Find the Best Bank Loans In Hong Kong
Updated: 26 Aug 2025
Loan | Monthly Repayment | MoneyHero Reward | Total Cost of Loan | EIR | |||
|---|---|---|---|---|---|---|---|
 | Citi Speedy Cash Personal Loan | HK$8,543 | HK$7,000 | HK$7,560 | 1.40 % | ||
 | CNCBI $mart Plus Personal Installment Loan | HK$8,429 | HK$1,000 | HK$3,456 | 1.65 % | ||
 | OCBC Bank Personal Loan | HK$8,778 | HK$8,050 | HK$6,804 | 1.88 % | ||
 | Standard Chartered Personal Instalment Loan | HK$8,582 | HK$7,680 | HK$8,964 | 1.85 % | ||
 | DBS Debt Consolidation Loan | HK$8,663 | HK$13,400 | HK$11,880 | 6.38 % | ||
 | BEA Instalment Loan | HK$8,783 | HK$1,000 | HK$16,200 | 3.36 % | ||
 | HSBC Personal Instalment Loan | HK$9,113 | HK$1,100 | HK$28,080 | 6.07 % | ||
 | WeLab Bank Personal Instalment Loan | HK$8,573 | HK$7,000 | HK$8,640 | 0.78 % | ||
 | CCB (Asia) Personal Instalment Loan | HK$9,113 | HK$5,500 | HK$28,080 | 6.07 % | ||
 | Mox Instant Loan (New customers) | HK$8,519 | HK$6,000 | HK$6,696 | 1.28 % | ||
 | Dah Sing Express Money Instalment Loan | HK$8,735 | HK$1,700 | HK$14,450 | 1.68 % | ||
 | DBS Personal Instalment Loan | HK$8,603 | HK$1,500 | HK$9,720 | 5.91 % | ||
 | Standard Chartered Debt Consolidation Program | HK$8,933 | HK$11,880 | HK$21,600 | 4.67 % | ||
 | Fubon Balance Transfer Personal Loan | HK$9,035 | HK$1,900 | HK$25,272 | 5.28 % | ||
 | CNCBI $mart Plus Personal Installment Loan – Debt Consolidation | HK$8,933 | HK$1,000 | HK$21,600 | 6.81 % |
- Same-day approval and same-day loan disbursement
- The loan amount is up to 12 times of the monthly salary or HK$3,500,000, whichever is lower
- Repayment term up to 60 months, HK$0 handling fee
- No hidden terms and conditions
- Hong Kong Identity Card
- Income proof (for example: latest month's payroll slip, latest salary tax demand note, latest MPF contribution proof or latest three months' payroll account bank statement/account passbook (with first page showing your name and account number))
- Latest three months' full set of main bank statement/account passbook (with first page showing your name and account number)
- Latest residential address proof (for example: electricity bill or bank statement)
- Any other documents or certificates deemed appropriate.
- The Offer for Citigold Private Client/ Citigold Client / Citi ULTIMA cardholder is only applicable to the applicant who fulfill the following requirement from the date of application to the issue date of redemption letter (both dates inclusive):
- Citigold Private Client should maintain the account balance at HK$8,000,000 or above, Citigold Client should maintain the account balance at HK$1,500,000 or above, and Citi ULTIMA cardholder needs to hold the Citi ULTIMA card.
- Offers are only applicable to customers who do not hold any Personal Loan account offered by Citibank (Hong Kong) Limited at the time of application
- A cash coupon redemption letter will be mailed to the eligible customers' Hong Kong correspondence address according to Citibank's record
- Each eligible customer can enjoy the Reward once during the promotion period
- “Instant Disbursement Upon Loan Approval” is only applicable for disbursement to participating banks of Faster Payment System (FPS), and is subject to Citi’s loan approval and availability of FPS, while the crediting to the recipient’s account is subject to the recipient bank’s handling. Processing time may vary in some cases depending on the actual circumstances of individual applications
- The Annualised Percentage Rate ("APR") is as low as 1.40% (including a HK$3,000 cash rebate) or 1.56% (excluding any cash rebate), based on a monthly flat rate of 0.07%, a loan amount of HK$3,500,000, and a repayment period of 12 months.
- To borrow or not to borrow? Borrow only if you can repay!
- APR as low as 1.65%
- Loan amount as high as HK$2,000,000 or 18 times of your monthly salary (whichever is lower)
- Flexible repayment period of 6 to 60 months
- Same day disbursement to your CNCBI account
1. HKID card / passport / other identification document
2. Bank statement or passbook showing your latest 1-month income proof (including the copy of front cover page
of your passbook which shows your name and account number) or any type of income proof. Please provide
the latest 2-month income proof if you are commission based income earner
3. If you are self-employed, please provide Business registration certificate and the latest profits tax demand note, and
the latest 3-month company account statements
4. Residential address proof showing your name issued within the latest 3 months (e.g. electricity bills or bank statements)
5. Proof of professional qualification (For professionals only)
6. If you are not holder of Hong Kong permanent identity card, please submit passport/ Exit/ Entry Permit for Travelling to and from Hong Kong and Macau/ identity card of place of origin and working visa issued by the Hong Kong SAR Government
7. Full copy of the front cover page of passbook / bank statement of the loan disbursement account
8. Autopay authorization form
9. Loan confirmation letter(s) or latest 1-month statement(s) (showing your name and account number) of credit card(s) and loan(s) that you wish to transfer to CNCBI $mart Plus Personal Installment Loan
- The APR is calculated in accordance with the practices and methods set out in the relevant guidelines issued by the Hong Kong Association of Banks. An APR is a reference rate which includes the basic interest rate and other applicable fees and charges expressed as an annualized rate. The respective APRs are rounded to the nearest two decimal places.
- The APR 1.65% is calculated based on loan amount HK$2,000,000, a repayment tenor of 12 months and a monthly flat rate of 0.032%, including a handling fee of 0.5% per annum. The handling fee of 0.5% is only applicable for a repayment tenor of 12 months and a loan amount of HK$2,000,000. The handling fee of 1% is for other scenario.
- Handling Fee is charged 1% per annum based on loan amount and shall be deducted upon loan drawdown.
- Same-day fund disbursement service is applicable to customers who use CNCBI bank account for fund disbursement, and it only applies to our Bank’s service hours (Monday to Friday from 9:00 am to 8:00 pm and except Saturday, Sunday and public holidays). The processing time starts when the approved loan is confirmed with the Bank.
- Terms and conditions apply. To borrow or not to borrow? Borrow only if you can repay! Please visit the website
- APR as low as 1.88%
- Loan amount up to HK$2,000,000 or 20X of your monthly salary (whichever is lower)
- Repayment tenor up to 60 months
- Personal Identification Document: HKID card or passport
- Income Proof: Recent pay slip, your bank statement or bank book (with your name and account number) showing your recent income, your recent income tax bill, proof of your last MPF contribution, employment letter or contract, etc.
- Address Proof: Recent bank statement, credit card statement, water bill, telephone bill etc. If your address is shown on your income proof, you will be exempted from submitting the address proof.
- Other documents (if necessary)
- For more details, please click here
- APR is calculated according to the method set out in the relevant guidelines under the Code of Banking Practice issued by the Hong Kong Association of Banks as the basis.
- If the loan amount is $1,500,000, the monthly flat rate for 12 months is 0.063%, if the loan is approved finally by the Company, the APR for 12 months is 3.30%, with a handling fee of 1% per annum included, the total loan repayment amount is HK$1,511,340.
- Example is for reference only, APR may differ with different loan amounts and tenors.
- For enquiries, please refer to OCBC Bank (Hong Kong) Limited - Personal Loan website.
- To borrow or not to borrow? Borrow only if you can repay!
- Maximum loan amount of up to 18X monthly salary or HK$4,000,000 (whichever is lower)
- Max Loan Repayment Tenure: 60 months; 0% handling fee
- 7-Day Cooling-off Period - Early redemption fees and changes waiver with waiver on early redemption fee and charges
1. Hong Kong Permanent Identity Card
2. Latest residential address proof showing your name
3. For regular income earners, please enclose latest 1 month’s computer generated Payroll Slip or latest 1 month’s Bank Statements / Passbook showing name, account number and salary entries;
For irregular income earners, please enclose latest 3 months’ computer generated Payroll Slip or latest 3 months’ Bank Statements / Passbook showing name, account number and salary entries;
For self-employed applicants, please enclose a Business Registration Certificate AND latest Profits Tax Demand Note
- The Annualised Percentage Rate is 1.85% (for clients with loan amount of HK$1,500,000 or above and tenor of 12 months). APRs are reference rates which include the basic interest rate and other applicable fees and charges of a product expressed as an annualised rate. This APR does not include cash rebate. The preferential interest rates are only applicable to clients who are not holding any Standard Chartered Credit Cards at the time of this application, or clients who use the Bank’s auto-payroll services or SCB Priority Private / Priority Banking Customers. The Bank reserves the right to determine the applicable interest rate and handling fee, and to approve a loan application, which is to be considered on a case-by-case basis in accordance with the client’s credit records and other relevant factors as the Bank may consider in its absolute discretion. All offers are subject to Terms and Conditions
- The Annualised Percentage Rates (“APR”) are reference rates which include the basic interest rate and other fees and charges of a product expressed as an annualised rate (if applicable).
- Standard Chartered Bank reserves the right to determine the applicable interest rate and handling fee and acceptance of a loan application, which is to be considered on a case-by-case basis in accordance with the client’s credit records and other relevant factors.
- Eligibility: With fixed annual income of HK$96,000 or above; and Hong Kong permanent residents aged 20 or above
- The monthly flat rate shown above was rounded to 2 decimal places and for reference only.
- To borrow or not to borrow? Borrow only if you can repay!
- Monthly flat rate as low as 0.11% (Annualised percentage rate: 6.38%)
- The Loan Set Up Fee is 2% of the loan amount. The Loan Set Up Fee shall be calculated by reference to the principal amount of the loan at the rate specified by the Bank from time to time and shall be deducted from the loan principal amount upon drawdown of the loan and is non-refundable
- High loan amount up to HK$2,000,000 or 21x monthly salary (whichever is lower)
- Flexible repayment period of up to 84 months
- Reduce interest expense by up to 93%
- No income proof is required
1. HKID card
2. Latest 3 months’ income proof
3. Address proof (issue date within 6 months)
4. Practicing certificate issued by relevant association, if you are a professional (e.g. medical doctor, accountant, lawyer or engineer)
5. Banking statement / passbook showing your name and account number
- APR is calculated in accordance with the guideline issued in respect of the Code of Banking Practice and is rounded to the nearest two decimal places. An APR is a reference rate, which includes all applicable interest rates, fees and charges of the product, expressed as an annualized rate. The APR in the above table has included Loan Set Up Fee of 2% in the calculation. Loan Set Up Fee shall be deducted from the loan principal amount upon draw down of the loan and is non-refundable
- Terms and conditions apply. For details, please visit DBS website
- The above information is for reference only, the final approved interest rate, loan amount and instalment period are subject to the financial condition of customers.
- To borrow or not to borrow? Borrow only if you can repay!
- Relevant fee applies if a customer early pays off the Loan. For details, please refer to the Personal Instalment Loan Terms and Conditions.
- Fixed monthly flat rate as low as 0.15% with any loan amount
- APR as low as 3.36% and repayment period up to 60 months
- Rewards up to HK$3,000
- Loan amount up to HK$2,000,000
- 0% handling fee for online application
- No income proof required for property owners/BEA auto-payroll customers
- Hong Kong Identity Card
- Income Proof
Additional documents may be required for approval of application
The Annualised Percentage Rate ("APR") as shown is calculated according to the standard method set out in the Code of Banking Practice and is rounded up or down to the nearest 2 decimal places, and includes the full arrangement fee waiver. The APR is for reference only. Please note that the APR stated in the loan confirmation letter will not include any cash rebate. Actual APRs and monthly repayments may differ, and the details stated in the loan confirmation letter shall prevail.
- The loan amount can be up to 16 times the applicant’s basic monthly salary (maximum HK$2,000,000). The final approved loan amount, based on a multiple of the applicant’s monthly salary, is subject to change in accordance with individual circumstances.
- If the requested loan amount is approved in full, The Bank of East Asia, Limited will not notify the applicant. The Loan amount will be credited to the applicant’s designated bank account directly.
- In case of dispute, the decision of MoneyHero and BEA shall be final and conclusive
- Terms and conditions apply. To borrow or not to borrow? Borrow only if you can repay!
- APR as low as 1.99% (monthly flat rate as low as 0.11%); HK$0 handling fee
- 1-minute approval; no income proof is required if you have maintained an auto payroll account with HSBC for one month or above
- Borrow up to HK$3,000,000 or 23 times your monthly salary, whichever is lower
- Flexible repayment period from 6 months to 60 months
- Cash withdrawal from over 1,000 HSBC's ATMs and branches
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The promotional period for the offers is from 7 August 2025 to 2 September 2025. Only applicable to selected Payroll customers who successfully apply for and draw down an approved loan of HK$1,500,000 or above during the promotional period. For a repayment period of 12 months, the monthly flat rate is 0.11%, the Annualised Percentage Rate (APR) is 2.47% (without any cash rebate and RewardCash) or 1.99% (taking into account HK$2,500 cash rebate and $1,300 RewardCash). The APR is calculated using method specified in relevant guidelines issued by The Hong Kong Association of Banks, and is rounded up or down to the nearest two decimal places. An APR is a reference rate, which includes all applicable interest rates, fees and charges of the product, expressed as an annualised rate. For your eligible rates, please call our hotline 2748 8080, log on to HSBC Online Banking or the HSBC HK App for details.
-
It comprises the total sum of up to HK$12,000 cash rebate and $4,000 RewardCash under the Successful Application Offer. Payroll customers who successfully apply for and draw down an approved loan of HK$1,500,000 or above with a repayment period of 60 months during the promotional period will be eligible for a total sum of up to $16,000 rebate. Terms and conditions apply.
- Processing time may vary in some cases depending on the actual circumstances of individual applications
- Minimum redraw is HK$3,000 and you must have had a Personal Instalment Loan account for at least 3 months. The Bank reserves the final right of allowing customers to redraw or not and has sole discretion to determine the redrawn amount and tenor
- Applications have to be submitted during the Bank’s service hours (Monday to Friday: 9 am - 8 pm, Saturday: 9 am - 5 pm, Sunday and public holidays: 12 noon - 12 midnight, or individual branch’s opening hours) with all required information (including without limitation a valid HSBC banking account number) and documents. The actual turnaround time starts when all the required information is successfully inputted into the Bank’s application evaluation system and the Bank may provide the instant application result and fund disbursement. Processing time may vary in some cases depending on the actual circumstances of individual applications.
- The actual repayment amount is subject to final approval
- Offer examples above are for reference only.
- Terms and conditions apply. For details, please refer to HSBC’s website. The monthly repayment amount, monthly flat rate, Annualised Percentage Rate (APR) and total interest amount shown are for indication only and are not meant to be final.
-
Terms and conditions apply. Please visit our website hsbc.com.hk/loan for all details, and terms and conditions regarding this promotion.
- Issued by The Hongkong and Shanghai Banking Corporation Limited
- To borrow or not to borrow? Borrow only if you can repay!
- APR as low as 0.78%*
- Loan amount up to HK$1,500,000 or up to 18x monthly salary (whichever is lower)
- Enjoy up to HK$29,586 rewards upon successful application and drawdown of specified loan amount
- Complete your application in as fast as 3 steps
- **After get your loan in 1 day at the earliest with HKD 0 handling fee
- Smart Management in 1 App - Complete loan applications, approvals, and management in 1 app, truly simple and convenient!
- Intelligent Financial Health Analysis - Free and unlimited access to credit score assessments.^
Employed - Regular Income:
Latest 1 month income proof, and
A recent address proof issued within the last 3 months
Freelancer or Employed - Variable income:
Latest 6 months income proof, and
A recent address proof issued within the last 3 months
Business Owner:
Latest 3 months personal bank statement, and
Latest 6 months company bank statements or salary tax demand note, and
A recent address proof issued within the last 3 months
- **The estimated period is calculated from the day the loan agreement is signed. The actual approval period and the actual time the loan is disbursed may vary upon information provided by the applicants.
- The above APR is applicable for designated loan product with loan amount of HKD 600,000 and tenor of 39 months, including a cash rebate of HKD 9,000 and total repayment amount will be HKD 616,818.60. The APR will be 0.78% (including a cash rebate of HKD9,000) or 1.68% (without any cash rebate). The APR is calculated according to the guidelines issued in respect of the Code of Banking Practice and rounded to the nearest 2 decimal places and may vary for individual customers. The APR is a reference rate, which includes all applicable interest rates, fees and charges of the product, expressed as an annualized rate.
- We reserve the right to request customers to provide additional supporting documents for the loan application. The actual time for loan approval and the loan disbursement may vary depending on the information provided by the customer and are subject to the credit assessment result. Any loan application is subject assessment against normal lending criteria.
- ^Subject to terms and conditions. Customers must meet specified requirements, and actual circumstances may vary depending on individual situations. For details, please refer to the relevant terms and conditions on the WeLab Bank official website.
- To borrow or not to borrow? Borrow only if you can repay!
- APR as low as 1.5%
- Handling fee wavier
- Loan amount up to HK$3,000,000 or 12 times of monthly salary (whichever is lower)
- APR 1.50% is only applicable to Private Banking or Private Wealth customers of the Bank whose latest Credit Score of TransUnion is within AA grade, loan amount of HK$3,000,000 with 6 months repayment period, and holding a valid HK$ Savings Account / Checking Account in the Bank as repayment account
- The APR is calculated according to the standard of Hong Kong Association of Banks and rounded to two decimal places. An APR is a reference rate which includes the basic interest rates and other applicable fees and charges of the product expressed as an annualized rate. Interest is charged daily and calculated on the basis of 365 days per year
- For Personal Installment Loan amount of HK$100,000 with 12 months repayment period, the monthly flat rate is 0.27% (APR 6.11%), and the total loan repayment amount is HK$103,248 (handling fee is waived). The above example is for reference only. The loan application and terms of the loan are subject to the Bank's approval. The actual APR may vary for individual customer and the final interest rate will be subject to credit condition of the customer
- China Construction Bank (Asia) Corporation Limited reserves the right of final decision on the interest rate and approval result
- To borrow or not to borrow? Borrow only if you can repay!
- The above example is for reference only. The actual APR, total interest and repayment amount may vary for individual customer and subject to the loan amount, repayment period and credit condition of the customer, please contact the staff of the Bank for details.
- Open a Mox Account successfully with the invitation code "MHCASH10", successfully apply for Mox Instant Loan via MoneyHero from now till 1 September 2025, after successful approval to enjoy up to HK$4,500 MoneyHero Exclusive Offer.
- Existing Mox customers can also earn HK$1,000 upon a successful loan application of HK$70,000 or above !
- The APR in app is "What you see what you get ", which means we are very transparent of the rate we can offer, compared to other banks that need to wait few hours or days to get the quotation.
- A guranteed 3.33% apr for all instant loan 500k, regardless of tenor
- Convenient to apply - in app, 24/7. Get your application result instantly, Get the cash as quick as one second to your Mox Account upon approval
- HKD 0 handling fee, receive the loan for the exact amount you apply for
- A flexible repayment period from 3 to 60 months
- Live chat available in the app if they want to know more
- Min to Max loan amount is 5k-2M
- No extra documents required apart from HKID. No extra documents required to top up instant loan. Complete the loan application in 5 mins!
- For an Instant Loan of HKD100,000 split into 60 monthly instalments, the Annualised Percentage Rate (APR) is 4.46%. With interest calculated on 365 days per year, the estimated daily interest amount is HKD6.31 (rounded to the nearest whole number).
- The fees for Instant Loan will be reviewed from time to time. General terms and conditions (in particular, Part B: Instant Loan of Schedule 3) and the Instant Loan Key Facts Statement apply. Details are available in the ‘Legal documents’ section of our website.
HKID
- You need to have a Mox Credit account. Your maximum loan amount depends on your available credit limit.
- Instant Loan Cash Reward Promotion Terms and Conditions apply. For an Instant Loan on a Mox Credit transaction of HKD500,000 spilt into 60 monthly instalments, the Annualised Percentage Rate (APR) is as low as 2.90% (which includes the cash reward of HKD6,888 which will be credited to your Mox Account on or before 31 July 2025), while the APR excluding cash rewards of Instant Loan Cash Reward Promotion is as low as 3.47%. If you apply to top up your active Instant Loan(s), the Eligible Instant Loan Amount applicable for this promotion will be additionally borrowed principal amount on top of the outstanding principal amount of your active Instant Loan(s)
- The fees for Instant Loan will be reviewed from time to time. General terms and conditions (in particular, Part B: Instant Loan of Schedule 3) and the Instant Loan Key Facts Statement apply. Details are available in the ‘Legal documents’ section of our website.
- The actual turnaround time may vary depending on the actual circumstances of individual applications.
- Terms and conditions apply, please refer to Mox website or Mox app for details.
- To borrow or not to borrow? Borrow only if you can repay!
- APR as low as 1.68%#
- Loan amount up to HK$2,000,000 or 14 times your monthly income (whichever is lower)
- Repayment tenor up to 60 months
- Only HKID Card is required, no need submit address & income proof for instant approval and loan disbursement
- HKID Card
- Latest 1 month's income proof
- Latest 3 months' proof of current residence
- Promotion period is valid from now till 31 December 2025 (both dates inclusive)
- #APR as low as 1.68% is only applicable to "Selected Customers". Assuming that the approved loan amount is HK$1,990,000, with a 12-month loan tenor and 0.1338% monthly flat rate, APR including the HK$13,888 cash rebate is 1.68%. An APR is a reference rate which includes the basic interest rate and other fees and charges of a product expressed as an annualized rate.
- Subject to relevant terms and conditions. For details, please visit Dah Sing Bank website. In the event of discrepancies between the Chinese version and English version of this page, the Chinese version shall prevail.
- To borrow or not to borrow? Borrow only if you can repay! The service(s) / product(s) mentioned herein is / are not targeted at customers in the EU.
- Annualised Percentage Rate as low as 5.91%; APR includes the handling fee 2%
- Handling fee refers to the loan setup fee. The Loan Set Up Fee is 2% of the loan amount. The Loan Set Up Fee shall be calculated by reference to the principal amount of the loan at the rate specified by the Bank from time to time and shall be deducted from the loan principal amount upon drawdown of the loan and is non-refundable.
- Loan amount up to HK$2,000,000 or 20x monthly salary (whichever is lower), flexible repayment period of up to 60 months
- No income proof is required
- Anytime to redraw your repaid principal
1. HKID card
2. Latest 3 months’ income proof
3. Address proof (issue date within 6 months)
4. Practicing certificate issued by relevant association, if you are a professional (e.g. medical doctor, accountant, lawyer or engineer)
5. Banking statement / passbook showing your name and account number
- Minimum salary requirement: fixed annual income of HK$80,000 or above
- APR as low as 5.91%: The APR of 5.91% is calculated based on the loan amount of HK$1,500,000, a monthly flat rate of 0.09%, and instalment period of 12 months, including a Loan Set Up Fee of 2%.
- Rewards are subject to Terms and Conditions, please refer to DBS website for details
- The Annualized Percentage Rate (“APR”) is calculated in accordance with the guideline issued in respect of the Code of Banking Practice and is rounded to the nearest two decimal places. An APR is a reference rate, which includes all applicable interest rates, fees and charges of the product, expressed as an annualized rate. The APR in the above table has included Loan Set Up Fee of 2% in the calculation. Loan Set Up Fee shall be deducted from the loan principal amount upon draw down of the loan and is non-refundable
- The monthly flat rate here is for reference only. The interest rate applicable to a customer is subject to his/her financial condition and is solely determined by DBS. Terms and conditions apply. For details, please visit DBS website
- Relevant fee applies if a customer early pays off the Loan. For details, please refer to the Personal Instalment Loan Terms and Conditions.
- To borrow or not to borrow? Borrow only if you can repay!
- 1-on-1 loan service consultation. Providing customized repayment plan to well suit your needs
- Annualized Percentage Rate as low as (“APR”) 5.28% (monthly flat rate as low as 0.2345%) calculated based on loan amount HK$1,500,000 and 12-month tenor, interest rate offered is determined based on customers’ credit quality and the personal information submitted.
- Loan amount up to 23 times of monthly salary or a maximum of HK$2,000,000 (whichever is lower)
- Cash amount up to 10 times of monthly salary can be directly credited to your designated bank account
- Tenor up to 72 months for your selection
- HK$0 Handling fee
1. HKID
2. Mobile phone number
3. Residential or mailing address proof
- To enjoy the personalized interest rate, and/or other privileges, customers must submit the application of the Fubon Balance Transfer Personal Loan and successfully drawdown 23 June 2025 and 2 October 2025, both dates inclusive.
- All applicants must be Hong Kong permanent residents over 18 years old and annual income at HK$60,000 or above.
- Personalized interest rate offered is determined based on customers’ credit quality and the personal information submitted. Annualized Percentage Rate (“APR”) as low as 5.28% is calculated based on a monthly flat rate of 0.2345%, loan amount of HK$1,500,000 and repayment period of 12 months. For a loan amount of HK$500,000 with 60 months repayment period, Annualized Percentage Rate (“APR”) is 8.46%, the monthly flat rate applicable is 0.368%, and the total loan repayment amount is HK$610,400 (0% handling fee). The above example is for reference only. APR for each customer may vary and subject to final approval result. The above APR, calculated in accordance with the guidelines as set out in the Code of Banking Practice, is a reference rate expressed as an annualized rate which includes the basic interest rate of the loan.
- Customers have to submit the required personal information and/or all necessary documents to Fubon Bank (Hong Kong) Limited (the “Bank”) for final approval after the preliminary approved result has been obtained. Final approval of the application will be subject to the Bank’s decision upon collection of the necessary documents. The Bank reserves the final decision to disapprove any application and determine the approved loan amount.
- Cash amount for customer usage will be credited to the customer's designated bank account. The designated bank (except the Bank) may impose a remittance charge on the customer's designated bank account for such transfer. For the balance transfer, the Bank, on behalf of the customer, shall use the final approved loan amount to settle the outstanding balance of the customer's designated credit card and personal loan. In any circumstances, the Bank shall not be liable for any interest and/or charges imposed by other banks or financial institutions as a result of the customer's application of Fubon Balance Transfer Personal Loan . The Bank also has final discretion in determining the loan drawdown method. The relevant loan confirmation letter will be sent to customers by mail.
- Customers are required to provide Telephone Banking Identification Number (“TIN”) for customer identity authentication when performing enquiry of the new personal loan account via the Fubon Bank Integrated Customer Service Hotline after successful approval of the loan. Please visit any Fubon Bank branches in person to apply if you do not have a TIN after loan drawdown. TIN will then be sent to you by mail.
- The Bank reserves the right to offer other interest rates, loan tenors or personal loan plans subject to the approval result of each customer.
- If the Cash Coupon(s) are out of stock, the Bank has the sole discretion to offer a different coupon as replacement. Cash Coupon(s) are not exchangeable with cash. The use of Cash Coupon(s) shall be subject to the terms and conditions stated on the Cash Coupons. Cash Coupon(s) are provided by respective merchant and the Bank makes no representation or guarantee as to the quality and availability of the products, services, or information provided by the merchant. The Bank shall not be liable for any matters arising from or in connection with the products, services, or information provided by the merchant.
- 7-Day Cooling-off Period:
- The 7-Day Cooling-off Period is applicable to the Customer who has successfully applied and drawdown for Fubon Personal Loan and is required to call Fubon Personal Loan Express Approval Hotline at 2806 5050 in person and repay the full Installment Loan Amount within 7 calendar days immediately following the date of drawdown of the Installment Loan (“the due date of Cooling-off Period”). For such successful applicants, an Early Settlement Fee and related loan interest will be waived.
- Under Fubon Personal Loan, customer can only early settle Fubon Personal Loan during the 7-Day Cooling-off Period and enjoy waiver of the Early Settlement Fee ONCE only in each quarter. Customer will no longer be entitled to any promotional offer in relation to Fubon Personal Loan.
- If the customer fails to repay the full Installment Loan Amount on or before the due date of Cooling-off Period, the application for Cooling-off Period will be cancelled automatically. If the Customer needs to do early repayment or cancel Fubon Personal Loan subsequently, the Bank will charge all the outstanding due under the Loan (including principal and interest, and in respect of the accrued interest this shall be calculated for the period up to the next repayment Due Date or before), an Early Settlement Fee and Late Payment Fee and Charge (if applicable) in accordance with the Fixed Term Personal Loan List of Service Charges.
- The Bank reserves the right to suspend, vary or cancel the promotion offer and amend the relevant terms and conditions at any time without prior notice. In case of disputes, the decision of the Bank is final and conclusive. Should there be any inconsistency between the English and Chinese versions of the terms and conditions, the English version shall prevail.
- Other than the bank and the customer, no third party will have any right under the Contracts (Rights of Third Parties) Ordinance to enforce or enjoy the benefit of any of the terms and conditions herein.
- These terms and conditions are governed by the laws of the Hong Kong and the customer agrees to submit to the non-exclusive jurisdiction of Hong Kong courts in respect of any dispute which may arise out of or in connection with these terms and conditions.
- To borrow or not to borrow? Borrow only if you can repay!
- Terms and conditions apply. For details, please visit Fubon Bank website
- Loan amount as high as HK$2,000,000 or 21 times of your monthly salary (whichever is lower)
- Loan tenor as long as 72 months with personalized interest rate
1. HKID card / passport / other identification document
2. Bank statement or passbook showing your latest 1-month income proof (including the copy of front cover page of your passbook which shows your name and account number) or any type of income proof.
Please provide the latest 2-month income proof if you are commission based income earner
3. If you are self-employed, please provide Business registration certificate and the latest profits tax demand note, and
the latest 3-month company account statements
4. Residential address proof showing your name issued within the latest 3 months (e.g. electricity bills or bank statements)
5. Proof of professional qualification (For professionals only)
6. If you are not holder of Hong Kong permanent identity card, please submit passport/ Exit/ Entry Permit for Travelling to and from Hong Kong and Macau/ identity card of place of origin and working visa issued by the Hong Kong SAR Government
7. Full copy of the front cover page of passbook / bank statement of the loan disbursement account
8. Autopay authorization form
9. Loan confirmation letter(s) or latest 1-month statement(s) (showing your name and account number) of credit
card(s) and loan(s) that you wish to transfer to $martPlus Debt Consolidation
- The APR is calculated in accordance with the practices and methods set out in the relevant guidelines issued by the Hong Kong Association of Banks. An APR is a reference rate which includes the basic interest rate and other applicable fees and charges expressed as an annualized rate. The respective APRs are rounded to the nearest two decimal places.
- Monthly flat rate as low as 0.20% (Annualized percentage rate is 6.46% with repayment tenor of 12 months and include 1% handling fee per annum).
- The examples are for reference only. The APR will be determined based on the customer's credit rating and other relevant loan approval factors, and the bank reserves the final discretion to approve the loan application and to determine the applicable interest rate and handling fee.
- Terms and conditions apply. To borrow or not to borrow? Borrow only if you can repay! Please visit the website
Need Help with Choosing Bank Loans?
If your loan application is rejected, you can find out why and work on improving your credit score or financial situation. You might also consider applying to a different bank or financial institution with different eligibility criteria or loan products that fit your needs better. Seeking advice from a financial advisor or credit counsellor could also help improve your financial situation for future loan applications.
Bank loans might not be the best option if you need cash urgently as their approval process is usually longer and may require more documentation. However, some banks and financial institutions offer personal loans with quick approval and disbursement of funds. It's important to compare different loan options, including interest rates, fees, and repayment terms, before deciding.
Late payment on bank loans can result in late payment fees, additional interest charges, and a negative impact on your credit score. It could also lead to legal action, such as a lawsuit or repossession of collateral for secured loans. Making payments on time and in full can help you avoid these consequences and maintain a good credit score.
Repaying a bank loan before the due date can have several benefits. It can reduce the amount of interest paid over the life of the loan, improve your credit score, and help save money on interest charges. However, it's important to check with the bank for any early repayment fees or penalties before making an early repayment.
Bank Loans Information
What type of loans do banks usually provide?
Banks provide different types of loans, such as personal loans, mortgage loans, car loans, and business loans. Personal loans are versatile and don't require collateral, while mortgage loans are secured and are used to buy or refinance property. Car loans finance the purchase of a vehicle, and business loans are used for financing business operations or expansion.
What are the basic requirements for a loan application from banks?
You will also need to provide documents such as proof of identity (e.g. Hong Kong ID card or passport), proof of income (e.g. salary slips or tax returns), and collateral for some loans. However, some banks may have different or extra requirements for loan applications.
What Are the Required Supporting Documents for Loan Applications?
The required supporting documents for loan applications can be different based on the lender and the type of loan you are applying for. In general, the following documents are typically required when applying for a loan:
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Identity Proof: This could be in the form of a Hong Kong ID card or a passport.
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Proof of Income: This may include a salary statement, bank statement, or tax returns.
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Proof of Address: This might involve providing a utility bill or a bank statement.
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Proof of Employment: This could entail an employment contract or a letter from your employer.
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Collateral Documents: If the loan requires collateral, you will need to provide documents related to the collateral, such as a property deed or a vehicle registration.
What is the procedure for a loan application from banks?
The process for a loan application from banks differs, and it usually depends on the bank and the type of loan you are applying. However, some common steps include comparing loan options, checking the eligibility criteria and required documents for the chosen loan, submitting the loan application form and required documents to the bank, waiting for the bank to process the application. If the bank approves your application, then you will need to sign the loan agreement to receive the funds.
How Long Does the Loan Application Process Take?
The loan application process from banks usually lasts several days to a few weeks, depending on the loan type, lender, and your financial situation. Personal loans, which usually have a more straightforward process, can often be approved in as little as one hour. Meanwhile, complex mortgage loans could take up to 60 days.
What do I need to consider when applying for bank loans?
When you’re applying for bank loans in Hong Kong, it is important to first consider these factors - (i) Annual Percentage Rate (APR) and fees, (ii) loan amount and repayment terms, (iii) prerequisites for application and required documents, (iv) credit history and credit score, (v) the ability to repay and financial stability, and (vi) penalties for late payments or early repayment. You should compare loan options from different banks and choose the one that aligns best with your needs and financial situation.
What Is the Difference between Bank Loans and Loans from Lending Companies?
Bank loans and loans from lending companies are different in terms of interest rates, loan amount, eligibility criteria, repayment terms, and the application process:
Overview of Popular Loan Products on MoneyHero: Repayment Periods and Maximum Annual Percentage Rates (APR)
| Loan product | Repayment period | Highest APR | Example |
| Promise Easy Loan | 3 Months - 84 Months | 4.49% or above, the highest is 48% | Loan amount of HK$200,000 with a 36-month repayment period, at an APR of 4.49%, the monthly repayment amount is HK$5,940, and a total repayment amount of HK$213,840 |
| PrimeCredit Fixed Loan | 3 Months - 72 Months | 1.18% or above，the highest is 48% | The monthly repayment amount is HK$839, the total interest expense is HK$68, and the total repayment amount is HK$10,068 for a Loan amount of HK$10,000 with an interest rate of 0.6% per annum and a repayment period of 12 months |
| WeLend Personal Loan | 3 Months - 84 Months | 1.88% or above, the highest is 48% | Loan amount of of HK$240,000 with a 36-month repayment period, at an APR of 3.03%, the total repayment amount is HK$251,189 |
| DBS Debt Consolidation Loan | 3 Months - 84 Months | 6.38% or above, the highest is 30.57% | Loan amount of HK$200,000 with a 48-month repayment period, at an APR of 10.42%, inclusive of a 2% loan opening fee, a monthly repayment amount of HK$4,967, and a total interest expense of HK$38,416 |
| UA「NO SHOW」Personal Loan | 3 Months - 60 Months | 1.68% or above, the highest is 48.00% | Loan amount of HK$10,000, at an APR of 30%, 6 months instalment, the monthly repayment amount is HK$1,815, total repayment of HK$10,890 |
| Standard Chartered Personal Instalment Loan | 12 Months - 60 Months | 1.85% or above, the highest is 36% | Loan amount of HK$200,000 with a 24-month repayment period, at an APR of 6.28%, the monthly repayment amount is HK$8,873.33 repayment per month and a total interest expense of HK$12,960 |
| CNCBI $mart Plus Personal Instalment Loan | 12 Months - 72 Months | 1.65% or above, the highest is 38.08% | Loan amount of HK$200,000 with a 24-month repayment period, at an APR of 5.03%, handling fee of 1% of loan amount per annum, handling fee of HK$4,000 for the whole term, flat rate per month: 0.129%, total interest for the whole period of HK$6,192 |
| Citi Speedy Cash Personal Loan | 6 Months - 60 Months | 1.78% or above, the highest is 35.78% | Loan amount of HK$3,500,000 with a 12-month repayment period, at an APR as low as 1.78% |
| PrimeCredit Civil Servant & Professional Loan | 3 Months - 72 Months | 1.18% or above, the highest is 48% | Loan amount of HK$10,000 with a 12-month repayment period, at an interest rate of 0.6% per annum, the monthly repayment amount is HK$839, the total interest expense is HK$68, and the total repayment amount is HK$10,068 |
| CNCBI $mart Plus Personal Installment Loan - Debt Consolidation | 12 Months - 60 Months | 7.33% or above, the highest is 38.08% | Loan amount of HK$20,000 with a 60-month repayment period, at an APR of 6.89%, fixed monthly fee of 0.20%, inclusive of 1% handling fee per annum, monthly repayment amount is HK$373 |
| BOC Express Cash Instalment Loan Balance Transfer | 12 Months - 60 Months | 5.93% or above, the highest is 32.51%。 | Loan amount of HK$20,000 with a 24-month repayment period, at an APR of 10.01%, inclusive of 1% handling fee per annum, monthly repayment amount is HK$9,173 |
| CCB (Asia) Personal Instalment Loan | 6 Months - 60 Months | 1.56% or above, the highest is 13.00% | Loan amount of HK$400,000 with a repayment period of 60 months, with a monthly repayment amount of HK$7,747 |
| WeLend Card Debt Consolidation Loan | 3 Months - 84 Months | 1.88% or above, the highest is 48% | Loan amount of HK$360,000 with a repayment period of 60 months, at an APR of 8.05%, and the total repayment amount is HK$422,578 |
| PrimeCredit Balance Transfer Loan | 3 Months - 72 Months | 1.18% or above, the highest is 48% | Loan amount of HK$10,000 with a repayment period of 12 months, at an interest rate of 0.6% per annum, the monthly repayment amount is HK$839, the total interest expense is HK$68, and the total repayment amount is HK$10,068 |
| AEON Flexi Loan | 6 Months - 60 Months | 4.49% or above, the highest is 36% | Loan amount of HK$600,000 with a repayment period of 12 months, at an APR of 4.49%, total interest of HK$14,400 and total repayment of HK$614,400. |
| Hang Seng Debt Consolidation Instalment Loan | 6 Months - 72 Months | 6.68% or above, the highest is 36% | Loan amount of HK$150,000 with a repayment period of 72 months, at an APR of 4.63%, and a total loan repayment amount of HK$171,604.80. |
| UA i-Money Express Online Personal Loan | 3 Months - 60 Months | 1.68% or above, the highest is 36% | Loan amount of HK$10,000 with a repayment period of 6 months, at an APR of 30%, a monthly repayment amount of HK$1,815, and a total repayment amount of HK$10,890 |
| Promise Easy Loan | 3 Months - 84 Months | 1.12% or above, the highest is 48% | Loan amount of HK$200,000 with a repayment period of 36 months, at an APR of 4.49%, a monthly repayment amount is HK$5,940 and a total repayment amount of HK$213,840 |
| CreFIT ClearCard Debt | 3 Months - 24 Months | 1.98% or above, the highest is 36% | Loan amount of HK$200,000 with a repayment period of 24 months, at an APR of 8%, a monthly repayment amount is HK$9,019.33 and a total repayment amount of HK$16,464.00 |
| OCBC Bank Personal Loan | 6 Months - 60 Months | 2.16% or above, the highest is 36% | Loan amount of HK$1,500,000 with a repayment period of 12 months, at an APR of 2.16% (including HK$9,000 cash rebate) or 3.30% (excluding cash rebate), inclduing the annual 1% handing fee, total repayment amount is HK$16,464.00 |
Best Bank Loans Products
If you are in search of the perfect bank loan, we’ve got you covered with our top recommendations for each loan category. From the offer with the lowest APR to the one with the highest rebates, we’ve identified the best bank loan products that suit your needs.