Hong Kong people worked so hard for a warm home. However, the high property price in Hong Kong made it hard for people to purchase a flat with their lifelong savings, not to mention sparing an additional budget to refurbish their home. In view of this, CoDeco teamed up with China Construction Bank (Asia) , to provide CoDeco’s valued clients with low-interest renovation loans and installments up to 60 months. This is dedicated to someone as committed to the family as you and allows you to build your unique home under a sufficient budget.

From now until 31 Jan 2022, users who successfully apply for the CCB (Asia) Personal Installment Loan – Renovation Loan and use it on renovation projects through CoDeco can enjoy the following benefits:

Offers and services are bound by terms and conditions.

To borrow or not to borrow? Borrow only if you can repay!

China Construction Bank (Asia) - Personal Installment Loan - Renovation Loan Terms and Conditions

1. The promotion period is valid from now until 31 Jan 2022 (the “Promotion Period”). 

2. The APR of 4.28%, is calculated based on the monthly flat rate of 0.19% with loan amount of HK$50,000 and the repayment tenor of 12 months; The APR of 1.56%, is calculated based on the monthly flat rate of 0.07% with loan amount of HK$500,000 and the repayment tenor of 12 months; The APR of 2.69% for loan tenor of 60 months, is calculated based on the monthly flat rate of 0.115% with loan amount of HK$500,000. The APR is calculated according to the standard of Hong Kong Association of Banks and rounded to two decimal places. An APR is a reference rate which includes the basic interest rates and other applicable fees and charges of the product expressed as an annualized rate. Interest is charged daily and calculated on the basis of 365 days per year. The interest rate offer above is only available for selected customers who apply for Personal Installment Loan - Renovation Loan. The actual APR may vary for individual customer and the final interest rate will be subject to credit condition of the customer, please contact the staff of the Bank for details. The Bank reserves the right of final decision on the interest rate and approval result. 

3. Customers who successfully apply for a China Construction Bank (Asia) Corporation Limited (the “Bank”) Personal Installment Loan – Renovation Loan (“Renovation Loan“) via online or our designated hotline: 317 95501 by providing the promotion code “ADNT”, drawdown on or before 31 Jan 2022 and using the renovation service of HK$50,000 total project sum or above provided by CoDeco (required to submit the signed quotation with CoDeco within 3 months starting from the issue date to the Bank), can enjoy the monthly flat rate up to 0.07%. Also, gaining HK$2,000 CoCoMall renovation material cash coupon upon spending renovation total amount of HK$200,000 or above. 

4. Offers and services are bound by terms and conditions. For promotion offer and related details, please contact the staff of the Bank at 317 95501 or visit the Bank website. 

5. Offers end on January 31, 2022. Bonus points amount are subjected to the loan size and credit card type. Offers and services are bound by terms and conditions.

6. In case of any dispute, the decision of the Bank shall be final.

China Construction Bank (Asia) x CoDeco team up to create a renovation loan promotion offer (terms and conditions as follows):

1. The Offer is only applicable to CoDeco’s clients.
2. Each CoDeco client can only use this Offer once.
3. The Offer is only valid for works signed between 10 Feb 2021 and 31 Jan 2022.
4. The minimum project amount is HK$50,000.
5. The client is required to submit the CoDeco project contract to China Construction Bank (Asia) as one of the application documents, which are effective upon the signature by both the client and the project contractor. The contract will stipulate that the client is required to apply for a renovation loan at China Construction Bank (Asia), and the contract will not be officially effective until the loan application is successful.
6. If the client ultimately fails to obtain any loan approval, the project contract will be deemed invalid and will be revoked.
7. The client must commence the project within its valid contractual period. In general, the project contract is valid for 3 months.
8. If the client terminates the project contract with CoDeco after the approval and the withdrawal of the loan, CoDeco will not offer the CoCoMall renovation material cash coupon (if it has been offered, CoDeco will cancel the amount borne by the coupon. If it has already been used, CoDeco and CoCoMall will recover the amount of the cash coupon from the client. ) China Construction Bank (Asia) will charge the eligible client on a fee which which is equivalent to the value of the entitled promotion rewards.
9. This Offer can be used in conjunction with other offers of CoDeco.
10. In the event of any dispute, the decision of CoDeco and China Construction Bank (Asia) shall be final and conclusive.

 

Terms and Conditions of CoCoMall and CoCoMall Cash Coupon:

1. Eligible clients who successfully apply for a Renovation Loan during the Promotion Period and drawdown on or before 31 Jan 2022 with using the renovation service of HK$ 50,000 total project sum or above provided by CoDeco (required to submit the signed quotation with CoDeco within 3 months starting from the issue date to the Bank), can enjoy the monthly flat rate up to 0.07%. Also, gaining HK$2,000 CoCoMall renovation material cash coupon upon spending renovation total amount of HK$200,000 or above. Each renovation project can only be redeemed once. 
2. The CoCoMall renovation material cash coupon can only be used on CoCoMall.HK. The client can enter the coupon code to redeem the purchase amount after choosing his/her products. The cash coupon can only be used for once and cannot be exchanged for cash. If the amount of the cash coupon is greater than the client’s consumption amount, the difference will not be refunded.
3. The CoCoMall renovation material cash coupon will be given to the client as soon as 1) the client has successfully obtained the loan approval and 2) the client has submitted the project deposit.
4. The coupon code of the CoCoMall renovation material cash coupon cannot be used in conjunction with other CoCoMall discount codes or other CoCoMall coupon codes.
5. If the item ordered by the client is not displayed on the CoCoMall.HK website, there is the opportunity that the entire ordering process will be performed offline, but the CoCoMall renovation material cash coupon can still be applied.
6. The CoCoMall cash coupon is valid for 9 months upon its issuance.
7. In the event of any dispute, the decision of CoDeco and CoCoMall shall be final and conclusive.

Feel free to contact our Renovation Consultant by 5507 5535 for more information.