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Revolving Instalment Loan. You should not re-submit the documents cash anytime that is redraw

Revolving Instalment Loan allows you to be eligible for the proper of redrawing the total amount that 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 will redraw the repaid principal immediately

Loan amount is as high as $800,000

Repayment tenor is as long as 48 months

Speed Table

Loan drawdown technique

Straight credit to client’s designated banking account.

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

Consumer may also elect to deliver us answer Form For Redrawing Revolving Instalment Loan by fax at 2834 2266.

OCBC Wing Hang Credit Limited (“Company”) may be the subsidiary that is wholly-owned of Wing Hang Bank Limited. The business may be the entity which processes the effective use of Revolving Instalment Loan and offers relevant loan solutions. Customer can submit application through the branches associated with 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 just a guide price including the fundamental rates of interest as well as other charges and costs of the item expressed as an annualized rate. APR is calculated in accordance with the technique lay out within the appropriate tips under the Code of Banking Practice given by the Hong Kong Association of Banks given that foundation. The APR happens to be corrected to 2 decimal places by having a managing charge of just one% per year included. The loan maneuvering cost is usually to be compensated in full 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 respectively. The interest price is determined centered 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 had a Revolving Instalment Loan account fully for at the least three months and had compensated at the very least 3 instalments, and with no overdue record or in breach associated with conditions and terms of this plan to be eligible for the best of redrawing the quantity which will be no more compared to 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 ultimate directly to the approval of this application for the loan together with loan quantity provided.

Clients that are entitled aided by the offer of Revolving Instalment Loan (the “Offer”) in addition to advertising are bound because of the stipulations of the program, relevant loan application and loan papers. The business is just a wholly-owned subsidiary of ocbc Wing Hang Bank Limited (“OCBC Wing Hang Bank”). The business handles the use of revolving instalment loan and supply this loan and loan that is related. Users can submit the program towards the ongoing company plus the branches of OCBC Wing Hang Bank. For details, please contact the employees of this business.

Please contact the employees regarding the ongoing company for details and enquiries of relevant stipulations and costs details. Loan quantity, rate of interest, month-to-month repayment amount and repayment tenor relevant to individual applicant may be varied and it is on the basis of the last approval status associated with the business, please contact the employees regarding the business for details and enquiries. The organization reserves the proper to amend, expand, end or cancel the marketing and amend the stipulations at any right time without previous notice. In the event of any dispute, your decision 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 associated with Loan, and approving the mortgage application. Guide is likely to be designed to the customer’s credit history while the Company reserves the proper to reject the mortgage application without specifying any good reasons for its choice and interpretation,which will 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 concerning the associated terms and conditions, please contact us.

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

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