Less pressure with automated repayments per annum with more transparent interest rate pricing standards, making your borrowing experience more pleasant.
|ROC citizen aged 20-60, with good credit history|
I* = DBS fixed deposit rate index II (quarterly adjusted)
September 21 2016 announcement: "Fixed Deposit Rate Index II" is 1.07%
Loan amount: (New auto) TWD400K
Loan duration: 5 years
Loan interest rate:
Months 1-3 I* + 0.54% floating rate (currently 1.61%)
Months 4-12 I* + 1.54% floating rate (currently 2.61%)
Months 13+ I* + 2.54% floating rate (currently 3.61%)
Total relevant fees: TWD4,100/transaction
Total fee APR: 3.62%
(1) The annual percentage cited in this advertisement is in line with the reference calculation used by regulatory authorities. Actual loan conditions would depend on product provided by the bank. Also, the actual APR for each client would also differ depending on the individual loan product and credit conditions.
(2) Total fee APR is not the equivalent of loan interest rate.
(3) Total fee APR calculation base date currently is November 21, 2016.
(4) This product has a 2-year "no payoff constraint", so that if part or all of the principal is repaid within 2 years of the loan disbursement, DBS will levy a 4%-8% early payoff penalty on the early payoff principal amount.
(5) This bank reserves the right to approve client’s application and modify relevant clauses in this product. This bank has the right to review applicant credit conditions and market conditions, in order to determine individual interest rate, loan amount, and loan duration.
(6) Fixed deposit rate index II means and frequency of adjustment: Adjustment dates on are Mar 21, Jun 21, Sep 21, and Dec 21 of each year (if the date falls on a rest day or holiday, the next business day will be the adjustment date), at 3 month adjustment intervals. Average rates on the 11th-17th days of the month of adjustment are sampled, timings are based on Central Bank daily announcement. Index is calculated to the second decimal place, with the third decimal place rounded up or down.
[September 21 2016 announcement: "Fixed Deposit Rate Index II" is 1.07%]
(7) The information above are a partial extract from this bank's auto loan conditions, for details please see DBS Bank (Taiwan) Auto Loan Application Form and Auto property mortgage contract. For details please contact our bank service professional.
For detailed inquiry, please contact our service centre hotline 0809-002889 or 02-66129888