Revolving Instalment Loan allows you to be eligible for just the right of redrawing the total amount which will be no more compared to loan principal repaid. You aren’t expected to re-submit application papers. The entire process is simple and fast, which provide you with money immediately.
You don’t need to 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
Loan drawdown technique
Straight credit to consumer’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”) may be the wholly-owned subsidiary of OCBC Wing Hang Bank Limited. The organization could be the entity which processes the use of Revolving Instalment Loan and offers related 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 really a guide price which include the basic interest levels along with other costs and fees of the item expressed as an annualized price. APR is determined in accordance with the method lay out within the guidelines that are relevant the Code of Banking Practice released by the Hong Kong Association of Banks once the foundation. The APR happens to be installment loans in Louisiana corrected to 2 decimal places with a fee that is handling of% per year included. The loan managing cost is usually to be compensated in complete 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 attention price is determined centered 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 will need to have had a Revolving Instalment Loan account fully for at the very least three months together with compensated at the very least 3 instalments, and without the record that is overdue in breach associated with conditions and terms for the plan to be eligible to the proper of redrawing the total amount which will be no more compared to loan principal repaid. The minimum redrawn amount is HK$3,000 every time. OCBC Wing Hang Credit Limited (“the Company”) reserves the last straight to the approval associated with the application for the loan plus the loan quantity issued.
Clients who will be entitled using the offer of Revolving Instalment Loan (the “Offer”) as well as the marketing are bound by the conditions and terms for this 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 effective use of revolving instalment loan and offer this loan and loan that is related. Customers can submit the application form to your business while the branches of OCBC Wing Hang Bank. The staff of the Company for details, please contact.
Please contact the employees associated with the business for details and enquiries of related conditions and terms and costs details. Loan quantity, rate of interest, month-to-month repayment amount and payment tenor relevant to applicant that is individual differ and it is in line with the last approval status regarding the business, please contact the employees associated with the Company 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 decision associated with business will probably be last and conclusive. 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 is likely to be designed to the customer’s credit history plus the Company reserves the best to reject the mortgage application without indicating any grounds for its decision and interpretation,which will probably 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 concerning the associated terms and conditions, please contact us.
Before you make demand for very very very early payment for Instalment loan, please relate to “FAQ” for this site.