Preferential interest levels
An annualised portion price (APR) of just one% p.a.
Preferential interest for 100% Personal Loan Guarantee Scheme
Month-to-month payment quantity for virtually any HKD10,000 lent (predicated on that loan tenor of 72 months and APR of just one%)
When it comes to first one year: HKD4.9
Through the 13th thirty days onwards: HKD171.6
Preferential rate of interest for 100% Personal Loan Guarantee Scheme
Month-to-month payment quantity for every single HKD10,000 lent (according to that loan tenor of 72 months and APR of just one%)
The monthly repayment amount and the Annualised Percentage Rate (APR) are calculated based on 72-month repayment period and loan amount of every 10,000 as an illustration. The month-to-month payment quantity is curved as much as 1 place that is decimal. The APR is determined making use of technique specified in appropriate tips iued by The Hong Kong Aociation of Banking institutions, and it is curved up or down seriously to the nearest 2 decimal places. An APR is really a guide price, which include all relevant rates of interest, costs and fees associated with product, expreed as an annualised price. Please be aware that the specific month-to-month payment quantity may vary. Clients can reference the mortgage confirmation page for real information that is related.
Optimum loan quantity is 6 times the common monthly earnings for any three months from January 2020 to February 2021, or 6 times the common monthly aeable income as calculated with regards to the income income tax demand note when it comes to economic 12 months 2019-2020, or HKD80,000, whichever is gloomier
Get a rebate that is full the premium interest once the mortgage happens to be settled in complete
How exactly to use
To try to get financing beneath the 100% Personal Loan Guarantee Scheme, you need to:
Automobile payroll customers
Non-auto payroll clients
1. HKID card
A duplicate of one’s HKID card showing that you have got permanent residency status.
2. Evidence of your latest residential addre