VEHICLE LOAN SCHEME. (1) A confirmed staff is eligible to apply for vehicle loan up to a maximum of $65,000 or 12 times the total monthly salary, whichever is lower.
(2) The Hospital shall subsidise interest rate above 3%, subject to a maximum of 1%. The repayment period is up to 7 years or the retirement age, whichever is earlier.
VEHICLE LOAN SCHEME. A confirmed staff is eligible to apply for vehicle loan up to a maximum of $65,000 or 12 times the total monthly salary, whichever is lower. The Institution shall subsidise interest rate above 3%, subject to a maximum of 1%. The repayment period is up to 7 years or the retirement age, whichever is earlier. A confirmed staff is eligible to apply for housing and/or renovation loan as follows: House ownership : $400,000 or 60 x total monthly salary, whichever is lower. House renovation : 6 x total monthly salary or renovation cost, whichever is lower, subject to a maximum of $30,000. The Institution shall subsidise interest rates above 5%, up to a maximum of 2%. The repayment periods for housing loan and renovation loan are up to 25 years and 5 years respectively or the retirement age, whichever is earlier.
