BYD Personal Unsecured and Interest Free Auto Loan - ICBC (Asia)
BYD Personal Unsecured and Interest Free Auto Loan
ICBC (Asia) BYD Personal Unsecured and Interest Free Auto Loan with a 0% interest rate, a flexible loan tenor, and a handling fee waiver for the entire repayment period.
Interest Rate Offer
Monthly flat rate as low as 0%1,2, annualized percentage rate as low as 0%1,2.
Product Features
- Loan amount up to Net Vehicle Price3
- Flexible loan tenor up to 36 months4
- Handling fee waiver for entire repayment period
Promotion Period: From 1 December 2024 to January 2025 (Both dates inclusive)
Example5: Calculated by Loan Amount of HKD200,000, 36 month repayment period and monthly flat rate 0%1,2.
The calculation of Monthly Interest, Daily Interest and Monthly Repayment Amount are rounded to the nearest two decimal places. Daily interest is calculated based on 30 days in a month.
| Monthly Interest | Daily Interest | Monthly Repayment Amount |
| 0 | 0 | 5555.56 |
For details of the terms and conditions, please visit our designated branch (Sha Tsui Road Branch, Tsimshatsui East Branch, Wanchai Hennessy Road Branch, Tseung Kwan O Branch and Shatin Branch) to contact our branch staff or refer to the application form.
Download Documents
Reminders:
To borrow or not to borrow ? Borrow only if you can repay!
Protect your Personal Digital Keys; Beware of fraudulent links!
Don’t lend or sell your account. Don’t risk your future for quick money.
Remarks:
Only applicable to the banking customer of Industrial and Commercial Bank of China (Asia) Limited (“the Bank”) who is successfully approved and drawdown the ICBC (Asia) BYD Personal Unsecured and Interest Free Auto Loan (“Loan”) only.
The APR of the loan is calculated based on the guidelines as set out in the Code of Banking Practice. The Bank shall have the right at its discretion to apportion any payment between interest and principal in such manner as it shall desire. The annualised percentage rate is a reference rate which includes the basic interest rate and other fees and charges of a product expressed as an annualised rate. The interest rate is applicable on a case-by-case basis and the finally approved interest rate is subject to the loan amount and credit assessment result. The Bank reserves the right of final decision the approval result, and the Bank reserves the right for final decision in case of any disputes.
The highest approval amount for the Loan is up to Net Auto Price, the final approved loan amount will be subject to the customer’s situation. The Bank reserves the right of final decision the approval result, and the Bank reserves the right for final decision in case of any disputes.
Repayment Tenor can be 36-month.
The above example is for reference only. The monthly repayment amount of the example is calculated based on loan amount HK$200,000 and 36-month repayment tenor.
Any person or entity that is not a party to these Terms and Condition shall have no rights under the Contracts (Rights of Third Parties) Ordinance (Cap. 623 Laws of Hong Kong) to enforce any part of these Terms and Conditions.
The Bank reserves the right to vary or terminate the offer at any time. The Bank reserves the right for final decision in case of any disputes.
In case of any discrepancy between the English and Chinese versions, the Chinese version shall prevail.
Terms and conditions apply to above offers and services.
Copyright Reserved © Industrial and Commercial Bank of China (Asia) Limited
