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interest rate as low as P-2.5% p.a. for the 1st 6 months2-3
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Ease your burden with great savings on interest expense!
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Credit line of up to 8 times of your monthly salary5,6,7
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Perpetual service charge waiver on cash withdrawal
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No withdrawal handling fee is required no matter you draw cash through cheque or
ATM card.
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Flexible repayment period and your credit limit is automatically
restored upon each repayment without re-application
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There is no fixed repayment schedule. The minimum monthly repayment amount is just
2.5% of the monthly outstanding balance (minimum HK$100).
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Interest is charged on a daily basis and only on your outstanding balance
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Interest rate table
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Revolving
Loan Amount
(HK$)
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Annual Rate(APR5)
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First 6 months2-3
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7th month onwards2
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$10,000 - $19,999
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P-1%(4.33%)
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P+6%(11.85%)
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$20,000 - $49,999
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$50,000 - $99,999
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P-2%(3.30%)
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P+3%(8.57%)
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$100,000 - $300,000
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P-2%(3.30%)
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P+2%(7.5%)
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$300,001-$350,000
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P-2.5%(2.78%)
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P+0.75%(6.17%)
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Easy and convenient withdrawal
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The approved loan amount will be deposited directly into your designated bank account
for your use. You can transfer or withdraw cash in any of several ways without any
service charge:
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Cheque
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JETCO ATMs |
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Phone Banking
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Over-the-counter
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You may also perform balance enquiries and fund transfers via
DBS ec-banking Internet Banking Services. |
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Simple application
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Applicants should be Hong Kong permanent residents aged 18 or above with a minimum
annual income of HK$80,000.
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Apply now
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Online application |
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Application Hotline: 2290 8111
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Complete the Application Form and return it to us via our Fax Hotline 2235 5947 |
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- The Prime Rate ("P") is the Hong Kong Dollar Prime Rate of DBS Bank (Hong
Kong) Limited (the "Bank"). The Prime Rate of the Bank is 5.25% as of
31 Mar 2010. The Annualized Percentage Rate ("APR") is calculated according
to the relevant guidelines set out in the Code of Banking Practice. The interest
rate will vary whenever the Prime Rate of the Bank changes. Interest is calculated
on the basis of a 365-day year.
- In case of any late repayment, the interest rate will automatically be switched
to the corresponding interest rate of the 7th month onwards plus 5% per annum surcharge
commencing on the late repayment date.
- Promotion Period of the preferential interest rate ends on the statement date of
the 6th monthly statement.
- An annual fee will be levied for Cashline Account. The 1st year annual fee will
be waived and from the 2nd year onwards, 1.5% of the revolving loan amount (minimum
HK$200) will be levied per annum.
- Professionals can apply for a higher loan amount subject to the discretion of the
Bank. For details, please contact our branch staff. Professionals as defined by
the Bank include: registered architects, chartered accountants, chartered surveyors,
dentists, medical doctors, pharmacists , chartered engineers and chartered lawyers.
- Customer must provide bank account information under “Direct Credit Authorization”
section of the application form. Regardless of the final approved amount of credit
limit, the Bank shall upon the facility being approved, immediately draw down the
full amount of approved credit limit and credit to the designated account provided
by the customer.
- The approval of the final interest rate and loan amount are subject to the financial
condition of customer. The daily interest calculation of Cashline is based on the
loan amount requested and promotional rate for the 1st 6 months.
- The Bank has the absolute discretion in approving the loan applied by the customer
and in determining the eligibility of the customer for the Promotion Offer.
- The Bank reserves the right to vary the Terms and Conditions, change or terminate
the Promotion Offer. In the event of disputes, the decision of the Bank shall be
final and conclusive.
- If there is any inconsistency or conflict between the English and Chinese versions
of these Terms and Conditions, the English version shall prevail.
Remark: Cashline Revolving Loan service is provided by DBS Bank (Hong Kong) Limited.
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