- 1.93%
- APR*
- HK$101,200
- Total Amount Payable
- HK$1,200
- Total Interest Payable
All Details
* For a loan amount of HKD$1,000,000 or above, the Annualised Percentage Rate of 1.35% is calculated based on a monthly flat rate of 0.07% and a 12-month repayment period (including the full handling fee waiver and First-month Payment Holiday, Annualised Percentage Rate without Payment Holiday is at 1.56%). The interest rate and the full handling fee waiver are applicable on a case-by-case basis and the final approved interest rate and payable handling fee are subject to the loan amount and credit assessment result.
| Principal Loan Amount | HK$100,000 |
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| Total Interest Payable | HK$1,200 |
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| Monthly Payment | HK$8,433 |
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| Total Amount Payable | HK$101,200 |
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| Handling Fee | HK$0 |
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| Annual Percentage Rate | 1.93% |
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| Monthly Interest Rate | 0.1% |
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| Loan Tenure | 12 Months |
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| Handling Fee | Handling fee waiver can be granted^
^If customer's loan application cannot meet our approval requirements, Hang Seng Bank Limited may approve a loan to individual customers on a case-by-case basis but the interest rate and handling fee offered may be adjusted. |
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| Late Payment Fee | HKD300 per instalment |
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| Early Settlement Fee | (a) next month’s instalment amount (less the portion for repayment of the principal) plus (b) 2% of the outstanding principal, subject to a minimum of HKD300; plus repayment of any applicable promotional offers |
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| Age Requirement | Applicant must be aged 18 or above |
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| Residency Status | Applicant must be a Hong Kong resident |
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| Employment Status | Applicant must be a Hong Kong resident aged 18 or above in full-time employment and minimum monthly income is HKD11,000. Hang Seng Bank Limited reserves the right to request additional income proof if required. |
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