Car Loan

What is a Car Loan?

Car Loan is not just a competitive car loan of up to 100% of the cars value, it has other benefits. For example, receive free fuel for your car, and savings on salesmen/middlemen commission.

Features

• Borrow a car loan of up to 100% of the value of the car, or 12 times your monthly salary
• Interest rate from 4.5%, subject to car model and age, with up to a five-year pay period
• A free fuel coupon at the value of HK$1,500 or 1% of the loan amount, whichever is higher*.
• HSBC requires copies of your HKID card/Passport/Certificate of Incorporation and latest income proof, or bank account statements for the last three months.
• The minimum car loan amount is HKD50,000
• The age of the car plus the car loan period must not exceed 6 years

What else should I know?

• Loan Basics
• How to borrow money wisely

* Only applicable to private car loan with the minimum loan amount of HKD100,000 and minimum loan tenure of 3 years.