Revolving Instalment Loan. You don’t need to re-submit the documents cash anytime that is redraw

Revolving Instalment Loan lets you be eligible for the proper of redrawing the quantity that will be no more compared to the loan principal repaid. You aren’t needed to re-submit application papers. The entire process is simple and easy fast, which provide you with money instantly.

You don’t need to re-apply and certainly will redraw the repaid principal instantly

Loan quantity is often as high as $800,000

Repayment tenor is often as long as 48 months

Speed Table

Loan drawdown method

Straight credit to consumer’s designated banking account.

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

Client also can decide to deliver us answer Form For Redrawing Revolving Instalment Loan by fax at 2834 2266.

OCBC Wing Hang Credit Limited (“Company”) could be the wholly-owned subsidiary of OCBC Wing Hang Bank Limited. The business may be the entity which processes the effective use of Revolving Instalment Loan and offers loan that is related. 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 for the Company.

1. Annualized portion rate(“APR”) is a guide price which include the fundamental rates of interest as well as other charges and costs of a item expressed being an annualized price. APR is determined in accordance with the technique put down within the appropriate recommendations under the Code of Banking Practice released by the Hong Kong Association of Banks while the foundation. The APR is corrected to 2 decimal places by having a fee that is handling of% per year included. The loan management cost will be compensated in full upon loan drawdown. Applicable to the aforementioned 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 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.

Consumer will need to have possessed a Revolving Instalment Loan take into account at the very least a couple of months and had compensated at the very least 3 instalments, and without the overdue record or in breach associated with the conditions and terms of this plan to become eligible for the proper of redrawing the quantity that will be no more as compared to loan principal repaid. The minimum redrawn amount is HK$3,000 every time. OCBC Wing Hang Credit Limited (“the Company”) reserves the ultimate directly to the approval associated with application for the loan together with loan quantity issued.

Clients who will be entitled using the offer of Revolving Instalment Loan (the “Offer”) as well as the advertising are bound because of the conditions and terms for this system, associated loan form and loan documents. 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 offer this loan and relevant loan solutions. Users can submit the program to your business plus the branches of OCBC Wing Hang Bank. For details, please contact the employees associated with the business.

Please contact the employees for the Company for details and enquiries of associated conditions and terms and fees details. Loan quantity, rate of interest, month-to-month repayment amount and payment tenor relevant to individual applicant may differ and it is on the basis of the last approval status of this business, please contact the employees regarding the business for details and enquiries. The business reserves the best to amend, expand, end or cancel the marketing and amend the conditions and terms at any time without previous notice. In case there is any dispute, your choice 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 terms and conditions in respect regarding the Loan, and approving the mortgage application. Guide is likely to be built to the customer’s credit history therefore the ongoing Company reserves the proper to reject the mortgage application without indicating any good reasons for its choice and interpretation,which will be last, conclusive and binding on all.

The English variation shall prevail when there is any inconsistency amongst the English and Chinese versions.

For details or enquiries in regards to the associated terms and conditions, please contact us.

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