Revolving Instalment Loan allows you to be eligible for just the right of redrawing the total amount that will be no more as compared to loan principal repaid. You’re not expected to re-submit application papers. The entire process is simple and easy fast, which provide you with cash immediately.
You don’t need to re-apply and will redraw the repaid principal immediately
Loan quantity is as high as $800,000
Repayment tenor is as long as 48 months
Loan drawdown technique
Straight credit to client’s designated banking account.
Just phone our Redraw Loan Centre at 2520 2929 to redraw cash!
Client also can decide to deliver us answer Form For Redrawing Revolving Instalment Loan by fax at 2834 2266.
OCBC Wing Hang Credit Limited (“Company”) may be the subsidiary that is wholly-owned of Wing Hang Bank Limited. The business may be the entity which processes the effective use of Revolving Instalment Loan and offers relevant loan solutions. Customer can submit application through the branches associated with ongoing company and OCBC Wing Hang Bank Limited. To find out more the appropriate stipulations, please contact the employees for the Company.
1. Annualized portion rate(“APR”) is really a guide price including the interest that is basic as well as other costs and fees of a product expressed as an annualized price. APR is calculated in accordance with the technique lay out within the guidelines that are relevant the Code of Banking Practice given 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 in to the above 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 according to 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.
Consumer will need to have had a Revolving Instalment Loan account fully for at the very least a couple of months together with paid at the least 3 instalments, and with no overdue record or in breach associated with conditions and terms for the plan to become eligible to the best of redrawing the total amount that will be no more compared to the loan principal repaid. The minimum redrawn amount is HK$3,000 each and every time. OCBC Wing Hang Credit Limited (“the Company”) reserves the last straight to the approval associated with the application for the loan while the loan amount issued.
Clients who will be entitled utilizing the offer of Revolving Instalment Loan (the “Offer”) together with marketing are bound by the conditions and terms with this system, associated loan application and loan documents. The organization is a wholly-owned subsidiary of ocbc Wing Hang Bank Limited (“OCBC Wing Hang Bank”). The organization handles the effective use of revolving instalment loan and supply this loan and loan that is related. Users can submit the application form into the ongoing company as well as the branches of OCBC Wing Hang Bank. For details, please contact the staff regarding the business.
Please contact the employees for the business for details and enquiries of relevant stipulations and fees details. Loan quantity, rate of interest, month-to-month repayment amount and payment tenor relevant to applicant that is individual be varied and it is in line with the last approval status of this business, please contact the employees regarding the Company for details and enquiries. The organization reserves the proper to amend, expand, end or cancel the marketing and amend the conditions and terms at any right time without previous notice. In the event of any dispute, your decision associated with the business shall be last and conclusive. The organization reserves most of the decision that is final determining the attention rates, amending the conditions and terms in respect regarding the Loan, and approving the mortgage application. Guide will likely be designed to the customer’s credit history therefore the Company reserves the proper to reject the mortgage application without specifying any good reasons for its choice and interpretation,which will be last, 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 associated terms and conditions, please contact us.
Before making demand for very early payment for Instalment loan, please refer to “FAQ” for this web site.