Consumer Loan

Key Facts Statement/Schedule of Fees and Charges

Apply for an Instalment Loan successfully and draw down to enjoy the following offers:

Instalment Loan - Interest Rate Monthly Repayment Table

Remarks:

1. 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.

2. 0% handling fee is only applicable to Online/Branch application.

3. 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.

4. 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.

5. To promote responsible borrowing and reduce the risk of impulsive and excessive borrowing, our bank provide the cooling-off period to this loan product. Please refer to the notice for details.

 Terms and Conditions

Application Hotline: 2211 1438 09:00 a.m. to 7:00 p.m. (Monday to Friday) 09:00 a.m. to 2:00 p.m.(Saturday)(except public holidays)

General Notes:

• APR from 4.72% to 23.84%
• Repayment period from 12 to 60 months

Reminders about Responsible Borrowing

• You should have a clear understanding of your financial condition, daily expenses, and actual borrowing needs.
• should assess your repayment ability and avoid over-borrowing.
• You should repay any outstanding balance on time to avoid late payment charges and additional overdue interest.
• To borrow or not to borrow? Borrow only if you can repay!