Unsecured Car Loan
No Vehicle Registration Document
and Income Proof Required!
Loan Amount up to HK$400,000
Apply for our Unsecured Car Loan1 and No Vehicle Registration Document, income proof or address proof are required! You can apply for loan amount up to HK$400,000 with proof of new car purchase only and enjoy better benefits than traditional car loan:
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| Vehicle Registration Document | Required | Not required  |
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| Approval Time | Longer | Faster |
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| Car Insurance | Purchase comprehensive car insurance | Purchase third party car insurance |
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| Repayment Period | Drawdown Loan Amount (HK$) | Cash Rebate (HK$) |
| 24 months or above | 100,001 – 399,999 | 1% of drawdown amount Example: 200,000 X 1% = 2,000 |
| 400,000 | 4,000 |
Apply online to enjoy |
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Apply Online Now |
| Repayment Period (Months) |
Drawdown Loan Amount (HK$) | |||||||||
| 5,000 – 100,000 | 100,001 – 300,000 | 300,001 – 400,000 | ||||||||
| Monthly Flat Rate | APR | Monthly Flat Rate | APR (with Cash Rebate) |
Monthly Flat Rate | APR (with Cash Rebate) |
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| 12 | 0.27% | 6.48% | 0.29% | 6.57% |
0.27% | 6.09% |
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| 24 | 6.35% | 6.75% (5.72%) |
6.28% (5.25%) |
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| 36 | 6.58% | 6.77% (6.06%) |
6.30% (5.60%) |
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| 48 | 6.43% | 6.75% (6.21%) |
6.28% (5.74%) |
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| 60 | 6.32% | 6.71% (6.27%) |
6.24% (5.81%) |
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The Annualized Percentage Rate ("APR") stated in the Reference Rate Table above are calculated on the basis of 12, 24, 36, 48 and 60 months repayment period and the loan amount of HK$5,000, HK$100,001, HK$300,001 respectively. The APR is calculated according to the standard of Hong Kong Association of Banks and rounded to the two decimal places. An APR is a reference rate which includes the basic interest rates and other applicable fees and charges of the product expressed as an annualized rate. Interest is charged daily and calculated on the basis of 365 days per year. Please note that the actual APR of customers may be affected by customers' credit status and different from that in the above rate table. All loan repayment terms should be subject to the Bank's final approval and discretion. Customers should refer to the loan confirmation letter issued by the Bank for the actual details of the repayment terms. The Bank reserves the right of final decision on the interest rate and approval result.
| 1 | Unsecured Car Loan is a promotion plan under CCB (Asia) Personal Installment Loan and is not applicable to apply via our mobile app. |
| 2 | Unsecured Car Loan is only for new car purchases. Borrowers must provide proof of new car purchase when applying. Income proof and Vehicle Registration Document waiver are available for loans with the loan amount of HK$400,000 or below and for customers who fulfill specific credit requirements. CCB (Asia) reserves the right to request further supporting documents for loan approval purposes in certain circumstances. Larger loan amounts may be offered to customers who provide supporting documents. |
| 3 | Only applicable for online loans applications received before 3:00p.m. of a business day, Bank designated staff will follow up on the application with the applicant by calling the mobile phone number provided on the application form within the same day before 5:00p.m. If the online loans application is received after 3:00p.m. or during non-business days, Bank designated staff will follow up on the application with the applicant on the next business day before 2:00p.m.. If the Bank cannot successfully contact the applicant by the mobile phone number provided on the application form the above-mentioned time, a notification SMS will be sent to the applicant's mobile phone number provided on the application form within the same day. |
| ^ | Application hotline service hours: Monday to Friday 9:00a.m. - 8:00p.m. and Saturday 9:00a.m. - 1:00p.m. |
Remarks: For Personal Installment Loan amount of HK$100,000 with 12 months repayment period, the monthly flat rate is 0.27% (APR 6.11%), and the total loan repayment amount is HK$103,248 (handling fee is waived). The above example is for reference only. The loan application and terms of the loan are subject to the Bank's approval. The actual APR may vary for individual customer and the final interest rate will be subject to credit condition of the customer, please contact the staff of the Bank for details.
The above products and services are subject to relevant terms and conditions. Please contact our staff for more details.
To borrow or not to borrow? Borrow only if you can repay!