Mox Bank Instant Loan
Update time: Nov 2022
$
204,800
Total Repayment (as low as)
$
17,067
Monthly Repayment (as low as)
4.51
%
APR (as low as)
Monthly Flat Rate: 0.2%
Easy application, instant decision: Instant approval with no additional documents needed; Your loan will be credited to your Mox Account in an instant upon approval

Great for

  • Earn up to HK$350 cash reward with Split Purchase/ Group Split Purchase

    • From now until 15 November 2022, apply for Split Purchase or Group Split Purchase of a specific amount and repayment period and, upon approval, you can get a cash reward of up to HK$350:
    Total Amount of Split Purchase/Group Split Purchase Repayment Period Cash Reward You’ll Get
    HK$5,000 - less than HK$15,000 3 months or above
      HK$50
    HK$15,000 - less than HK$40,000 6 months or above
      HK$150
    HK$40,000 or above 6 months or above
      HK$350
  • Product Features

    • For an Instant Loan on a Mox Credit transaction of HK$500,000 into 60 monthly instalments, the Annualised Percentage Rate (APR) is as low as 0.85% (which this includes the cash reward of HK$5,500 which will be credited to your Mox Account on or before 31 January 2023), while the APR excluding cash reward of Instant Loan Cash Reward Promotion is as low as 1.29%.Instant Loan Cash Reward Promotion covers different Instant Loan size amount
    • Instant Loan Cash Reward Promotion covers different Instant Loan size amount
    • 24 x 7 Approval in as quickly as 3 minutes
    • You can know the monthly payment, APR and total payment in Mox app by choosing Instant Loan amount and repayment periods.
    • Instant Loan is available at the touch of a button in your Mox app, so you can apply anytime you need, 24/7.
    • Get real cash from Mox Credit from your own credit, 24/7 within Mox app
    • No additional documents required
    • HK$0 handling fee
    • The maximum loan tenor is 60 months

Need to know

  • Things you need to know

    • You need to have a Mox Credit account. Your maximum loan amount depends on your available credit limit.
    • For an Instant Loan on a Mox Credit transaction of HK$500,000 into 60 monthly instalments, the Annualised Percentage Rate (APR) is as low as 0.85% (which this includes the cash reward of HK$5,500 which will be credited to your Mox Account on or before 31 January 2023), while the APR excluding cash reward of Instant Loan Cash Reward Promotion is as low as 1.29%.The APR is calculated using methods specified in relevant guidelines as set out in the Code of Banking Practice. The APR is a reference rate, which includes all applicable interest rates, fees and charges of the product, expressed as an annualised rate. The APR for an Instant Loan is subject to Mox’s final decision on a case-by-case basis and the Mox Credit account status at the time Mox receives the Instant Loan application.
    • Instant Loan Cash Reward Promotion Terms and Conditions apply
    • The maximum amount of an Instant Loan depends on the status of your Mox Credit. For example, your maximum Instant Loan amount will vary depending on factors such as your available credit limit for Mox Credit (Mox will always leave you a buffer of HK$3,000 on your Mox Credit “available to spend”, after deducting the total repayment of your Instant Loan from your credit limit for Mox Credit to allow you to continue spending on Mox Credit)
    • The fees for Instant Loan will be reviewed from time to time. For more details, please refer to the General terms and conditions (in particular, Part B ‘Instant Loan of Schedule 3) and the Instant Loan Key Facts Statement on Mox website for details.
    • The actual turnaround time may vary depending on the actual circumstances of individual applications.
    • To borrow or not to borrow? Borrow only if you can repay!

Eligibility

Minimum Age
18 years old
Min. Annual Income
Not applicable
Citizenship
Permanent Resident

Fees

Handling Fee
0

Steps to Apply

1. Click "Apply Now" with your mobile device and download Mox Bank App from App Store or Google Play.

2. Create a Mox Account and apply for Mox Credit.

3. Apply for Instant Loan with Mox Credit.

4. Wait for approval.

Required Documents

1. HKID

2. Mobile phone number

3. Residential or mailing address proof

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