Revolving Instalment Loan allows you to be eligible for the proper of redrawing the quantity which can be no more as compared to loan principal repaid. You’re not necessary to re-submit application documents. The process that is whole simple and easy fast, which provide money immediately.
You should not re-apply and certainly 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.
Just phone our Redraw Loan Centre at 2520 2929 to redraw money!
Consumer also can choose to deliver us Reply Form For Redrawing Revolving Instalment Loan by fax at 2834 2266.
OCBC Wing Hang Credit Limited (“Company”) may be the subsidiary that is online installment loans Louisiana wholly-owned of Wing Hang Bank Limited. The business could be the entity which processes the 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. 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 basic rates of interest along with other charges and fees of the item expressed as an annualized price. APR is calculated based on the technique lay out when you look at the appropriate directions under the Code of Banking Practice granted by the Hong Kong Association of Banks whilst the foundation. The APR was corrected to 2 decimal places with a handling charge of just one% per year included. The loan maneuvering cost will be compensated in full 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 interest rate is determined predicated on 365 times each year. Example is for guide just. The APR varies with various loan quantities and tenors. For details, please contact our staff.
Client should have possessed a Revolving Instalment Loan take into account at the very least a couple of months and had compensated at the very least 3 instalments, and with no record that is overdue in breach associated with stipulations of this plan to become eligible for the best of redrawing the quantity that will be less 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 directly to the approval associated with application for the loan together with loan quantity issued.
Clients that are entitled because of the offer of Revolving Instalment Loan (the “Offer”) while the marketing are bound because of the conditions and terms for this system, associated loan application and loan papers. The organization is just 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 loan that is related. Users can submit the application form to your business as well as the branches of OCBC Wing Hang Bank. For details, please contact the employees for the business.
Please contact the employees for the business for details and enquiries of relevant conditions and terms 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 associated with the business, please contact the employees associated with the business for details and enquiries. The organization reserves the ability to amend, expand, end or cancel the marketing and amend the conditions and terms at any right 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 final decision on determining the attention prices, amending the conditions and terms in respect regarding the Loan, and approving the mortgage application. Guide is going to be built to the customer’s credit history additionally the Company reserves the proper to reject the mortgage application without indicating any known reasons for its choice and interpretation,which will 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 you make demand for very early payment for Instalment loan, please relate to “FAQ” with this web site.