A personal loan from Standard Chartered Bank (Hong Kong) Limited. Tenors run 12–60 months. The monthly flat rate is 0.083% and the APR 1.85%–36.00%. On fees, monthly handling fee 0.083%, early settlement administration fee HK$300. On early repayment, The Cardholder may submit an early settlement request through the Hotline at 2886 4111; upon approval the Early Settlement Fees (monthly handling fee of the remaining instalment periods, the administration fee and any application fee) apply, and are waived when the request is made within the 7-day Cooling-off Period.
Fit
Who it suits
Borrowers who prefer a longer tenor (up to 60 months)
Strong-credit borrowers aiming for an APR as low as 1.85%
Key facts
Key facts
Cost
APR
1.85%–36.00%
Monthly flat rate
0.083%
monthly handling fee 0.083% · Personalised rate, as low as 0.083% monthly handling fee (i.e. APR 1.85%)
early settlement administration fee HK$300 · Upon an approved early settlement: administration fee equivalent to 1% of the Instalment Credit/Credit Cash amount or HKD300 (whichever is higher); waived when fully settled within the 7-day Cooling-off Period
Repayment
Tenor
12–60
The Cardholder may submit an early settlement request through the Hotline at 2886 4111; upon approval the Early Settlement Fees (monthly handling fee of the remaining instalment periods, the administration fee and any application fee) apply, and are waived when the request is made within the 7-day Cooling-off Period.
Monthly handling fee of the remaining instalment periods plus an administration fee equivalent to 1% of the Instalment Credit/Credit Cash amount or HKD300 (whichever is higher) and any application fee — collectively the Early Settlement Fees.
No advance-notice period is published; requests go through Hotline 2886 4111 and final approval is subject to the Bank's discretion.
Within the 7-day Cooling-off Period (7 calendar days after the post date of the first instalment amount) the Early Settlement Fees are waived; the monthly handling fee may still be levied pro-rata during the period, the waiver is available ONCE ONLY per quarter, and early settling during the cooling-off period forfeits any promotional offer.
Standard Chartered Bank (Hong Kong) Limited