What is the maximum number of installments of HSBC Elite Loan? HSBC Huixiangdai is a cash installment business that is independent of the credit card limit. The maximum limit is 300,000 yuan. However, the credit limit of each person is different. The specific limit is subject to the limit approved by the bank. After the user is qualified, he can transfer cash within the approved Huixiangdai limit to a debit card in his name, and then repay in installments as agreed. As for how many installments Huixiangdai can be divided into, according to what we know, Huixiangdai can apply for a minimum of 3 installments and a maximum of 48 installments, including 3, 6, 10, 12, 18, 24, There are several installments of 36 and 48, each period is one month, and the handling fee rates for each period corresponding to different periods are 1.0, 0.9, 0.75, 0.75, 0.75, 0.75, 0.75, and 0.75 respectively.
How to calculate the installment fee for HSBC Huixiang Loan? After the Huixiangdai application is successfully processed, the cardholder's repayment amount for each installment will be included in the bill starting from the period after the Huixiangdai business is approved. You can calculate the repayment amount for each installment and the installment handling fee according to the following formula: Amount of repayment per installment = Amount of principal repayable in each installment Amount of handling fee per installment; Amount of principal repayable in each installment = Total amount of principal repayment in installments ÷ Number of installments × Installment fee All in all, the installment period of HSBC Huixiang Loan is relatively long, and can be divided into up to 48 installments, which is 4 years. However, the longer the installment period, the higher the handling fee. This needs to be noted.