Borrow

Turn your assets into extra cash by pledging different assets as collateral, to capture opportunities to grow your wealth.

Key Features

• This service accepts a variety of assets for pledging, including properties, shares, deposits, funds or bonds, etc.
• The preferential annualised interest rate relieves your burden on repayment
• You can withdraw cash conveniently through multiple channels, such as online banking, cheques, visiting our branches or ATM

Loan Ratios for Different Asset Types

Deposits

Asset Type	Currency	Loan Ratio (% of Asset Market Value)
Fixed Deposits	HKD / USD	Up to 100%
	RMB / EUR / GBP / CAD /AUD / NZD / JPY / CHF	Up to 90%
Currency Linked Deposits	HKD / RMB / USD / EUR / GBP / CAD / AUD / NZD / JPY / CHF	Up to 70%

Shares

Asset Type	Loan Ratio (% of Asset Market Value)
Shares*	Up to 60%

 

* Click here for details of Shares Overdraft Facility.

Funds

Asset Type	Loan Ratio (% of Asset Market Value)
Guaranteed Fund	Up to 70%
Mutual Fund	Up to 70%

Properties

Asset Type	Loan Ratio (% of Asset Market Value)
Properties	Up to 60% of the appraised value

Other Investment Assets

Asset Type	Loan Ratio (% of Asset Market Value)
Bonds	Up to 70%
Equity Linked Note/Equity Linked Investment	Up to 50%
Other Principal-Protected Structured Products	Up to 50%

Key Facts Statement

For details, please click here
 

Remarks: The above information is for reference only. Shanghai Commercial Bank Limited ("the Bank") may at its absolute discretion approve or reject any loan application. The Bank also reserves the right to vary the above offers and/or amend the related terms and conditions at any time without prior notice.

Reminders about Responsible Borrowing

• You should have a clear understanding of your financial condition, daily expenses, and actual borrowing needs.
• You should have assessed your repayment ability and avoid over-borrowing.
• You should repay any outstanding balance on time to avoid late payment charges and additional overdue interest charged by the bank.
• To borrow or not to borrow? Borrow only if you can repay!

In case you wish to enquire whether a third party is appointed by our Bank for referring credit card or loan application, please contact customer service hot line 2818 0282.