- 1.68%
- APR*
- HK$100,960
- Total Amount Payable
- HK$960
- Total Interest Payable
All Details
With WeLab Bank’s exclusive "Loan Masters", we can base on your basic requirement on personal loan, provide personalized solutions out of hundreds of thousands of combinations, then provide you with 3 flexible plans:
The APR only applicable to the designated loan amounts and tenor and are for reference only. The final approved APR subject to the Bank's assessment and confirmation. For HKD1,000,000 loan amount and 24-month loan tenor, the applicable APR (inclusive of HKD8,300 cash rebate) is 0.88% and that excluding cash rebate is 1.68%. The APR is calculated according to the guidelines issued in respect of the Code of Banking Practice and rounded to the nearest two decimal places and may vary for individual customers. Customers should refer to the loan confirmation letters for the relevant information and such information shall prevail.
Principal Loan Amount | HK$100,000 |
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Total Interest Payable | HK$960 |
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Monthly Payment | HK$8,413 |
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Total Amount Payable | HK$100,960 |
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Handling Fee | HK$0 |
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Annual Percentage Rate | 1.68% |
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Monthly Interest Rate | 0.08% |
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Loan Tenure | 12 Months |
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Late Payment Fee | 30% of the overdue monthly repayment amount or HKD350, whichever is lower. |
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Early Settlement Fee | 2% of the outstanding principal amount |
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Age Requirement | 18 years old or above |
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Residency Status | Hong Kong Resident |
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Employment Status | A minimum monthly income of HKD 10,000 |
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