Money Lobang

Bank of China MoneyPlus Term Loan

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Rating: 4 Stars4.3/5.0 (6 Reviews)


Note: Bank of China has discontinued MoneyPlus Term Loan with effect from 25 Dec 2022

Interest RateFrom 8.13% Attribute
Min. Income $20,000 Attribute

Last updated on 2022-12-31

Bank of China MoneyPlus Term Loan Review

Pros Pros

Low minimum income requirement

Low rates

Cons Cons

None

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  Near esteemed schools & major expressways
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Personal Loan Details Bank of China Personal Loan Interest Rates

  Effective Interest
12 months 10.95% p.a.
24 months 9.37% p.a.
36 months 8.75% p.a.
48 months 8.39% p.a.
60 months 8.13% p.a.

 

* Effective Interest Rate based on loan amount of $10,000 and min. annual income of $30,000 p.a. Refer to BOC's website for full tables

 

Enjoy effective interest rate from 8.13% p.a. (or annual rate from 4% p.a.)

Max loan of up to 4 times your monthly income

Annual fee of $100

A one-time processing fee of 2% (5% if annual income below $30,000) of loan amount or $75 whichever is higher

Choose to pay either total monthly term loan outstanding or min payment of $50 or 3% of monthly balance whichever is higher

 

Click here to go to Bank of China website for more details

 

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6 Reviews
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Rating:
4.3/5.0 (6)
4.3/5.0 (6)
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Bank of China MoneyPlus Term Loan Review

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