Personal Loan

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Chong Hing Personal Loan - Simple and Clear

Unlock more opportunities to achieve your dreams!

 

Loan Characteristics:

  • Annualized percentage rate as low as 3.31%(1)
  • Loan amount up to HK$1,000,000, or 12 times of monthly salary (whichever is lower)
  • Loan tenor as long as 60 months(2)

 

Application is Easy, Act Now !

Customer can apply for Chong Hing Personal Loan through

  • 24 Hours Online Application:(click here)
  • Chong Hing Mobile App
  • Chong Hing Loan Application Hotlineļ¼š3768 6899(3)
  • Visiting any branches of our bank.

 

Interest Rate Table of Chong Hing Personal Loan (click here)

 

(1) and (2):
The annualized percentage rate (“APR”) ranges from 3.31% to 27.40%, with repayment period of 12 to 60 months. APR is calculated according to the method set out in the relevant guidelines referred to in the ‘Code of Banking Practice’, and is rounded up or down to the nearest two decimal places. 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. The actual APR may differ from individual customers; the final interest rate will be subject to the financial status and credit check results of the customers. The Bank reserves the right of final decision on the interest rate and approval result, which shall be binding on customers and applicants.

Reference example: For a loan amount of HK$1,000,000, the APR of 3.31% is calculated based on a monthly flat rate of 0.1479% and a 12-month repayment period (including full handling fee waiver).

(3):
Business hours of the Chong Hing Loan Application Hotline:
Mondays to Fridays from 9:00 am to 6:00 pm
Saturdays from 9:00 am to 1:00 pm

 

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To borrow or not to borrow? Borrow only if you can repay!
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General Terms for Chong Hing Personal Loan (“Loan”):

1. Applicant aged 18 years or above holding a Hong Kong Identity Card (“Eligible Customer”) is eligible to apply for Chong Hing Personal Loan. Applicant may apply through the website of Chong Hing Bank Limited (“The Bank”), Chong Hing Mobile App, Chong Hing Loan Application Hotline or visiting any of the Bank’s local branches. The Bank shall base on its relevant approval requirements, including but not limited to Eligible Customer’s financial status and credit search results to determine whether or not to approve any Loan application and final interest rate. The Bank has no obligation to disclose the reason of its such determination. Eligible Customer whose Loan applicable is successfully approved shall receive the Bank’s notification of the approval result and Loan details by phone. If the approved Loan is not drawn in full within 30 days from such notification, the Bank’s approval shall be deemed as revoked and cancelled automatically without notice. The Bank may at its sole discretion adjust the approved Loan terms and conditions. Regarding the disbursement and drawing of the Loan approved, the applicant irrevocably instructs and authorizes the Bank to disburse / credit the loan proceeds into the applicant’s repayment Account with the Bank, and / or to disburse according to the applicant’s request which shall be deemed as drawn by the applicant. After full drawdown of the Loan successfully applied for, the Bank shall send its official Drawdown Advice to the customer concerned for record.
2. The Loan amount is at minimum of HK$10,000, and at maximum of HK$1,000,000 or 12 times of the Eligible Customer’s monthly salary (whichever is lower).
3. Loan repayment tenor may be of 12, 18, 24, 36, 48 or 60 months respectively.
4. If the Loan application by an Eligible Customer cannot fulfill the approval equirements of Chong Hing Personal Loan, the Bank may consider providing other loan of the Bank on a case-by-case basis with the consent of the Eligible Customer (if applicable). However, the interest rate, handling fee and/or repayment period of such other loan may be adjusted. The Bank will inform the Eligible Customer of such other loan’s finalized terms and conditions. If the Eligible Customer accepts the adjusted loan terms and conditions of such other loan, the Bank will credit such other loan approved into customer’s designated repayment Account at the Bank according to its relevant procedure.
5. The Bank’s “Terms and Conditions for Personal Instalment Loan” are also applicable to Chong Hing Personal Loan. Please browse the Bank’s website at www.chbank.com for their details and also Repayment Example of Chong Hing Personal Instalment Loan.
6. After approval of the Eligible Customer’s application for the Loan, the Bank shall lend to the Eligible Customer the Loan subject to these “General Terms for Chong Hing Personal Loan”, the Drawdown Advice issued by the Bank, terms of promotional offers (if applicable) and the “Terms and Conditions for Personal Instalment Loan”. After drawdown of the Loan, the Eligible Customer is deemed to have agreed to be bound by (in the event and to the extent of any inconsistencies among contents of the aforesaid documents, which shall be governed in descending priority of precedence as follows): the Drawdown Advice issued by the Bank, these “General Terms for Chong Hing Personal Loan”, the “Terms and Conditions for Personal Instalment Loan”, terms of promotional offer (if applicable) and the “Account Rules”.
7. The Bank reserves the right to cancel or amend the promotional offer (if applicable) and these “General Terms for Chong Hing Personal Loan” without prior notice.
8. The Chinese translation of these “General Terms for Chong Hing Personal Loan” is provided for reference only. In event and to the extent of any inconsistency between their English and Chinese versions, the English version shall prevail.
9. In case of any disputes arising from these “General Terms for Chong Hing Personal Loan”, the Bank reserves the right of final decision at its sole discretion which shall be binding on the customers and applicants concerned.
10. Key Facts Statement for Instalment Loan – Chong Hing Personal Loan (click here)
11. “Terms and Conditions for Personal Instalment Loan” (click here)
12. Repayment Example of Chong Hing Personal Instalment Loan (click here)

Apply Now

(852) 3768 6899