Revolving Instalment Loan lets you be eligible for just the right of redrawing the amount that will be no more compared to the loan principal repaid. You’re not necessary to re-submit application papers. The entire procedure is simple and easy fast, which provide you with money immediately.
You should not re-apply and will redraw the repaid principal immediately
Loan quantity is often 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 money!
Client may also decide to deliver 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 may be the entity which processes the use of Revolving Instalment Loan and provides relevant loan solutions. Customer can submit application through the branches regarding 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 portion rate(“APR”) is just a guide price which include the fundamental interest levels as well as other costs and costs of the item expressed as an annualized price. APR is calculated in accordance with the technique put down when you look at the guidelines that are relevant the Code of Banking Practice given by the Hong Kong Association of Banks once the basis. 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 is usually to be compensated in complete upon loan drawdown. Applicable to Connecticut car loan and title 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 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.
Client should have had a Revolving Instalment Loan account fully for at the very least a couple of months and had paid at the very least 3 instalments, and with no overdue record or in breach regarding the stipulations of this plan to become eligible for the proper of redrawing the total amount that is 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 last directly to the approval regarding the application for the loan additionally the loan quantity awarded.
Clients that are entitled with all the offer of Revolving Instalment Loan (the “Offer”) plus the advertising are bound by the conditions and terms of the system, associated loan application and loan papers. The business is 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 associated loan solutions. Users can submit the applying to your ongoing company 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 associated stipulations and fees details. Loan quantity, rate of interest, month-to-month repayment amount and payment tenor relevant to individual applicant may be varied and it is on the basis of the last approval status associated with 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 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 associated with Loan, and approving the mortgage application. Guide will likely be designed to the customer’s credit history as well as the ongoing Company reserves the proper to reject the mortgage application without indicating any reasons behind its choice and interpretation,which will probably be last, conclusive and binding on all.
The English version shall 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 making demand for very early payment for Instalment loan, please refer to “FAQ” with this internet site.