Revolving Instalment Loan lets you qualify the proper of redrawing the quantity which will be no more compared to the loan principal repaid. You’re not necessary to re-submit application papers. The process that is whole simple and easy fast, which provide you with money immediately.
You should not re-apply and certainly will redraw the repaid principal instantly
Loan quantity is as high as $800,000
Repayment tenor is as long as 48 months
Loan drawdown technique
Straight credit to client’s designated banking account.
Just phone our Redraw Loan Centre at 2520 2929 to redraw cash!
Client may also decide to send us answer Form For Redrawing Revolving Instalment Loan by fax at 2834 2266.
OCBC Wing Hang Credit Limited (“Company”) may be the wholly-owned subsidiary of OCBC Wing Hang Bank Limited. The business could be the entity which processes the effective use of Revolving Instalment Loan and provides relevant loan solutions. Customer can submit application through the branches for the ongoing company and OCBC Wing Hang Bank Limited. To enquire the appropriate conditions and terms, please contact the employees associated with the business.
1. Annualized portion rate(“APR”) is just a reference price which include the fundamental interest levels as well as other costs and costs of the item expressed being an annualized price. APR is calculated in accordance with the technique lay out in the appropriate instructions under the Code of Banking Practice granted by the Hong Kong Association of Banks given that foundation. The APR is corrected to 2 decimal places by having a managing cost of just one% per year included. The loan management 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 correspondingly. The attention price is determined centered on 365 times click this site each year. Example is for guide 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 take into account at the very least a couple of months together with compensated at the least 3 instalments, and without having any record that is overdue in breach regarding the stipulations regarding the plan to become eligible for the proper of redrawing the quantity that will be less compared to 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 loan application plus the loan quantity given.
Clients who will be entitled because of the offer of Revolving Instalment Loan (the “Offer”) in addition to marketing are bound by the conditions and terms of the system, relevant loan application and loan documents. The business is a wholly-owned subsidiary of ocbc Wing Hang Bank Limited (“OCBC Wing Hang Bank”). The business handles the effective use of revolving instalment loan and offer this loan and associated loan solutions. Users can submit the application form towards the business therefore the branches of OCBC Wing Hang Bank. The staff of the Company for details, please contact.
Please contact the employees regarding the business for details and enquiries of relevant stipulations and costs details. Loan quantity, interest, month-to-month repayment amount and payment tenor relevant to applicant that is individual vary and it is in line with the last approval status associated with business, please contact the employees associated with the Company for details and enquiries. The Company reserves the ability to amend, expand, end or cancel the marketing and amend the conditions and terms at any time without prior 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 will likely be built to the customer’s credit history as well as the Company reserves the best 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 involving the English and Chinese versions.
For details or enquiries in regards to the terms that are related conditions, please contact us.
Before you make request for very early payment for Instalment loan, please relate to “FAQ” with this web site.