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

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

Revolving Instalment Loan allows you to qualify just the right of redrawing the quantity that will be no more compared to the loan principal repaid. You aren’t needed to re-submit application documents. The process that is whole simple and easy fast, which provide money instantly.

You should not re-apply and that can redraw the repaid principal immediately

Loan quantity is often as high as $800,000

Repayment tenor is often as long as 48 months

Speed Table

Loan drawdown technique

Straight credit to client’s designated banking account.

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

Consumer also can 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 subsidiary that is wholly-owned of Wing Hang Bank Limited. The organization could be the entity which processes the effective use of Revolving Instalment Loan and offers relevant loan solutions. Customer can submit application through the branches for the ongoing company and OCBC Wing Hang Bank Limited. To find out more the appropriate conditions and terms, please contact the employees associated with the business.

1. Annualized portion rate(“APR”) is a guide price which include the basic interest levels along with other costs and fees of the item expressed being an annualized price. APR is calculated in accordance with the technique put down within the guidelines that are relevant the Code of Banking Practice released by the Hong Kong Association of Banks once the foundation. The APR is corrected to 2 decimal places by having a managing charge of just one% per annum included. The loan control 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 according to 365 times each year. Example is for guide only. The APR may vary with various loan quantities and tenors. For details, please contact our staff.

Consumer should have possessed a Revolving Instalment Loan take into account at the least a few months and had compensated at the least 3 instalments, and without the overdue record or in breach associated with conditions and terms associated with plan to be eligible for the best of redrawing the quantity that will be no more as 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 straight to the approval associated with application for the loan therefore 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 because of the conditions and terms of the system, relevant loan application and loan papers. The organization is just a wholly-owned subsidiary of ocbc Wing Hang Bank Limited (“OCBC Wing Hang Bank”). The organization handles the effective use of revolving instalment loan and supply this loan and relevant loan solutions. Users can submit the applying to your ongoing company therefore the branches of OCBC Wing Hang Bank. For details, please contact the employees of this business.

Please contact the employees for the business for details and enquiries of relevant stipulations and fees details. Loan quantity, rate of interest, month-to-month repayment amount and payment tenor relevant to individual applicant may vary and it is on the basis of the last approval status associated with business, please contact the staff for the business for details and enquiries. The organization reserves the ability to amend, expand, end or cancel the marketing and amend the conditions and terms 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 final choice on determining the attention prices, amending the conditions and terms in respect regarding the Loan, and approving the mortgage application. Reference will likely to be meant to the customer’s credit history as well as the Company reserves the proper to reject the mortgage application without indicating any cause of its choice and interpretation,which will probably be last, conclusive and binding on all.

The version that is english prevail when there is any inconsistency between your English and Chinese versions.

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

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

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