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 lets you be eligible for the best of redrawing the quantity which will be no more compared to the loan principal repaid. You’re not expected 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 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 method

Straight credit to client’s designated banking account.

Merely 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 wholly-owned subsidiary of OCBC Wing Hang Bank Limited. The organization 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 associated with the ongoing company and OCBC Wing Hang Bank Limited. The staff of the Company to enquire the relevant terms and conditions, please contact.

1. Annualized percentage rate(“APR") is really a guide price including the interest that is basic as well as other costs and fees of the product expressed as an annualized price. APR is determined in accordance with the technique lay out when you look at the guidelines that are relevant the Code of Banking Practice released by the Hong Kong Association of Banks while the foundation. The APR is corrected to 2 decimal places with a fee that is handling of% per year included. The loan management cost will be compensated in complete upon loan drawdown. Applicable in 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 respectively. The attention price is determined according to 365 times each year. Example is for reference just. The APR may vary with various loan quantities and tenors. For details, please contact our staff.

Client will need to have had a Revolving Instalment Loan account fully for at least three months together with paid at the very least 3 instalments, and without the overdue record or in breach of this conditions and terms of this plan to be eligible for the proper of redrawing the total amount that is 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 ultimate directly to the approval associated with the application for the loan plus the loan quantity given.

Clients that are entitled using the offer of Revolving Instalment Loan (the “Offer”) together with advertising are bound by the conditions and terms for this system, associated loan application and loan papers. The business is just a subsidiary that is wholly-owned of Wing Hang Bank Limited (“OCBC Wing Hang Bank”). The business handles the effective use of revolving instalment loan and offer this loan and loan that is related. Users can submit the application form towards the business as well as the branches of OCBC Wing Hang Bank. For details, please contact the employees regarding the Company.

Please contact the employees associated with ongoing company for details and enquiries of relevant conditions and terms and costs details. Loan quantity, rate of interest, month-to-month repayment amount and payment tenor relevant to individual applicant may vary and it is on the basis of the last approval status regarding the business, please contact the employees associated with business for details and enquiries. The business reserves the ability to amend, expand, end or cancel the marketing and amend the conditions and terms at any time without previous notice. In the event of any dispute, your choice associated with the 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 will undoubtedly be designed to the customer’s credit history plus the Company reserves the proper to reject the mortgage application without indicating any grounds for its choice and interpretation,which will probably be last, conclusive and binding on all.

The English variation shall prevail if you have any inconsistency between your English and Chinese versions.

For details or enquiries in regards to the associated terms and conditions, please contact us.

Before you make demand for very early payment for Instalment loan, please refer to “FAQ" with this internet site.