Promotion Period is from now on to 16 June 2012 ("Promotion Period"). LG 32" Full HD LED iDTV or up to HK3,000 Cash Rebate are only applicable to customers who successfully apply for and drawdown an e-Cash Instalment Loan during the Promotion Period with details as follows:
| Tenor |
Cash Rebate/ Gift |
| 6-36 months |
Cash Rebate of HK$100 |
37-59 months
And
60 months (Loan amount less than HK$80,000) |
Up to HK$1,500 Cash Rebate, Cash Rebate equals to one month interest, calculated as [loan amount x monthly flat rate] (minimum HK$100, maximum HK$1,500). |
60 months
(Loan amount equal to or more than HK$80,000) |
Up to HK$3,000 Cash Rebate, Cash Rebate equals to two months interest, calculated as [loan amount x monthly flat rate x 2] (minimum HK$100, maximum HK$3,000) OR LG 32" Full HD LED iDTV(reference price: HK$3,990) ("Gift"). |
To enjoy the Cash Rebate or Gift, customers' e-Cash Instalment Loan accounts must be valid and have good repayment records ( "Eligible Customers"). The Cash Rebate will be credited to Eligible Customers' repayment accounts before 31 August 2012. Redemption letters regarding gift redemption details will be sent out to Eligible Customers by Dah Sing Bank ("the Bank") before 31 August 2012. Each applicant is entitled to only ONE gift regardless of number of e-Cash applications. The Gift is not redeemable for cash or other promotional privilege or transferrable to other gifts, and no changes will be given. The Gift should be bounded by the terms and conditions given by the supplier. The Bank is not the supplier of the Gift, and is not liable for any products or services provided by individual companies. Should there be any enquires or complaints regarding the quality of the products or services, customers should contact the product suppliers directly. The Bank reserves the right to offer any alternative gift and replacement if the Gifts are not available or if there is any issue arisen without prior notice. Quoted prices and types of those products may not be the same as the Gift provided in this promotion. The reference price of the Gifts is for indication only. The Bank is not responsible for setting the reference price and / or the difference between the reference retail prices and the actual retail prices available in the market. e-Cash Instalment Loan customers who make early settlement during the repayment period will be subject to an early settlement penalty and refund of the full Interest and/or Cash Rebate amount or quoted reference price of the Gift. The Gift is available while stocks last. All pictures shown are for reference only.The "HK$100 Cash Rebate" is only applicable to customers who successfully apply for and drawdown an e-Cash Instalment Loan during the Promotion Period, and the disbursement and repayment account of the loan belongs to one of the followings: Dah Sing savings accounts / current accounts / integrated accounts (not applicable to FlexiMoney Overdraft facility accounts / joint accounts). To enjoy the Cash Rebate, customers' e-Cash Instalment Loan accounts must be valid, have good repayment records and have no early settlement. The Cash Rebate will be credited to Eligible customers' repayment accounts on or before 31 August 2012. Customers who make early settlement during the repayment period will be subject to an early settlement penalty and refund of the full Interest and/or Cash Rebate amount. The daily interest of approximately HK$2.7 (rounded up to first decimal place) is calculated based on interest of monthly flat rate of 0.8% and assumed a loan amount of HK$10,000 and 30 days per month. According to the Guideline on the Code of Banking Practice, with monthly flat rate of 0.8%, a loan amount of HK$10,000 and a loan tenor of 12 months, the annualised percentage rate is 21.1% with a credit life premium of 1% p.a. included. The Bank will examine and approve the customer's application on the basis of his or her credit status and determine the interest rate to which he or she is entitled. The Bank will examine and approve the customer's application and determine the first 3 months introductory interest rate (if applicable) and the annual interest rate thereafter to which he or she is entitled, on the basis of his or her credit status. Customers who meet the requirements specified by the Bank, the first 3 months introductory interest rate will be 6.88%p.a. (annualised percentage rate 7.10%), and the interest rate thereafter will be 22%p.a. (annualised percentage rate 24.36%), or else the first 3 months introductory rate will not be applicable, and the interest rate will be adjusted to 30%p.a. (annualised percentage rate 34.49%). The annualised percentage rate is calculated as according to the Guideline on the Code of Banking Practice, excluding the annual fee and the handling fee. The cash withdrawal fee is 3% of the withdrawal amount (minimum HK$55) and will not be charged for a loan disbursement. The annual fee is 1% of the credit limit (minimum HK$300, maximum HK$1,000) and the annual fee for the first year will be waived for successful applications. Instantly pre-approved loan amount service ('the Service') is available to phone-in or walk-in customers who submit the loan applications at the following time, and provide the required documents upon application. No prior notice will be given if there is any change on the Service available time.
| |
Service hours of Instantly approved loan amount |
| Branch |
Monday – Friday 9:00am – 5:00pm; and
Saturday 9:00am – 12:00 noon |
| Telephone Hotline |
Monday – Friday 9:00am – 8:00pm; and
Saturday 9:00am – 12:00 noon |
The Bank may not offer the Service if customers do not provide the required documents, or the loan applications do not fulfil the approval requirements of the Service. The instantly approved loan amount is for reference only. The Bank reserves the final right on the final approval result of the loan amount, and to terminate or to amend the Service anytime. The "30-Minute Approval and Disbursement" is applicable only to phone-in or walk-in customers who submit all of the required documents on the application date. The process starts from the moment that Dah Sing Bank staff confirm receipt of all the required documents and information with the customers. The application should comply with the general loan approval procedures of the Bank and should not exceed a loan amount of HK$100,000. Customers should choose to draw their loan at branches. This service is available from 9:00 am to 5:00 pm, Monday to Friday, and from 9:00 am to 12:00 noon on Saturdays, which may be subject to change according to actual circumstances. HK$50 cash coupon is only applicable to the customers who apply e-Cash by phone or going to the branches of Dah Sing Bank in person within the Promotion Period and submit the Hong Kong identity card, the income proof and proof of residence within 1 month. For the Eligible customers who applied e-Cash by phone, a HK$50 cash coupon will be sent by mail on or before 31 July, 2012. For the Eligible customers who applied e-Cash in the branch, a HK$50 cash coupon will be given immediately. Customers who have received a HK$50 cash coupon shall not be entitled to other privilege of application. HK$50 cash coupon is not redeemable for cash or transferrable to other gifts. HK$50 cash coupon is subject to the terms and conditions set by the supplier. The Bank is not the supplier of the HK$50 cash coupon, should there be any enquires or complaints regarding the quality of the products or services, customers should contact the product suppliers directly. HK$50 cash coupon is available while stocks last. The Bank reserves the right to terminate the above offers, or to amend their terms and conditions at any time without prior notice. In case of disputes, the decision of the Bank shall be final. In the event of discrepancies between the Chinese version and English version of these terms and conditions, the English version shall prevail.
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