 You shall provide the following documents to the bank |
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- Your own valid ID card.
- Undue Certificate of deposits issued by SPDB / outstanding Treasury Bond issued after 1999 for which our bank serves as sales agent.
Loan Amount |
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- For a loan secured with RMB CD, the maximum loan amount shall not exceed 90% of the par value of the CD.
- For a loan secured with FX CD, the maximum loan amount shall not exceed 80% of the RMB equivalent of the CD.
Loan Tenor |
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Maximum 1 year for a personal loan secured with CD.
The maximum tenor of a personal loan secured with Treasury Bond(s) shall not be later than the maturity of the Treasury Bond(s).
Repayment |
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Full repayment of the principal and the interests accrued on the due date.
Loan Guarantee |
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Pledge ( namely, the loan to be secured with Certificate of Term Deposits/ Treasury Bond)
Interest Rate |
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Interest Rate Annualized | | Personal loan for Commercial Housing | | Tenor below 6 months (incl. 6 months) | 5.04% | | Tenor between 6 month to 1 year (incl. 1 year) | 5.31% | | Tenor between 1 year to 3 years (incl. 3 years) | 5.49% | | Tenor between 3 years to 5 years (incl.5 years) | 5.58% | | Tenor above 5 years | 5.76% |
Interest of loan within the loan tenor is calculated at the fixed rate specified in the loan contract, regardless of any rate change by the government.
Procedure |
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