Personal Loan
Customers who successfully apply CMB Wing Lung Personal Loan are entitled to enjoy:
- Annualised Percentage Rate as low as 2.55%
- Loan amount of up to HK$1,000,000or 12 times your monthly salary (whichever is the lower)
- Flexible Repayment tenor of up to 60 months
Remarks:
-
Annualised Percentage Rate (“APR”) is a reference rate which includes the basic interest rate and other fees and charges of a product expressed as an annualised rate. APR is calculated according to the method set out in the Code of Banking Practice. Maximum APR is 36% with a repayment period of 6 to 60 months, subject to the relevant terms and conditions. The loan application is subject to the Bank’s approval.
For a loan amount of HKD1,000,000 with a repayment period of 12 months, the monthly flat rate is 0.072% (APR 2.55%), and the total repayment amount is HKD1,008,640 and the handling fee is HKD5,000. The above example is for reference only.