20 Sep Cost several months was 120 days with a beneficial 18-day dominating installment getaway
On the one hundred% Personal loan Guarantee System
100% Personal bank loan Guarantee Program try guaranteed of the Government toward some one that suffer off death of head perennial revenues out-of a position as a result of the pandemic. You may take a look at Hong-kong Financial Agency Minimal (“HKMC”)’s web site or contact HKMC Insurance rates Minimal (“HKMCI”)is why enquiry hotline on (852) 2536 0392 for lots more facts.
Hang Seng Bank’s one hundred% Personal bank loan Be sure Design can be applied in regards to our current users which is maintaining a valid Hang Seng Bank personal account. The newest standardized Annualised Fee Rate (“ount can be HKD100,100000 otherwise nine times of the typical month-to-month income throughout a job months (any type of is lower).
- Holder regarding Hong-kong permanent label credit old 18 otherwise over; and you may
- Out of work, laid-off, team ceased or fundamental perennial earnings less of the more fifty% for around dos successive months during app; and you may
- Must not be undischarged bankrupts nor susceptible to any case of bankruptcy petition or proceedings during the time of loan application; and you may
- Look after good Hang Seng Bank personal membership
New Borrower shall deliver the following documentary evidences of prior employment otherwise business inside the Hong kong and you may head recurrent earnings to possess in the least 3 months in specified months ranging from :
- Bank comments otherwise passbook exhibiting new autopay paycheck checklist (e.g. credit deal which have malfunction regarding “salary”, “payroll”, “employer’s label”) for at least ninety days;
- Wage slips, wage receipts, or other data files (such as for instance income tax get back or one specialized records, e.g. termination letter, declaration off latest/severance fee showing the final income and period of employment to the fresh new Debtor, yearly comments getting 2020 otherwise 2021, or monthly share reputation for the MPF design or ORSO strategy) which can be made use of to verify or deduce the newest daily otherwise month-to-month wage about 3 months (collectively, “salary confirmations”), awarded by latest and you may/or previous boss and supported by lender statement(s) or passbook exhibiting list from financial transfer otherwise places from cheque(s) or cash. To have salary paid off of the cheques and the relevant wage confirmations is actually unavailable, a copy of one’s eliminated cheques supported by proof of work relationship involving the Debtor together with cheque issuer(s);
- Bank comments or passbook (in addition to statements or passbook(s) out of big savings account(s) of only proprietorship, relationship, otherwise individually had limited-liability organization, when the suitable, or free-lancers) indicating details off team deals, and you will backed by evidences of business items for the 90 days which generated part of the perennial revenue. Types of proofs of company factors is conversion or service bargain(s), invoice(s), or any other suggestions otherwise telecommunications(s) confirming paid perform otherwise ideas of your own Borrower;
- Tax consult note (plus taxation consult mention of your own Borrower’s only proprietorship, partnership, actually had limited-liability providers, when the appropriate) having monetary year otherwise or that have research facts.
Sure, you could potentially make an application for the major-upwards financing because of Hang Seng Lender when you have taken out and you may effectively taken along the financing within the one hundred% Personal bank loan Make sure Plan thanks to Hang Seng Lender in earlier times
Out of work, laid-of otherwise cessation regarding organization (for mind-functioning Debtor) for around 2 consecutive weeks during financing app and will produce proof loss of more than fifty% main perennial income from work (not appropriate so you’re able to business owner) otherwise death of head perennial profits regarding a position team inside Hong Kong.
- Lender statements otherwise passbook of your own Borrower’s fundamental individual checking account(s) (and main team performing bank account(s) to have self-working business person) for your dos straight months approved inside 90 days in advance of brand new distribution out-of loan application demonstrating a loss in over 50% main recurrent earnings away from instant payday loans Fairfield employment in Hong-kong (perhaps not appropriate to help you advertisers) or death of chief perennial earnings of organization inside Hong kong. Please note: Unless warranted otherwise having evidences, the lending company account should be the same as that used to reveal the three months’ earnings research stated from the application for the loan mode.