Revolving Instalment Loan. You don’t need to re-submit the documents Redraw cash when
Revolving Instalment Loan allows you to be eligible for the best of redrawing the total amount that is no more compared to the loan principal repaid. You’re not necessary to re-submit application papers. The process that is whole simple and easy fast, which provide you with money immediately.
You don’t need to re-apply and certainly will redraw the repaid principal immediately
Loan amount is as high as $800,000
Repayment tenor is as long as 48 months
Speed Table
Loan drawdown method
Straight credit to client’s designated banking account.
Merely phone our Redraw Loan Centre at 2520 2929 to redraw money!
Consumer also can elect to deliver us Reply 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 effective use of Revolving Instalment Loan and offers loan that is related. Customer can submit application through the branches for the ongoing company and OCBC Wing Hang Bank Limited. To find out more the appropriate conditions and terms, please contact the employees regarding the business.
1. Annualized percentage rate(“APR”) is a guide price including the interest that is basic along with other costs and fees of the item expressed being an annualized rate. APR is calculated in line with the technique lay out within the appropriate directions under the Code of Banking Practice released by the Hong Kong Association of Banks given that basis. The APR happens to be corrected to 2 decimal places by having a managing charge of just one% per year included. The loan managing cost will be paid 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 according to 365 times each year. Example is for guide just. The APR may vary with different loan quantities and tenors. For details, please contact our staff.
Consumer should have possessed a Revolving Instalment Loan account fully for at the least a couple of months and had paid at the least 3 instalments, and with no record that is overdue in breach of this conditions and terms regarding the plan to be eligible for the proper of redrawing the total amount that will be no more than 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 ultimate straight to the approval associated with the application for the loan while the loan quantity issued.
Clients that are entitled using the offer of Revolving Instalment Loan (the “Offer”) plus the marketing are bound because of the terms and conditions of the program, associated loan application and loan papers. The business is a subsidiary that is wholly-owned of Wing Hang Bank Limited (“OCBC Wing Hang Bank”). The business handles the use of revolving instalment loan and supply this loan and associated loan solutions. Users can submit the application form into the business therefore the branches of OCBC Wing Hang Bank. For details, please contact the employees for the Company.
Please contact the employees associated with the business for details and enquiries of relevant terms and conditions and fees 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 of this business for details and enquiries. The business reserves the best to amend, expand, end or cancel the marketing and amend the conditions and terms at any time without previous notice. In case there is any dispute, your decision regarding the business will probably be last and conclusive. The Company reserves most of the final choice on determining the attention prices, 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 while the Company reserves the proper to reject the mortgage application without indicating any known reasons for its choice and interpretation,which will probably be last, conclusive and binding on all.
The version that is english prevail if you have any inconsistency involving the English and Chinese versions.
For details or enquiries in regards to the terms that are related conditions, please contact us.
Before you make request for very early payment for Instalment loan, please relate to “FAQ” with this internet site.