A personal loan from Hang Seng Bank Limited. Loan amounts run HK$5,000–HK$3,000,000 with tenors of 12–60 months. The monthly flat rate is 0.0845% and the APR 1.88%–10.29%. On fees, handling fee 0%, early repayment handling fee 2%. On early repayment, Early repayment requires an early repayment handling fee (including the interest payable and 2% of the outstanding principal); it is waived when the full outstanding principal is repaid early within the 7-calendar-day cooling-off period after loan drawdown, and customers may visit a branch to arrange early repayment.
Fit
Who it suits
Borrowers who need a larger sum (up to HK$3,000,000)
Borrowers who prefer a longer tenor (up to 60 months)
Strong-credit borrowers aiming for an APR as low as 1.88%
Borrowers who want the handling fee waived
Key facts
Key facts
Cost
APR
1.88%–10.29%
Monthly flat rate
0.0845%
handling fee 0% · The loan handling fee is 0%; the calculation of the monthly repayment amount and the APR already includes the 0% handling fee and excludes cash rebates
early repayment handling fee 2% · Charged upon early repayment (including the interest payable and 2% of the outstanding principal); waived when the full outstanding principal is repaid early within the 7-calendar-day cooling-off period after loan drawdown
Repayment
Tenor
12–60
Early repayment requires an early repayment handling fee (including the interest payable and 2% of the outstanding principal); it is waived when the full outstanding principal is repaid early within the 7-calendar-day cooling-off period after loan drawdown, and customers may visit a branch to arrange early repayment.
The early repayment handling fee includes the interest payable and 2% of the outstanding principal.
Customers should consider whether early repayment of a personal instalment loan saves interest expense; for the applicable fees and charges of the loan account, call the personal loan service hotline (852) 2997 3882.
If a customer repays the full outstanding principal of the loan early within the 7-calendar-day cooling-off period after loan drawdown, the early repayment handling fee will be waived.
Hang Seng Bank Limited