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Standard Chartered Personal Instalment Loan interest rate (APR) as low as 1.65%# with 0% handling fee

Happy young couple with a mobile showing "instant approval" text, promoting Standard Chartered Personal Instalment Loan

Standard Chartered Personal Instalment Loan interest rate (APR) as low as 1.65%# with 0% handling fee

Get a head start on your finances and be rewarded

Get quick cash to improve your financial status with Personal Instalment Loan and win Lucky Draw grand prize equivalent to round trip business class seats* for 2 to Europe. Limited offer from 1 March to 31 May 2024.

Remarks

#The Annualised Percentage Rate is 1.65% (for clients with loan amount of HKD$1,000,000 or above and tenor of 12 months). APRs are reference rates which include the basic interest rate and other applicable fees and charges of a product expressed as an annualised rate. This APR does not include cash rebate. The preferential interest rates and rate table are only applicable to clients who are not holding any Standard Chartered Credit Cards at the time of this application. The Bank reserves the right to determine the applicable interest rate and handling fee, and to approve a loan application, which is to be considered on a case-by-case basis in accordance with the client’s credit records and other relevant factors as the Bank may consider in its absolute discretion. All offers are subject to Terms and Conditions.

*New Clients are applicants who are not holding any loans and/or credit cards issued by the Bank at the time of this application

1. The Monthly Flat Rate shown above was for reference only.

2. For every HKD1,000 loan amount.

3. The above Annualised Percentage Rates (“APR”) are reference rates which include the basic interest rate and other fees and charges of a product expressed as an annualised rate (if applicable). This APR does not include cash rebate.

The Annualised Percentage Rate ranged from 1.65% to 48% and flexible repayment period of 12 to 60 months. An APR is a reference rate which includes the basic interest rate and other applicable fees and charges of a product expressed as an annualised rate. This APR does not include cash rebate. The Bank reserves the right to determine the applicable interest rate and handling fee and acceptance of a loan application, which is to be considered on a case-by-case basis in accordance with the client’s credit records and other relevant factors.

Example: A customer borrows a 60-month loan of HKD100,000 at a monthly flat rate of 0.32% (APR 7.38%), total loan repayment amount is HKD119,200.

Top-up Service for Existing Personal Instalment Loan Clients
  • Document waiver*
  • Maximum tenor up to 60 months
  • Top-up loan amount can be greater than total loan principal repaid

*The Bank reserves the right to request additional documents for further approval.

Act Now

(Information collected in this form is solely for the purpose of calling back to provide relevant service that related to this program.)

View Details »

Terms and Conditions »

The operating hours of our Loan Application Hotline are from Monday to Friday: 9am – 9pm.

Personal Instalment Loan Repayment Table

Loan Amount^ (HKD)

LOAN RANGE

Loan Tenor

12 months

24 months

36 months

48 months

60 months

Monthly Flat Rate¹

0.2195%

0.2209%

0.28%

0.30%

0.32%

Monthly Repayment² (HKD)

$85.53

$43.88

$30.58

$23.83

$19.87

Annualised Percentage Rate³

4.94%

5.13%

6.53%

6.97%

7.38%

Loan Tenor

12 months

24 months

36 months

48 months

60 months

Monthly Flat Rate¹

0.2195%

0.2209%

0.28%

0.30%

0.32%

Monthly Repayment² (HKD)

$85.53

$43.88

$30.58

$23.83

$19.87

Annualised Percentage Rate³

4.94%

5.13%

6.53%

6.97%

7.38%

Loan Tenor

12 months

24 months

36 months

48 months

60 months

Monthly Flat Rate¹

0.12%

0.18%

0.20%

0.22%

0.2305%

Monthly Repayment² (HKD)

$84.53

$43.47

$29.78

$23.03

$18.97

Annualised Percentage Rate³

2.68%

4.17%

4.67%

5.13%

5.35%

Loan Tenor

12 months

24 months

36 months

48 months

60 months

Monthly Flat Rate¹

0.12%

0.18%

0.20%

0.22%

0.2305%

Monthly Repayment² (HKD)

$84.53

$43.47

$29.78

$23.03

$18.97

Annualised Percentage Rate³

2.68%

4.17%

4.67%

5.13%

5.35%

Loan Tenor

12 months

24 months

36 months

48 months

60 months

Monthly Flat Rate¹

0.12%

0.18%

0.20%

0.22%

0.2305%

Monthly Repayment² (HKD)

$84.53

$43.47

$29.78

$23.03

$18.97

Annualised Percentage Rate³

2.68%

4.17%

4.67%

5.13%

5.35%

Loan Tenor

12 months

24 months

36 months

48 months

60 months

Monthly Flat Rate¹

0.12%

0.18%

0.20%

0.22%

0.2305%

Monthly Repayment² (HKD)

$84.53

$43.47

$29.78

$23.03

$18.97

Annualised Percentage Rate³

2.68%

4.17%

4.67%

5.13%

5.35%

Loan Tenor

12 months

24 months

36 months

48 months

60 months

Monthly Flat Rate¹

0.12%

0.16%

0.18%

0.19%

0.20%

Monthly Repayment² (HKD)

$84.53

$43.27

$29.58

$22.73

$18.67

Annualised Percentage Rate³

2.68%

3.71%

4.20%

4.43%

4.65%

Loan Tenor

12 months

24 months

36 months

48 months

60 months

Monthly Flat Rate¹

0.12%

0.16%

0.18%

0.19%

0.20%

Monthly Repayment² (HKD)

$84.53

$43.27

$29.58

$22.73

$18.67

Annualised Percentage Rate³

2.68%

3.71%

4.20%

4.43%

4.65%

Loan Tenor

12 months

24 months

36 months

48 months

60 months

Monthly Flat Rate¹

0.074%

0.16%

0.18%

0.19%

0.20%

Monthly Repayment² (HKD)

$84.07

$43.27

$29.58

$22.73

$18.67

Annualised Percentage Rate³

1.65%

3.71%

4.20%

4.43%

4.65%

Loan Tenor

12 months

24 months

36 months

48 months

60 months

Monthly Flat Rate¹

0.074%

0.16%

0.18%

0.19%

0.20%

Monthly Repayment² (HKD)

$84.07

$43.27

$29.58

$22.73

$18.67

Annualised Percentage Rate³

1.65%

3.71%

4.20%

4.43%

4.65%

To borrow or not to borrow? Borrow only if you can repay!

Eligibility & Documents

Eligibility

  • Hong Kong resident aged 20 or above
  • Fixed annual income of HKD96,000 or above

Required Documents

  • Your Hong Kong Permanent Identity Card
  • Your latest residential address proof showing your name
  • For regular income earners, please enclose your latest 1 month’s Bank Statements / Passbook showing your name, account number and salary entries or latest 1 month’s computer generated Payroll Slip, or latest Tax Demand Note
  • For irregular income earners, please enclose your latest 3 month’s Bank Statements / Passbook showing your name, account number and salary entries or latest 3 month’s computer generated Payroll Slip, or latest Tax Demand Note
  • For self-employed applicants, please enclose your Business Registration Certificate AND latest Profits Tax Demand Note
  • Note: The bank reserves the rights of requiring more supportive documents for further review.

Terms and Conditions