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Interest of TWD Loans Interest of TWD Loans

線上說明
Historical Interest Rate Enquiry 行事曆  Enquiry

 
( Date of Query : 2020/09/24 )
 

Remarks: 1. Basic Lending Rate = Base Rate For Loans +3.66%
2. The markup of the actual lending rate will be set according to the credit terms of the lender, collateral status, and the loan risks.
3. Calculation of Loan Interest
  • Short-term Loans (with a maturity of one year or less): Interest shall be calculated on a daily basis by multiplying the sum of daily outstanding loan amount (the aggregate total) by the annual interest rate, then dividing by 365.
  • Medium and Long Term Loans (with a maturity of more than one year): Interest for the full month(s) within the Loan Tenor shall be calculated on a monthly basis by multiplying the principal by the annual interest rate and the number of months, then dividing by 12. For the remaining periods of less than one month (odd days of less than one month), interest shall be calculated on a daily basis (multiplying the principal by the annual interest rate then dividing by 12, multiplying the number obtained by the number of odd days, then dividing by the number of days in the current month).

The information in this table is for reference only; please visit the business unit’s counter for the correct amount.

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