Great for

• 

  Up to HK$3,000 cash rebate

  From 25 October 2022 to 29 December 2022, apply and draw down Handy Cash Personal Instalment Loan to enjoy privileged offers:

  • Up to HK$3,000 Cash Rebate for online application

  Drawdown Amount	Repayment Period	Cash Rebate
  HK$1,500,000 or above	36 months or above	HK$3,000
  HK$1,000,000 to HK$1,499,999	36 months or above	HK$2,000
  HK$500,000 to HK$999,999	36 months or above	HK$1,000
  HK$200,000 to HK$499,999	36 months or above	HK$500
  HK$50,000 to HK$199,999	36 months or above	HK$200

   

• 

  Product Features

  • Monthly flat rate as low as 0.08% (Annualized Percentage Rate as low as 1.78%) and 0% handling fee
  • Loan amount up to HK$3,000,000 or 24 times of your monthly salary (whichever is lower), and repayment periods up to 60 months
  • Further apply for a top-up on your repaid amount with no documents required

Need to know

• 

  Things you need to know

  • Monthly flat rate as low as 0.08% and APR as low as 1.78%:
    • For a loan amount of HK$1,500,000 or above, the APR of 1.78% is calculated based on a monthly flat rate of 0.08% and a 12-month repayment period, including 0% handling fee
    • The minimum loan amount is HK$5,000
    • If customer’s loan application cannot meet the approval requirements, Hang Seng Bank Limited may approve a loan to individual customers on a case-by-case basis but the interest rate offered may be adjusted. For details, please contact Hang Seng’s staff. Customers will be notified of the relevant adjusted interest rate upon loan approval

  • All annualised percentage rates are

    • calculated using the Net Present Value Method in accordance with the Code of Banking Practice;
    • reference rate which includes the basic interest rate and other fees and charges of a product expressed as an annualised rate if applicable.

  • Up to HK$3,000 Cash Rebate

    • It will be credited to customer's repayment account by 31 March 2023 without prior notice
    • Customers must have no record of default or early settlement of their instalment loans.
    • If customers settle their instalment loans ahead of schedule after the crediting of the rebate, he/she shall return the rebate in full to Hang Seng upon settlement of the loan.
    • Each eligible customer could enjoy each offer once only in the Promotion Period
  • The Annualised Percentage Rate ranges from 1.66% to 36.00%, with repayment period of 6 to 60 months. The loan application is subject to the Bank’s approval. For a loan amount of HK$100,000 with 12 months repayment period, the monthly flat rate is 0.3% (APR 6.78%), and the total loan repayment amount is HK$103,600.80, including 0% handling fee. The above example is for reference only
  • Hang Seng reserves the right to request additional documents from individual applicants on a case-by-case basis
  • To borrow or not to borrow? Borrow only if you can repay!