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

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

Revolving Instalment Loan allows you to qualify the best 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 procedure is simple and easy fast, which provide money immediately.

You don’t need to re-apply and will redraw the repaid principal immediately

Loan quantity is often as high as $800,000

Repayment tenor is often as long as 48 months

Speed Table

Loan drawdown technique

Straight credit to consumer’s designated banking account.

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

Consumer also can elect 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 may be the entity which processes the use of Revolving Instalment Loan and offers related loan services. Customer can submit application through the branches associated with ongoing company 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 just a guide price which include the fundamental rates of interest along with other charges and costs of the item expressed being an annualized price. APR is calculated in accordance with the technique lay out within the guidelines that are relevant the Code of Banking Practice granted by the Hong Kong Association of Banks given that foundation. The APR happens to be corrected to 2 decimal places with a fee that is handling of% per year included. The loan managing cost will be compensated in complete upon loan drawdown. Applicable to the aforementioned 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 predicated 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 account fully for at the very least a couple of months and had compensated at minimum 3 instalments, and without having any record that is overdue in breach associated with conditions and terms associated with the plan to become eligible for the proper of redrawing the total amount that will be no more compared to the loan principal repaid. The minimum redrawn amount is HK$3,000 every time. OCBC Wing Hang Credit Limited (“the Company”) reserves the last straight to the approval for the application for the loan while the loan quantity issued.

Clients who will be entitled aided by the offer of Revolving Instalment Loan (the “Offer”) and also the advertising are bound by the conditions and terms of the system, relevant loan application and loan papers. The organization is just a subsidiary that is wholly-owned of Wing Hang Bank Limited (“OCBC Wing Hang Bank”). The organization handles the use of revolving instalment loan and offer this loan and loan that is related. Users can submit the applying to your ongoing company and also the branches of OCBC Wing Hang Bank. The staff of the Company for details, please contact.

Please contact the employees of this ongoing company for details and enquiries of related stipulations and fees details. Loan amount, rate of interest, month-to-month repayment amount and payment tenor relevant to individual applicant may vary 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 proper to amend, expand, end or cancel the marketing and amend the stipulations at any time without prior notice. In the event of any dispute, your choice associated with business will probably be last and conclusive. The organization 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 may be designed to the customer’s credit history and also the Company reserves the best to reject the mortgage application without indicating any cause of its decision and interpretation,which will probably be last, conclusive and binding on all.

The version that is english prevail if you have any inconsistency between your English and Chinese versions.

For details or enquiries in regards to the terms that are related conditions, please contact us.

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

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