Compare China Construction Bank Banks Loans Rates and APR 2020

Key Features

• Monthly flat rate as low as 0.18%
• Loan amount up to HK$1,200,000 or 12 times of monthly salary (whichever is lower)
• Flexible repayment tenor up to 60 months
• Handling fee waiver
• The Annualized Percentage Rate (“APR”) is 3.08% (with HKD4,000 cash rebate) or 4.04% (without cash rebate). The APR of 3.08% or 4.04%, is calculated based on the monthly flat rate of 0.18% with loan amount of HKD800,000 and the repayment tenor of 12 months; APR of 4.89% (with HKD4,000 cash rebate) or 5.11% (without cash rebate) for loan tenor of 60 months, is calculated based on the monthly flat rate of 0.22%. 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.
• To borrow or not to borrow? Borrow only if you can repay