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2011 / 2012 Personal Tax Loan

Annualized Percentage Rate as low as 3.5% with handling fee waiver

  • Loan amount up to 200% of your tax bill
  • Repayment periods of 6, 12 or 18 months for you to choose from
  • Maximum HK$500 spending credit for successful application of our Platinum or Titanium credit card
  • Maximum 100,000 bonus points or HK$400 cash rebate for online tax payment by our credit card on or before 31 December 2011

Instalment table:

Loan Amount
(HK$)
Customer Type
Annualized Percentage Rate (APR)
Monthly Instalment Amount per HK$1,000 Loan Amount
(monthly flat rate)
6 months
12 months
18 months
50,000
/
200,000

Non bank Customers

7%
$169.98
(0.3313%)
$86.43
(0.3094%)
$58.59
(0.3031%)

Professionals# /
Civil Servants /
Existing Customers /
New Customers *

4.2%
$168.68
(0.2008%)
$85.21
(0.1871%)
$57.39
(0.1829%)
above 200,000

All Types

3.5%
$168.35
(0.1678%)
$84.90
(0.1563%)
$57.09
(0.1527%)
 
# Professionals include Lawyers / Doctors / Accountants / Surveyors / Engineers / Teachers / Professors / Registered Nurses / Registered Social Workers
* New customers can also enjoy the loan rate of 4.2% (APR) for opening any additional accounts on top of the designated account for loan repayment
 
Note:
(1) The annualized percentage rates (APR) quoted are calculated according to the formula suggested by The Hong Kong Association of Banks.
(2) The above monthly instalment amount is rounded up to 2 decimal places and for reference only. Actual amount will be subject to the tax loan confirmation letter.
   
   
 
   
 

You may also apply through any of our branches, or call 2818 0282 for details.

Shanghai Commercial Bank Ltd (The "Bank") is not responsible for any liabilities arising from the interception of any information supplied in this application form during data transmission.

The Bank reserves the right to terminate or amend the promotional offers and terms and conditions without prior notice. In case of any dispute, the decision of the Bank shall be final.

 

 

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Personal Tax Loan
Online Application
Enquiry: 2818 0282

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