Hang Seng Debt Consolidation Instalment Loan
Loan Details
- The promotion period commences on 25 March 2023 and expires on 24 June 2023, both dates inclusive (the “Promotion Period”).
- Up to HKD 26,000 cash rebate for mobile or online application
- i. During the Promotion Period, new customers (not applicable to existing customer of Hang Seng Personal Loan account(s)(including Handy Cash Personal Instalment Loan, Tax Comforter Loan, Debt Consolidation Instalment Loan and Handy Cash Personal Revolving Loan) and Unsecured Overdraft Facility at the time of application) who have successfully applied for and drawn down the Loan with loan amount HK$200,000 or above and a minimum repayment period of 24 months will be entitled to the cash rebate offer. The cash rebate amount is calculated based on the loan amount used for settlement of credit card and/or personal instalment loan outstanding amount owed to the third party(ies) (“Outstanding Amount Owed to the Third Party(ies)”) and/or extra cash out amount (collectively referred to as "Total Eligible Loan Amount"). Cash rebate offer is not applicable to the loan amount used for settlement of Hang Seng credit card and/or personal instalment loan outstanding amount (“Outstanding Amount Owed to Hang Seng”). Customer can enjoy HK$200 cash rebate for each HK$20,000 of Total Eligible Loan Amount, and so on, with total cash rebate up to HK$25,000(cash rebate will be rounded down to the nearest hundred dollar).
- ii. During the Promotion Period, new customers (not applicable to existing customer of Hang Seng Debt Consolidation Instalment Loan account at the time of application) who have successfully applied for the Loan via Hang Seng Bank Website, Hang Seng Personal e-Banking or Hang Seng Mobile Application and drawn down the Loan with a designated draw down amount and a minimum repayment period of 12 months will be entitled to up to HK$1,000 cash rebate.
- The cash rebate of clauses i and/or ii above (if applicable) will be credited to eligible customer’s repayment account by 30 September 2023 without prior notice. To be eligible for the relevant cash rebate, customers must have no record of default and early settlement or cancellation of the Loan before the cash rebate is credited. If customers settle or cancel the Loan ahead of schedule where the cash rebate has been credited, he/she shall return the cash rebate in full to Hang Seng Bank Limited (“Hang Seng”) upon settlement or cancellation of the Loan. Each eligible customer could enjoy the offer in clauses i and/or ii once only in the Promotion Period.
- Loan amount of up to 21 times of your monthly salary
- Enjoy extra cash up to 8 times of your monthly salary on hand
- Repayment periods up to 72 months
- Save interest expenses with personalised interest rate
- Manage your outstanding debts easily by integrating all your borrowings to clear debs at ease
- Only the latest month's income proof is required, people from all sectors are welcome to apply.
- Above information is for reference only. Terms and Conditions apply. Please refer to Hang Seng Bank website for the loan details.
- To borrow or not to borrow? Borrow only if you can repay!
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.