- 1.8%
- APR*
- HK$108,400
- Total Amount Payable
- HK$8,400
- Total Interest Payable
All Details
Instant Loan is available at the touch of a button in your Mox app with no extra documents required, so you can apply 24/7, you can calculate the actual annual interest rate, monthly payment, and total repayment amount in real time on the Mox App according to the repayment period you set. Ultra-transparent, no hidden charges
Instant Loan：You can calculate the actual annual interest rate, enjoy a flexible repayment period between 3 - 60 months (Your eligibility to the maximum repayment period of 60 months depends on the Instant Loan amount you input and the status of your Mox Credit, and is subject to Mox’s final decision on a case-by-case basis. You could check your maximum repayment period in the Mox app when you apply for an Instant Loan.)
^For an Instant Loan on a Mox Credit transaction of above HK$900,000 into 12 monthly instalments, the Annualised Percentage Rate (APR) is as low as 1.8%. The APR is calculated using methods specified in relevant guidelines as set out in the Code of Banking Practice. The APR is a reference rate, which includes all applicable interest rates, fees and charges of the product, expressed as an annualised rate. The APR for an Instant Loan is subject to Mox’s final decision on a case-by-case basis and the Mox Credit account status at the time Mox receives the Instant Loan application. For more details, please refer to Instant Loan Key Facts Statement and Schedule 3 to the General Terms and Conditions on Mox website for details.
For an Instant Loan on a Mox Credit transaction of HKD950,000 spilt into 12 monthly instalments, the Annualised Percentage Rate (APR) is as low as 1.8% (which excludes the cash reward of HKD8,888 which will be credited to your Mox Account on or before 31 October 2024), the total repayment amount is HKD959,234.00.
| Principal Loan Amount | HK$100,000 |
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| Total Interest Payable | HK$8,400 |
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| Monthly Payment | HK$4,517 |
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| Total Amount Payable | HK$108,400 |
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| Handling Fee | HK$0 |
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| Annual Percentage Rate | 8.16% |
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| Monthly Interest Rate | 0.35% |
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| Loan Tenure | 24 Months |
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| Late Payment Fee | HK$0.00 |
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| Early Settlement Fee | 2% of the aggregate monthly principal repayment amount(s) of your Instant Loan outstanding |
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| Age Requirement | 18 years old or above |
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| Residency Status | Hong Kong Resident |
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