Revolving Instalment Loan. You don’t need to re-submit the documents Redraw cash when
Revolving Instalment Loan lets you qualify the proper of redrawing the total amount which can be no more as compared to loan principal repaid. You’re not needed to re-submit application papers. The entire process is simple and easy quick, which supply money immediately.
You don’t need to re-apply and certainly will redraw the repaid principal immediately
Loan quantity is as high as $800,000
Repayment tenor is as long as 48 months
Rate Table
Loan drawdown technique
Straight credit to client’s designated banking account.
Merely phone our Redraw Loan Centre at 2520 2929 to redraw money!
Client 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 loan that is related. Customer can submit application through the branches regarding the business and OCBC Wing Hang Bank Limited. To find out more the appropriate conditions and terms, please contact the employees associated with the business.
1. Annualized portion rate(“APR”) is a guide rate which include the fundamental rates of interest along with other charges and costs of the item expressed being an annualized price. APR is determined in line with the technique lay out within the appropriate instructions under the Code of Banking Practice granted by the Hong Kong Association of Banks once 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 aforementioned APR and loan quantity, the median loan amount 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 calculated 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.
Customer should have had a Revolving Instalment Loan account fully for at the least three months and had compensated at the least 3 instalments, and with no record that is overdue in breach associated with the conditions and terms associated with the plan to become eligible to the proper of redrawing the total amount which 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 last directly to the approval associated with application for the loan therefore the loan quantity awarded.
Clients who will be entitled aided by the offer of Revolving Instalment Loan (the “Offer”) as well as the marketing are bound because of the stipulations with this system, associated loan form and loan papers. 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 offer this loan and relevant loan solutions. Users can submit the program to your ongoing company additionally the branches of OCBC Wing Hang Bank. For details, please contact the employees of this business.
Please contact the employees associated with the business for details and enquiries of relevant stipulations and charges details. Loan quantity, interest, month-to-month repayment amount and payment tenor relevant to individual applicant may be varied and it is on the basis of the final approval status associated with business, please contact the employees associated with the 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. The decision of the Company shall be final and conclusive in case of any dispute. The organization reserves most of the decision that is final determining the attention prices, amending the conditions and terms in respect regarding the Loan, and approving the mortgage application. Guide is likely to be built to the customer’s credit history as well as the Company reserves the proper to reject the mortgage application without indicating any good reasons for its choice and interpretation,which will be last, conclusive and binding on all.
The English variation shall prevail when there is any inconsistency amongst the English and Chinese versions.
For details or enquiries concerning the associated terms and conditions, please contact us.
Before making demand for very very early payment for Instalment loan, please relate to “FAQ” of this internet site.