Bank of Taiwan

Customers of old housing loans can apply to transfer to index housing loans. If the interest rate remains the same after the transfer, the service fee for transfer of contract is exempted. If the interest rate after the transfer is lower than the previous one, the service fee of NT$2,000 for transfer of contract is charged. Customers of old housing loans (including housing purchase loans, building additions and repairs loans, family growth loans – non-revolving) that do not make the transfer, the Bank branches are authorized to add 0.265﹪ on the primary loan interest rate of the Bank (4.95﹪ at present). The preferential period is two years.

The interest rate is calculated by time savings interest rate index plus individual add-on. The time savings interest rate index is the average of one-year, two-year and three-year time savings rates of six banks, including Taiwan Cooperative Bank, Taiwan Land Bank, First Bank, Chang Hwa Bank, and Hua Nan Bank. Individual add-on is determined by the processing cost, the location of the collateral, annual income of the customer, contribution rate of the deposits, and whether the applicant is the Bank’s credit card customer, etc. The loan interest rate approved will be within 4.047﹪至6.797﹪. The service fee for each loan application is NT$2,000.

The above time savings interest rate index is adjusted on the 21^st of March, June, September and December each year.

The Bank offers refinancing services to loan customers of other banks under the condition that there is no dispute over the creditor’s rights. The interest applicable is between 4.047﹪至6.797﹪. The above time savings interest rate index is adjusted on the 21^st of March, June, September and December each year.

The time savings interest rate adjusted every three months is 2.297％.

The time savings interest rate adjusted every six months is 2.297％.