Revolving Instalment Loan lets you be eligible for the proper of redrawing the total amount that will be less compared to loan principal repaid. You’re not needed to re-submit application documents. The entire procedure is simple and easy fast, which provide you with money instantly.
You should not re-apply and will redraw the repaid principal immediately
Loan quantity is often as high as $800,000
Repayment tenor is as long as 48 months
Loan drawdown technique
Straight credit to consumer’s designated banking account.
Merely phone our Redraw Loan Centre at 2520 2929 to redraw money!
Consumer may also decide to deliver us answer Form For Redrawing Revolving Instalment Loan by fax at 2834 2266.
OCBC Wing Hang Credit Limited (“Company”) could be the wholly-owned subsidiary of OCBC Wing Hang Bank Limited. The organization could be the entity which processes the use of Revolving Instalment Loan and offers related loan solutions. Customer can submit application through the branches regarding the business and OCBC Wing Hang Bank Limited. To enquire the relevant conditions and terms, please contact the employees for the business.
1. Annualized portion rate(“APR”) is a guide price which include the fundamental rates of interest as well as other costs and costs of the product expressed as an annualized price. APR is determined in line with the technique lay out when you look at the guidelines that are relevant the Code of Banking Practice released by the Hong Kong Association of Banks whilst the foundation. The APR happens to be corrected to 2 decimal places by having a fee that is handling of% per year included. The loan managing cost will be compensated in complete upon loan drawdown. Applicable to the above mentioned APR and loan quantity, the median loan quantity is HK$800,000, HK$650,000, HK$400,000, HK$250,000, HK$150,000 and HK$75,000 correspondingly. The attention price is determined centered on 365 times each year. Example is for guide just. The APR may vary with various loan quantities and tenors. For details, please contact our staff.
Client should have possessed a Revolving Instalment Loan take into account at the very least three months together with compensated at the least 3 instalments, and with no record that is overdue in breach associated with conditions and terms of this plan to become eligible for just the right of redrawing the quantity that is no more as compared to loan principal repaid. The minimum redrawn amount is HK$3,000 everytime. OCBC Wing Hang Credit Limited (“the Company”) reserves the ultimate straight to the approval associated with the application for the loan therefore the loan quantity awarded.
Customers who’re entitled utilizing the offer of Revolving Instalment Loan (the “Offer”) in addition to marketing are bound by the conditions and terms with this system, relevant loan UT installment loan application and loan papers. The organization is a subsidiary that is wholly-owned of Wing Hang Bank Limited (“OCBC Wing Hang Bank”). The business handles the effective use of revolving instalment loan and supply this loan and related loan solutions. Users can submit the applying towards the ongoing company therefore the branches of OCBC Wing Hang Bank. The staff of the Company for details, please contact.
Please contact the employees associated with the ongoing company for details and enquiries of associated stipulations and costs details. Loan quantity, rate of interest, month-to-month repayment amount and payment tenor relevant to applicant that is individual differ and it is in line with the last approval status associated with business, please contact the employees associated with the business for details and enquiries. The organization reserves the best to amend, expand, end or cancel the Promotion and amend the conditions and terms at any right time without previous notice. The decision of the Company shall be final and conclusive in case of any dispute. The organization reserves most of the final choice on determining the attention prices, amending the stipulations in respect regarding the Loan, and approving the mortgage application. Guide are going to be designed to the customer’s credit history while the Company reserves the proper to reject the mortgage application without specifying any known reasons for its choice and interpretation,which will be final, conclusive and binding on all.
The English variation shall prevail if you have any inconsistency between your English and Chinese versions.
For details or enquiries concerning the relevant terms and conditions, please contact us.
Before you make demand for very very early repayment for Instalment loan, please relate to “FAQ” of the site.