Low Interest Rate Loan in HK 2023
Looking for personal loans with low interest rate? Check out the best low interest rate loan below and FAQs before getting a loan.

What is a low interest rate loan?
A low interest rate loan only focuses on interest rate alone, but handling and administrative fees are not taken into account. To make an informed decision, loan borrowers are recommended to compare the Annual Percentage Rates (APR) of personal instalment loans when choosing the best personal loan.
What is Annual Percentage Rate (APR)?
APR reflects all expenses of your loans including interest rate, admin fees, handling fees etc. If you only consider the monthly flat rate when comparing the personal loan that you would like to apply for, you may be surprised by the hidden charges.
Best Low Interest Rate Loans in HK
DBS Personal Instalment Loan
- APR as low as*
- 2.2%
- Total Amount Payable
- HK$312,960
- Total Interest Payable
- HK$12,960
- Monthly Payment
- HK$13,040
New customers who successfully apply and drawdown DBS Personal Instalment Loan via MoneySmart can get up to HK$8,000 rewards + Extra up to HK$10,000 PARKnSHOP Supermarket Voucher/ Apple Store Gift Card! Get up to a total HK$18,000 reward! APR is as low as 2.2%!

WeLend Personal Loan
- The lowest APR
- 1.88%
- Total Amount Payable
- HK$308,640
- Total Interest Payable
- HK$8,640
- Monthly Payment
- HK$12,860
PrimeCredit Fixed Loan
- APR*
- 1.18%
- Total Amount Payable
- HK$303,600
- Total Interest Payable
- HK$3,600
- Monthly Payment
- HK$12,650

Find out more aboutPersonal Loan
Frequently Asked Questions on Loan with Low Interest Rate
Should I choose a personal instalment loan with the lowest monthly interest rate?
- Monthly interest rate should not be the only criterion when it comes to choosing personal instalment loan. You also need to take handling fees into consideration so MoneySmart suggests that borrowers should compare the Annual Percentage Rates (APR) of personal instalment loans instead.
How to calculate monthly interest of personal loan?
- To calculate monthly interest, you need to know the total loan amount, monthly flat rate and repayment period of the loan plan.
What should I consider before applying for a personal instalment loan?
- It is important to understand your financial situation and repayment ability before taking out a loan. It is important not to apply for a loan from a financial institution with a bad reputation. You can read more tips about getting a personal loan on MoneySmart.