Education Loan

Education Loan" - for the Students of School of Continuing & Professional Studies, The Chinese University of Hong Kong

"Education Loan" is specially tailored for those who join the continuing studies program for the students of School of Continuing & Professional Studies, giving them added financial flexibility.

Greater Flexibility

Loan amount can be as high as 100% of course fee or 3 times of borrower's monthly salary, whichever is lower (Minimum: HK$5,000; Maximum: HK$100,000) with a flexible repayment tenor up to 18 months.

Low Interest Rate with "Handling Fee Waiver for the Whole Repayment Period"

Interest rate can be as low as 0.3% per month flat. In addition, you can enjoy a "handling fee waiver for the whole repayment period" which enables you to manage your finance comfortably.

Monthly Instalment Table (per HK$10,000)
Flat Rate per month Monthly Instalment (Annualized Percentage Rate)
6 months 12 months 18 months
0.30% $1,696.70 (6.33%) $863.40 (6.80%) $585.60 (6.94%)

 

Other Privilege :

Perpetual annual fee waiver for Wing Lung Credit Card during repayment period

Application Requirement :
  • Applicants must be students of the School of Continuing & Professional Studies, The Chinese University of Hong Kong.
  • Applicants must be Hong Kong permanent residents of age between 21 and 60 and work in Hong Kong with present employer for at least 6 months with a monthly salary of HKD5,000 or above.
  • For students without solid income proof, a guarantor (direct relative) who fulfill criteria 2 is required.
Documents Required :​
  • Hong Kong Identity Card;
  • Latest salary / profit tax demand note;
  • Bank statement/passbook showing the name, account number and payroll for the last 3 months;
  • Residential proof for the last 2 months, e.g. electricity bill or property rates demand note (electronic bills are not accepted); and
  • Proof of course enrollment and course fee receipt/enrollment advice issued by the School of Continuing & Professional Studies, The Chinese University of Hong Kong.
Remarks:
  1. The Annualized Percentage Rate is calculated according to the methods set out in the relevant guidelines referred to the Code of Banking Practice, and is rounded up to the nearest two decimal places.
  2. Wing Lung Bank reserves the right to cancel or alter the above offers without prior notice.​
Easy Application

To apply "Education Loan", simply complete the application form and bring it along with the required documents to our Head Office or any of our branches

Enquiry Hotline : 2826 8222

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