- 6.68%
- APR*
- HK$209,600
- Total Amount Payable
- HK$9,600
- Total Interest Payable
All Details
i. During the Promotion Period, new customers (not applicable to existing customer of Hang Seng Personal Loan account(s)(including Handy Cash Personal Instalment Loan, Tax Comforter Loan, Debt Consolidation Instalment Loan and Handy Cash Personal Revolving Loan) and Unsecured Overdraft Facility at the time of application) who have successfully applied for and drawn down the Loan with loan amount HK$200,000 or above and a minimum repayment period of 24 months will be entitled to the cash rebate offer. The cash rebate amount is calculated based on the loan amount used for settlement of credit card and/or personal instalment loan outstanding amount owed to the third party(ies) (“Outstanding Amount Owed to the Third Party(ies)”) and/or extra cash out amount (collectively referred to as "Total Eligible Loan Amount"). Cash rebate offer is not applicable to the loan amount used for settlement of Hang Seng credit card and/or personal instalment loan outstanding amount (“Outstanding Amount Owed to Hang Seng”). Customer can enjoy HK$200 cash rebate for each HK$20,000 of Total Eligible Loan Amount, and so on, with total cash rebate up to HK$25,000(cash rebate will be rounded down to the nearest hundred dollar).
ii. During the Promotion Period, new customers (not applicable to existing customer of Hang Seng Debt Consolidation Instalment Loan account at the time of application) who have successfully applied for the Loan via Hang Seng Bank Website, Hang Seng Personal e-Banking or Hang Seng Mobile Application and drawn down the Loan with a designated draw down amount and a minimum repayment period of 12 months will be entitled to up to HK$1,000 cash rebate.
The cash rebate of clauses i and/or ii above (if applicable) will be credited to eligible customer’s repayment account by 30 September 2023 without prior notice. To be eligible for the relevant cash rebate, customers must have no record of default and early settlement or cancellation of the Loan before the cash rebate is credited. If customers settle or cancel the Loan ahead of schedule where the cash rebate has been credited, he/she shall return the cash rebate in full to Hang Seng Bank Limited (“Hang Seng”) upon settlement or cancellation of the Loan. Each eligible customer could enjoy the offer in clauses i and/or ii once only in the Promotion Period.
| Principal Loan Amount | HK$200,000 |
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| Total Interest Payable | HK$9,600 |
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| Monthly Payment | HK$8,733 |
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| Total Amount Payable | HK$209,600 |
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| Handling Fee | HK$0 |
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| Annual Percentage Rate | 6.68% |
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| Monthly Interest Rate | 0.2% |
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| Loan Tenure | 24 Months |
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| Handling Fee | 0% |
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| Late Payment Fee | 27% per annum from the date of such instalment default until the date of full repayment of default sum. |
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| Early Settlement Fee | (a) next month’s instalment amount (less the portion for repayment of the principal) plus (b) 2% of the outstanding principal, subject to a minimum of HK$300; plus repayment of any applicable promotional offers |
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| Terms and Conditions | Above information is for reference only. Terms and Conditions apply. Please refer to Hang Seng Bank website for the loan details. |
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| Age Requirement | 18 years old or above |
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| Residency Status | Permanent Resident of Hong Kong |
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| Employment Status | Full-time employed or self employed |
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