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Flexible use of funds
Personal instalment loan for your education, marriage, medication need or any other surprises:
| Loan feature | Manage your financial plan with budgeted repayment amount. |
| Loan amount | Up to HK$800,000 or 6x your monthly salary (whichever is lower). |
| Loan tenor | A choice of 12 to 48 months. |
| Fund disbursement | • Funds will be disbursed to designated
account. • Same day fund disbursement1 may be available at our Standard Chartered Credit Cards and Personal Loan Centres. |
| Flexible refinancing | You may withdraw your available loan amount via Standard Chartered ATM or JETCO machines. |
Successfully apply for and drawdown Standard Chartered Personal Instalment Loan to enjoy the following:
Personal Instalment Loan Monthly Repayment Table - Exclusive for Privileged Customers^
| Loan Amount （HK$） |
Interest Rate (Monthly Flat) |
Monthly Repayment Amount (per HK$1,000) (Annualized Percentage Rate) |
|||
| Loan Tenor | |||||
| 12 Months | 24 Months | 36 Months | 48 Months | ||
| $5,000 - $19,999 | 0.48% | $88.14 （14.18%） |
$46.47 （14.67%） |
$32.58 （14.78%） |
$25.64 （14.81%） |
| $20,000 - $49,999 | 0.32% | $86.54 （10.32%） |
$44.87 （10.73%） |
$30.98 （10.87%） |
$24.04 （10.94%） |
| $50,000 - $199,999 | 0.22% | $85.54 （7.95%） |
$43.87 （8.29%） |
$29.98 （8.43%） |
$23.04 （8.51%） |
| $200,000 - $499,999 | 0.14% | $84.74 （6.07%） |
$43.07 （6.35%） |
$29.18 （6.47%） |
$22.24 （6.55%） |
| $500,000 or above | 0.10% | $84.34 （5.14%） |
$42.67 （5.38%） |
$28.78 （5.50%） |
$21.84 （5.57%） |
Each of the monthly repayment amounts shown in the table above includes a handling fee of 1.5% p.a.. The Annualized Percentage Rates ("APR") in parentheses above are calculated in accordance to the Net Present Value Method as specified in the Code of Banking Practice. Interest is calculated on the basis of a 365 or 366-day year (where applicable).
^ Privileged customers are determined based on the customers' credit record. Standard Chartered Bank (Hong Kong) Limited (The "Bank") has the absoulte right to determine the approval of the loan and the final interest rate.
^ Privileged customers are determined based on the customers' credit record. Standard Chartered Bank (Hong Kong) Limited (The "Bank") has the absoulte right to determine the approval of the loan and the final interest rate.
Remarks:
| 1. | "Same Day Fund Disbursement" is only applicable to Personal Instalment Loans Customers. Customers are required to apply in person at the designated Credit Cards & Personal Loan Centre located at Mongkok and Tsuen Wan and submit all the required documents and information on or before 3pm on the same application date. |
| # | The Bank will have a designated staff to follow up with the customer one to two working days after receiving the SMS. Individual telephone network provider will charge for the SMS in accordance with their own policy. |
Standard Chartered Personal Instalment Loan Program Terms and Conditions:
- The Bank reserves the right of final approval of this application and is under no obligation to provide reasons. The Bank also reserves the right to determine the final interest rate, loan amount and offers offered.
- Total loan amount drawdown will be subject to a 1.5% per annum handling fee. The Bank will deduct the handling charge from the final approved loan amount.
- The Bank reserves the right to alter or terminate the offer and amend the contents or terms and conditions of this promotional leaflet at any time.
- In case of any dispute, the decision of the Bank shall be final.
The prevailing pricing is offered to you based on the credit assessment upon your loan
approval. The Bank has the right to modify your pricing with 30 days advance notice based
on the credit assessment from time to time including, but not only limited to, your
repayment record, credit bureau grading and the Bank’s prevailing credit policy. Besides 30
days advance notice, the Bank will attempt to do this with minimal change in your
instalment amount.
