard of Hong Kong Association of Banks and rounded to two decimal places. An APR is a reference rate which includes the basic interest rates and other applicable fees and charges of the product expressed as an annualized rate. Interest is charged daily and calculated on the basis of 365 days per year. The interest rate offer above is only available for selected customers who apply for Personal Installment Loan.

  • The actual APR may vary for individual customer and the final interest rate will be subject to credit condition of the customer, please contact the staff of the Bank for details. The Bank reserves the right of final decision on the interest rate and approval result.

  • Terms and conditions apply.

  • Reminder: To borrow or not to borrow? Borrow only if you can repay

• Repayment Summary

  Principal Loan Amount	HK$100,000
  Total Interest Payable	HK$2,484
  Monthly Payment	HK$8,540
  Total Amount Payable	HK$102,484
  Handling Fee	HK$0
  Annual Percentage Rate	4.8%
  Monthly Interest Rate	0.207%
  Loan Tenure	12 Months

Fees & Charges

Late Payment Fee	HK$500 per month if the monthly repayment amount is not paid in full when due
Early Settlement Fee	1.5% per annum on the total loan amount for the remaining loan tenor (rounded up to a yearly basis)

Eligibility

Age Requirement	aged 18 or above
Residency Status	Hong Kong Resident
Employment Status	Be employed for at least 6 months at the current job

Loan Features

Processing Fee Waiver