Compare Banks Loans Rates and APR 2024

Compare bank loans in Hong Kong with the lowest interest rates. Find out your personalized loan amount, APR, and repayment period. Read More
200,000 personal loan Paid over 24 months
HK$
We found 27 Personal Loans for you!
Standard Chartered Personal Instalment Loan  (Applicable to Tax Season)

Monthly Payment

HK$8,873

Monthly Payment
MoneySmart Exclusive
APR*
6.28%
Total Amount Payable
HK$212,960
Total Interest Payable
HK$12,960
Monthly Payment
HK$8,873

【MoneySmart Exclusive Offer 】APR as low as 1.85%^, Get total rewards up to HK$26,698!
From now on until 2 January 2025, customers successfully apply for loan via MoneySmart and draw down the designated loan amount could enjoy up to Samsung Galaxy Z Flip6  (value: $8,698) or iPad Air 13-inch 256GB (Value: HK$7,099)Mac mini (M4, 256GB SSD, 16GB RAM) (Value: HK$4,599) or up to HK$7,800 Apple Store Gift Card/ PARKnSHOP Supermarket Voucher/ HKTVmall e-Voucher!

Valid until 02 Jan 2025 - See more details below
Apply Now
Citi Tax Season Loan

Monthly Payment

HK$8,493

Monthly Payment
MoneySmart Exclusive
APR*
1.78%
Total Amount Payable
HK$203,840
Total Interest Payable
HK$3,840
Monthly Payment
HK$8,493

【💵Tax Season Extra Treats!】Apply to get up to HK$18,199 Rewards! 
New customers who successfully apply for the Citi Tax Season Loan / Citi Card Debt Consolidation Loan on or before 3 January 2025 and successfully draw down on or before 31 January 2025 would be eligible for MoneySmart exclusive gift up to an 🍎 iPhone 16 Plus 512GB (valued: HK$10,199) /  HK$10,000 Apple Store Gift Card / PARKnSHOP supermarket vouchers! The welcome offer from the bank is as high as an $8,000 cash voucher!

Valid until 03 Jan 2025 - See more details below
Apply Now
CNCBI $mart Plus Tax Season Loan

Monthly Payment

HK$8,564

Monthly Payment
MoneySmart Exclusive
APR*
1.65%
Total Amount Payable
HK$201,536
Total Interest Payable
HK$1,536
Monthly Payment
HK$8,564

【Limited-time Offer -HK$200 Straight to your FPS account!】
Apply for CNCBI $mart Plus Tax Season Loan / CNCBI $mart Plus Personal Instalment Loan - Debt Consolidate via MoneySmart and submit all the required documents, you can earn HK$200 cash rebate regardless of approval (automatically converted by 2,000 SmartPoints and will directly deposit into your FPS account)!⠀⠀
⠀⠀
【CITIC Bank x MoneySmart Exclusive Offer 】- Get total reward up to HK$6,488!
Customers successfully apply for CNCBI $mart Plus Tax Season Loan / CNCBI $mart Plus Personal Instalment Loan - Debt Consolidate via MoneySmart and draw down the designated loan amount could enjoy up to HK$4,000 Apple Store Gift Card or PARKnSHOP Supermarket Voucher ! New gift options include but not limited to De'Longhi Magnifica S Series Fully Automatic Coffee Machine / Apple HomePod /  B&W Px7 S2e Headphone / Apple AirPods 4 with Active Noise Cancellation!

Valid until 31 Dec 2024 - See more details below
Apply Now
DBS Debt Consolidation Loan

Monthly Payment

HK$8,713

Monthly Payment
MoneySmart Exclusive
Loan amount up to HK$2,000,000
APR*
6.49%
Total Amount Payable
HK$209,120
Total Interest Payable
HK$9,120
Monthly Payment
HK$8,713

【💰Take a step to building your wealth by consolidating your debts today! 】
New customers who successfully apply and drawdown DBS Debt Consolidation Loan via MoneySmart can get up to HK$23,800 rewards + Extra up to 82,000 SmartPoints! Get up to a total HK$32,000 reward!
⠀⠀
82,000 SmartPoints can fully redeem HK$8,200 cash vouchers (over 20+ brand vouchers including Apple / PARKnSHOP supermarket voucher, etc) or SAMSUNG Galaxy Z Flip 6 5G (8GB RAM + 256GB) (Value: HK$8,698) or 11-inch iPad Pro Wi-Fi 256GB (Value: HK$7,999) or SAMSUNG The Freestyle Projector 2nd Gen (Value: HK$6,980) or cash out HK$5,466 via FPS. If the product costs more, redeem with your points and top up the rest by purchasing additional SmartPoints!

Valid until 31 Dec 2024 - See more details below
Apply Now
Mox Instant Loan - Tax Season

Monthly Payment

HK$9,033

Monthly Payment
MoneySmart Exclusive
Upgraded Offers!
APR as low as*
1.28%
Total Amount Payable
HK$216,800
Total Interest Payable
HK$16,800
Monthly Payment
HK$9,033

【📣 New and existing customers applying for Mox 'Instant Loan' in December will receive exclusive rewards!】
New customers who successfully open a Mox account and apply for a loan using the promo code "MSCASH10" on or before 31 December 2024 will earn an application bonus of a HKD500 Apple gift card, regardless of approval! Those who apply for loan amount will also be eligible for the MoneySmart exclusive gift of a HKD500 Apple Store gift card / PARKnSHOP supermarket voucher / HKTVmall e-voucher 🎉Rewards valued at up to HKD 7,888💰 Existing customers can also enjoy the exclusive MoneySmart offer of a HKD 500 Apple Store gift card, PARKnSHOP supermarket voucher, or HKTVmall e-voucher! Rewards valued at up to HKD7,388💰

Valid until 31 Dec 2024 - See more details below
Apply Now
Standard Chartered Debt Consolidation Program  (Applicable to Tax Season)

Monthly Payment

HK$8,736

Monthly Payment
MoneySmart Exclusive
APR*
4.67%
Total Amount Payable
HK$209,672
Total Interest Payable
HK$9,672
Monthly Payment
HK$8,736

【MoneySmart Exclusive Offer 】Get total rewards up to HK$29,698!
From now on until 2 January 2025, customers successfully apply for loan via MoneySmart and draw down the designated loan amount could enjoy up to Samsung Galaxy Z Flip6  (value: $8,698) or iPad Air 13-inch 256GB (Value: HK$7,099)Mac mini (M4, 256GB SSD, 16GB RAM) (Value: HK$4,599) or up to HK$7,800 Apple Store Gift Card/ PARKnSHOP Supermarket Voucher/ HKTVmall e-Voucher!

Valid until 02 Jan 2025 - See more details below
Apply Now
CNCBI $mart Plus Personal Instalment Loan - Debt Consolidation

Monthly Payment

HK$8,900

Monthly Payment
MoneySmart Exclusive
APR*
6.72%
Total Amount Payable
HK$209,600
Total Interest Payable
HK$9,600
Monthly Payment
HK$8,900

【Limited-time Offer -HK$200 Straight to your FPS account!】
Apply for CNCBI $mart Plus Tax Season Loan / CNCBI $mart Plus Personal Instalment Loan - Debt Consolidate via MoneySmart and submit all the required documents, you can earn HK$200 cash rebate regardless of approval (automatically converted by 2,000 SmartPoints and will directly deposit into your FPS account)!⠀⠀
⠀⠀
【CITIC Bank x MoneySmart Exclusive Offer 】- Get total reward up to HK$6,488!
Customers successfully apply for CNCBI $mart Plus Tax Season Loan / CNCBI $mart Plus Personal Instalment Loan - Debt Consolidate via MoneySmart and draw down the designated loan amount could enjoy up to HK$4,000 Apple Store Gift Card or PARKnSHOP Supermarket Voucher ! New gift options include but not limited to De'Longhi Magnifica S Series Fully Automatic Coffee Machine / Apple HomePod /  B&W Px7 S2e Headphone / Apple AirPods 4 with Active Noise Cancellation!

Valid until 31 Dec 2024 - See more details below
Apply Now
Citi Card Debt Consolidation Loans

Monthly Payment

HK$9,173

Monthly Payment
MoneySmart Exclusive
APR*
9.57%
Total Amount Payable
HK$220,160
Total Interest Payable
HK$20,160
Monthly Payment
HK$9,173

【💵Tax Season Extra Treats!】Apply to get up to HK$18,699 Rewards! 
New customers who successfully apply for the Citi Tax Season Loan / Citi Card Debt Consolidation Loan on or before 3 January 2025 and successfully draw down on or before 31 January 2025 would be eligible for MoneySmart exclusive gift up to an 🍎 iPhone 16 Plus 512GB (valued: HK$10,199) /  HK$10,000 Apple Store Gift Card / PARKnSHOP supermarket vouchers! The welcome offer from the bank is as high as an $8,000 cash voucher!

Valid until 03 Jan 2025 - See more details below
Apply Now
DBS Personal Instalment Loan

Monthly Payment

HK$8,733

Monthly Payment
MoneySmart Exclusive
Instant cash out single-handedly
APR as low as*
5.91%
Total Amount Payable
HK$209,600
Total Interest Payable
HK$9,600
Monthly Payment
HK$8,733

【🔝Offer Upgrade -Get up to a total of HK$19,200 rewards
New customers who successfully apply and drawdown DBS Personal Instalment Loan via MoneySmart can get up to HK$12,000 rewards + Extra up to 72,000 SmartPoints! 
⠀⠀
72,000 SmartPoints can fully redeem HK$7,200 cash vouchers (over 20+ brand vouchers including Apple / PARKnSHOP supermarket voucher, etc) or SAMSUNG Galaxy S24 Plus 256GB (Value: HK$7,598) or SAMSUNG The Freestyle Projector 2nd Gen (Value: HK$6,980) or 11-inch iPad Pro Wi-Fi 128GB (Value: HK$6,499) or cash out HK$4,800 via FPS. If the product costs more, redeem with your points and top up the rest by purchasing additional SmartPoints!

Valid until 31 Dec 2024 - See more details below
Apply Now
WeLab Bank Personal Instalment Loan (Applicable during tax season)

Monthly Payment

HK$8,493

Monthly Payment
Upgraded Offers!
APR*
1.68%
Total Amount Payable
HK$203,840
Total Interest Payable
HK$3,840
Monthly Payment
HK$8,493
Read More
WeLab Bank Card Debt Consolidation Loan

Monthly Payment

HK$8,693

Monthly Payment
Upgraded Offers!
APR*
4.11%
Total Amount Payable
HK$208,640
Total Interest Payable
HK$8,640
Monthly Payment
HK$8,693
Read More
HSBC Personal Instalment Loan (Tax Season Loan)

Monthly Payment

HK$9,233

Monthly Payment
Bank Promo
APR
1.75%*
Total Amount Payable
HK$221,600
Total Interest Payable
HK$21,600
Monthly Payment
HK$9,233
Bank Promo:
【Tax Season Lucky Draw: Win up to $33,800 RewardCash】
From now to 4 February 2025, customers who apply for a specified loan amount via MoneySmart and successfully apply during the promotion period are subject to this promotion and the relevant terms and conditions, receiving as low as 1.75% APR and up to HK$23,888 rebates! During the event period, apply for a specified loan amount to join the Lucky Draw and stand a chance to win up to $33,800 RewardCash! (Fulfilled by HSBC.)

If a customer applies and is approved for a loan with a repayment period of 60 months during the promotional period, and the approved loan amount is HK$1,500,000 or above, they will be eligible to receive a total of HK$23,888 rebates under this offer. Up to HK$23,888 in cash rebates includes up to HK$15,888 in cash rebates and up to HK$8,000 RewardCash for successful applications
Valid until 04 Feb 2025 - See more details below
Apply Now
Fubon Perfect Fit Personal Loan

Monthly Payment

HK$9,046

Monthly Payment
MoneySmart Exclusive
Fixed rate for privileged customers
APR as low as*
2.38%
Total Amount Payable
HK$217,092.80
Total Interest Payable
HK$17,092.80
Monthly Payment
HK$9,046

【MoneySmart Exclusive Offer - Total rewards up to $15,988!】
From now until 31 December 2024, customers apply Fubon Perfect Fit Personal Loan and successfully draw down the loan, via MoneySmart promocode 「MSRL05」 can enjoy a MoneySmart exclusive reward as high as SAMSUNG Galaxy Tab S9 (12GB RAM + 256GB) - 11" (retail value: HK$7,188) / HK$6,000 Apple Store Gift Card / PARKnSHOP vouchers. Total reward up to HK$15,988!

Valid until 31 Dec 2024 - See more details below
Apply Now
DBS Electric Vehicle Personal Instalment Loan

Monthly Payment

HK$8,733

Monthly Payment
MoneySmart Exclusive
APR*
6.72%
Total Amount Payable
HK$200,000
Total Interest Payable
HK$9,600
Monthly Payment
HK$8,733

Initiating an Eco-Friendly Lifestyle: Green Car Loans for a New Future♻️
New customers who successfully apply and drawdown DBS Electric Vehicle Personal Instalment Loan via MoneySmart can get up to HK$15,700 rewards + Extra up to 100,000 SmartPoints! Get up to a total HK$25,700 reward!
⠀⠀
100,000 SmartPoints can fully redeem HK$10,000 cash vouchers (over 20+ brand vouchers including Apple / PARKnSHOP supermarket voucher, etc) or iPhone 15 Pro 256GB (Value: HK$9,399) or MacBook Air 13” M3 chip (8GB Memory, 256GB SSD) (Value: HK$8,999) or 11-inch iPad Pro (M4) Wi-Fi 256 GB (Value: HK$7,999) or cash out HK$6,666 via FPS. If the product costs more, redeem with your points and top up the rest by purchasing additional SmartPoints!

Valid until 31 Dec 2024 - See more details below
Apply NowApply directly on MoneySmart
Fubon "EZ Cash" Personal Loan

Monthly Payment

HK$9,046

Monthly Payment
MoneySmart Exclusive
APR* (Calculation is based on loan amount of HK$180,000 or above)
4.08%
Total Amount Payable
HK$217,092.80
Total Interest Payable
HK$17,092.80
Monthly Payment
HK$9,046

【MoneySmart Exclusive Offer - Total rewards up to HK$3,800!】
From now til 30 November 2024, customers apply Fubon "EZ Cash" Personal Loan via MoneySmart with exclusive promotional code:「MSRL10」 and successfully draw down the loan of HK$80,000 or above with tenor 12 months or above, can enjoy exclusive reward: HK$1,500 Apple Store Gift Card / HK$1,500 Supermarket Voucher. Apply and draw down the loan via online platform to get extra supermarket cash coupon of up to HK$2,300. Total rewards up to HK$3,800 !

Valid until 31 Dec 2024 - See more details below
Apply Now
Fubon Balance Transfer Personal Loan

Monthly Payment

HK$9,275

Monthly Payment
MoneySmart Exclusive
Fixed rate for privileged customers
APR as low as*
3.88%
Total Amount Payable
HK$222,593.60
Total Interest Payable
HK$22,593.60
Monthly Payment
HK$9,275

【MoneySmart Exclusive Offer - Total rewards up to $25,988!】
From now until 31 December 2024, customers apply Fubon Balance Transfer Personal Loan and successfully draw down the loan, can enjoy a MoneySmart exclusive reward as high as SAMSUNG Galaxy Tab S9 (12GB RAM + 256GB) - 11" (retail value: HK$7,188)  / HK$6,000 Apple Store Gift Card / PARKnSHOP vouchers. Total reward up to HK$25,988!

Valid until 31 Dec 2024 - See more details below
Apply Now
Hang Seng Debt Consolidation Instalment Loan

Monthly Payment

HK$8,733

Monthly Payment
APR*
6.68%
Total Amount Payable
HK$209,600
Total Interest Payable
HK$9,600
Monthly Payment
HK$8,733
Read More
BOC Express Cash Instalment Loan Balance Transfer

Monthly Payment

HK$9,173

Monthly Payment
Up to HK$23,988 Cash Rebate
APR*
10.01%
Total Amount Payable
HK$216,152
Total Interest Payable
HK$16,152
Monthly Payment
HK$9,173
Read More
BOC Express Cash Instalment Loan - Tax Season Loan

Monthly Payment

HK$8,778

Monthly Payment
APR as low as 1.78%*
APR*
1.78%
Total Amount Payable
HK$210,670.40
Total Interest Payable
HK$10,670.40
Monthly Payment
HK$8,778
Read More
CNCBI $mart Plus Personal Instalment Loan

Monthly Payment

HK$8,564

Monthly Payment
Win the New Flagship Phone🍎📱
APR*
2.72%
Total Amount Payable
HK$201,536
Total Interest Payable
HK$1,536
Monthly Payment
HK$8,564
Read More

Disclaimer: At MoneySmart.hk, we strive to keep our information accurate and up to date. This information may be different than what you see when you visit a financial institution, service provider or specific product’s site. For any discrepancy in product information, please refer to the financial institution’s website for the most updated version. All financial products and services are presented without warranty. Additionally, this site may be compensated through third party advertisers. However, the results of our comparison tools which are not marked as sponsored are always based on objective analysis first.

Best Bank Loan Interest Rate 2022

Bank Loan APRFeature
Citi Speedy Cash1.78%Repayment term up to 60 months
DBS Personal Instalment Loan1.56%1 minute approval
BEA "Super-Fast" Instalment Loan2.91%Cash disbursement in a day
Standard Chartered Personal Instalment Loan1.98%Enjoy up to HK$2,000 cash rebate
Credit Mastermind Instalment Loan4.70%Save interest up to 86%
Fubon Balance Transfer Personal Loan8.50%Repayment term up to 72 months

Apply For Quick Banks Loan Online

Most banks in Hong Kong, including HSBC, The Bank of East Asia, Standard Chartered Bank, Bank of China, Dah Sing Bank, and Bank of Communications can process online loan applications fairly quickly. Applicants can submit the required documents online via the official bank's website. If the applicant is also an account holder of the bank, he/she can be exempted from submitting some supporting documents and they may not be required to show up at all during the entire application process. The loan can be approved as fast as in 1 minute, and the fund can be disbursed on the same day.

Personal Loans Eligibility

Applicants must be at least 18 years old. But even if you are 18 years old, you may not be eligible to apply for some loans. It is important to understand that different banks have different sets of requirements. Applicants are advised to check with an individual bank for its specific requirements before applying. For example, Standard Chartered Bank requires personal loan applicants to be at least 20 years old. Applicants are also required to submit a copy of Hong Kong ID card/passport (for non permanent ID card holders) and proof of current residential address for the last 3 months. In addition, banks generally require applicants to submit pay slips. If these are not available, you may be required to provide bank statements or proof of MPF contribution for the last 3 months.

What are bank loans?

Bank loans are loans provided by banks, and there are various types of bank loans available in Hong Kong, including person installment loans, balance transfer plans and revolving loans for different debt management purposes. Some are designed to provide applicants with speedy cash to overcome their immediate financial problems while others are designed to pay off card debt. The repayment period is up to 72 months.
Some people prefer loans from banks over money lenders, as banks offer lower interest rates and are more reliable. Citibank, Standard chartered Bank and DBS are all popular bank loan choices in Hong Kong.

Types of Bank Loans in Hong Kong

Banks offer different types of bank loans for different purposes. Below is a summary of the most common bank loans:

Fixed instalment loan

Personal loans can be used for many purposes e.g. settle large expenses in life.

Debt Consolidation Loans

Consolidate all your high-interest debts into one loan including credit card debts.

Revolving loan

There is no fixed repayment period or monthly repayment amount while the interest rate is higher than the fixed instalment loan. It is best for paying off credit card debts or extra cash.

Tax loan

The interest rate is lower than that of ordinary personal instalment loans. Applicants can use some of it to pay tax and enjoy extra cash to ease the financial burden.

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Best Bank Loans 2021

Are you planning to apply for personal loans to ease your financial burden? Why not have a read around these articles below to find the personal loan that suits your needs the most?

Bank Loan FAQ

How can I get a quick loan from banks?

Many banks accept online applications. If you want to get the loan quickly, you can apply for HSBC Personal Instalment Loan characterized by fast approval and cash withdrawal in 1 minute. You can also check out this article on Best quick loans in Hong Kong.

What is the minimum salary to get a personal loan?

Different banks have different sets of requirements. For example, HSBC Personal Instalment Loan requires applicants to have a monthly income of at least HK$5,000 while Citibank requires loan applicants to have a monthly income of at least HK$6,000.

Is it better to get a loan from a bank?

Banks usually offer a lower interest rate but it also comes with stricter requirements e.g. require more supporting documents and a good credit score.

What is the disadvantage of a loan?

The answer depends on your situation. If you have an urgent need for some extra cash and don’t have any assets, but own a credit card, then a personal loan is recommended. This is because withdrawing cash from your credit card is far more expensive than the interest rate of a personal loan. But it is important not to borrow money if you can’t afford it and you must not over-borrow because you may end up spending it unwisely.