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| Tax Loan | |
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| Asset Link Secured Overdraft | |
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| Unsecured Overdraft Facility | |
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| Personal Instalment Loan | |
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| Interest-free Instalment Plan | |
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| Credit Counseling Loan | |
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| Personal Revolving Loan | |
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| Top-up Loan | |
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| Vehicle Loan | |
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| Glossary | |
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Apply for Handy Cash Personal Instalment Loan to enjoy:
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With a monthly flat rate of as low as 0.25%(1), you can save your interest expenses by over 50%*: | |||||||||||||||||||||
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Loan amount of up to HKD800,000 or six times
your monthly salary(4) (whichever is lower).
Flexible repayment periods ranging from six
to 48 months.
Same-day approval
and cash disbursement(5). Apply and get approval
in the same morning, and you can withdraw the loan via ATM in the
afternoon(6).
Eligibility to apply for a Top-up
Loan on your repaid principal amount(7)
with no income proof required.
Apply online to get the chance to enjoy
the 10% Loan Amount Rebate Offer
upon successful application! Please click
here for details, terms and conditions.
Loan Selector
* The interest expenses that can be saved are determined on a case-by-case basis. Please contact the staff of Hang Seng Bank Limited (“Hang Seng”) for your actual saving on interest expenses.
(1)
Interest rates for Hang Seng Handy Cash Personal
Instalment Loan ("the Instalment Loan") vary according to the loan
amount. For details, please refer to the interest rate table. The
annualised percentage rate of the monthly flat rate of 0.25% is 7.61%,
including the handling fee by way of a further loan equal to 1% per
annum of the loan amount. The annualised percentage rate is calculated
using the Net Present Value Method over a 12-month tenor in accordance
with the Code of Banking Practice. The interest rate is applicable
on a case-by-case basis and the final approved interest rate is subject
to the loan amount and credit assessment result.
(2)
This example is calculated based on a
monthly flat rate of 0.55% over a 48-month repayment period. The annualised
percentage rate is 15.07%, including the handling fee by way of a
further loan equal to 1% per annum of the loan amount. The annualised
percentage rate is calculated using the Net Present Value Method in
accordance with the Code of Banking Practice. The final approved interest
rate is subject to the loan amount and the results of credit assessment.
(3)
This example is calculated based on an annual
interest rate of 24% and a monthly repayment of 5% of the outstanding
balance or HKD50 (whichever is higher) over a 171-month repayment
period. The average monthly repayment amount above is calculated based
on the first six instalment repayments.The annualised percentage
rate is 26.83%. The annualised percentage rate is calculated using
the Net Present Value Method in accordance with the Code of Banking
Practice.
(4)
The final approved loan amount, which is
calculated by way of monthly salary multiple is subject to change,
in accordance with the circumstances of individual cases.
(5)
Same day approval and cash disbursement is
only applicable to customers applying for the Instalment Loan online,
via the Hang Seng 24-hour Personal Loan Application Hotline or in
person at any branch of Hang Seng. Customers are required to maintain
a specified Hang Seng repayment account to enjoy such service. Generally,
application will be assessed and, if approved, loan will be available
on the same working day if Hang Seng receives all required documents
by 12:00 noon from Monday to Friday, subject to the actual situation
from time to time. Applications received on Saturday, Sunday or Public
Holiday will be processed on the next working day.
(6)
Only applicable to customers with Hang Seng
account.
(7)
Customers are eligible to apply for a Top-up
Loan on the repaid principal amount if the repaid principal amount
is over HKD3,000. Customers must also have a punctual repayment record
to enjoy the Top-up Loan. For detailed terms and conditions, please
refer to the relevant application form.
(8)
Customers are required to submit the required documents to Hang Seng for processing the application. The application is subject to the final approval of Hang Seng.
Remark:
Hang Seng reserves the right to terminate the above offers at any time or to vary the same and the related terms and conditions from time to time. The approval of the loan is subject to Hang Seng's final decision. In case of any dispute arising from the above loan and offers, Hang Seng's records shall prevail and the decision of Hang Seng shall be final. For loan and offer details, interest rates, annualised percentage rates, terms and conditions, please contact Hang Seng staff or refer to the application form.
Hang Seng reserves the right to terminate the above offers at any time or to vary the same and the related terms and conditions from time to time. The approval of the loan is subject to Hang Seng's final decision. In case of any dispute arising from the above loan and offers, Hang Seng's records shall prevail and the decision of Hang Seng shall be final. For loan and offer details, interest rates, annualised percentage rates, terms and conditions, please contact Hang Seng staff or refer to the application form.
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