1.78%

APR*

^HK$210,670.40

Total Amount Payable

^HK$10,670.40

Total Interest Payable

All Details

• Key Features

  • From now until 29 Feb 2024 (both dates inclusive), customers can earn up to a HK$6,000 cash rebate by applying for the loan with a specific loan amount with a repayment tenor of 36 months or above, submitting documents successfully via MoneySmart, and completed drawdown on or before 31 January 2024

  • During Promotion Period, apply BOC Express Cash via MoneySmart website, with insert reference code “AS”, can enjoy extra HK$500 Cash Rebate. Terms and Conditions applied.

  • Annualised Percentage Rate: as low as 1.78%; handling fee: as low as 0%

  • Flexible repayment period from 6 months to 60 months

  • Loan amount up to HK$4,000,000 or 18 times of your monthly salary (whichever is lower)

  • Annual monthly income of HK$6,000 or above

  • Reminder: To borrow or not to borrow？Borrow only if you can repay！

  • The above information is for reference only. For details, please visit Bank of China (Hong Kong) Limited (“BOCHK”) website. For details of promotion offers and terms and conditions, please refer to BOCHK website.

• Repayment Summary

  Principal Loan Amount	HK$200,000
  Total Interest Payable	HK$10,670.40
  Monthly Payment	HK$8,778
  Total Amount Payable	HK$210,670.40
  Handling Fee	HK$0
  Annual Percentage Rate	5.16%
  Monthly Interest Rate	0.2223%
  Loan Tenure	24 Months

Fees & Charges

Handling Fee	As low as 0%
Late Payment Fee	HK$500 for each overdue but unpaid monthly instalment of the loan
Early Settlement Fee	2% of the principal amount

Eligibility

Age Requirement	18 years old or above
Residency Status	Hong Kong Resident
Employment Status	Employed in Hong Kong and monthly salary not less than HK$6,000