Revolving Instalment Loan. You don’t need to re-submit the documents Redraw cash anytime

Revolving Instalment Loan. You don’t need to re-submit the documents Redraw cash anytime

Revolving Instalment Loan allows you to be eligible for the proper of redrawing the total amount which will be no more compared to loan principal repaid. You aren’t expected to re-submit application papers. The entire procedure is 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 quantity is often as high as $800,000

Repayment tenor can be as long as 48 months

Speed Table

Loan drawdown technique

Straight credit to consumer’s designated banking account.

Just phone our Redraw Loan Centre at 2520 2929 to redraw money!

Consumer also can 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 subsidiary that is wholly-owned of Wing Hang Bank Limited. The business 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 regarding the business and OCBC Wing Hang Bank Limited. The staff of the Company to enquire the relevant terms and conditions, please contact.

1. Annualized portion rate(“APR”) is a guide price which include the interest that is basic as well as other costs and fees of the item expressed being an annualized price. APR is calculated in line with the method 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 handling charge of just one% 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 according to 365 times each year. Example is for guide just. The APR varies with various loan quantities and tenors. For details, please contact our staff.

Consumer will need to have possessed a Revolving Instalment Loan take into account at the least a couple of months together with compensated at the very least 3 instalments, and without the overdue record or in breach for the conditions and terms for the plan in order to be eligible to the best of redrawing the total amount which will be no more compared to 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 directly to the approval regarding the application for the loan together with loan quantity issued.

Clients that are entitled using the offer of Revolving Instalment Loan (the “Offer”) and also the advertising are bound because of the conditions and terms with this system, associated loan application and loan papers. The business is a wholly-owned subsidiary of ocbc Wing Hang Bank Limited (“OCBC Wing Hang Bank”). The organization handles the use of revolving instalment loan and supply this loan and relevant loan solutions. Users can submit the application form into the business together with branches of OCBC Wing Hang Bank. The staff of the Company for details, please contact.

Please contact the employees associated with business for details and enquiries of associated stipulations and fees details. Loan quantity, rate of interest, month-to-month repayment amount and payment tenor relevant to individual applicant may be varied and it is on the basis of the last approval status for the business, please contact the employees of this business for details and enquiries. The business reserves the ability to amend, expand, end or cancel the marketing and amend the stipulations at any time without previous notice. In case there is any dispute, your choice associated with business will probably be last and conclusive. The organization reserves most of the final choice on determining the interest prices, amending the conditions and terms in respect associated with Loan, and approving the mortgage application. Guide are going to be built to the customer’s credit history while the ongoing Company reserves the best to reject the mortgage application without specifying any known reasons for its choice and interpretation,which will probably be last, conclusive and binding on all.

The English version shall prevail if you have any inconsistency involving the English and Chinese versions.

For details or enquiries concerning the relevant terms and conditions, please contact us.

Before making demand for very early payment for Instalment loan, please relate to “FAQ” of the web site.