Pledged Deposit Overdraft Facility

Fixed deposit transforms into ready funds for making all your dreams come true


  • Standby line of credit up to 100% of the fixed deposit value
    HKD and USD fixed deposit with 3 months or above deposit tenor are eligible to be used as pledge. Limit of the credit line depends on the loan ratio of the correspondent fixed deposit. Maximum loan ratio can be up to 100% of the fixed deposit value or HK$ 15,000,0001, whichever is lower.
  • Waiver of handling fee
  • Overdraft Facility supports the combinations of multiple fixed deposit accounts2
  • Flexible and handy application procedures3
  • No minimum repayment is required. Interest is charged only on the daily-utilized credit line amount which suits for short-term investment or cash needs.


Pledged Deposit Overdraft Facility– Annual interest rate and loan ratio table

Currencies of Pledged DepositOverdraft Facility (Annual interest rate)Loan Ratio (% of fixed deposit value)
HKDFixed Deposit interest rate +1% OR HIBOR +1% (whichever is higher) Maximum up to 100%
USD4Prime Rate (P)5Maximum up to 95%

Application is easy! Please visit our branches to apply!


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



Overdraft Facility ("OD") Terms and Conditions:


  1. The pledged deposit OD facility is only available within the tenor of pledged deposit. The minimum credit line limit is HK$50,000. The maximum of HKD and USD fixed deposit’s credit line limit is HK$15,000,000 respectively; The maximum credit limit is counted based on each customer.
  2. Should the OD limit be secured by a combination of deposits attracting different OD interest rates, in calculating interest, Chong Hing Bank Limited ("the Bank") will first apply the lowest of these interest rates until the OD limit corresponding to this particular type of deposits has been fully utilized. Thereafter, the next lowest interest rate will be applied, and so on.
  3. Reactivation of the OD line service is not required if the fixed deposit is auto rollover.
  4. For the pledged USD fixed deposit, the credit line limit is granted by converting USD to HKD with the value roundown to the nearest ten thousand unit.
  5. "P" refers to the Hong Kong Dollar Prime Lending Rate as quoted by the Bank from time to time.
  6. If there is any conflict or inconsistency between the Chinese and the English versions of these terms and conditions, the latter shall prevail.

The above information is provided for reference only and the application is subject to the Bank's final approval. The Bank reserves the right to cancel or amend these terms and conditions and promotional offers, including adjusting loan ratio at any time without prior notice. In case of disputes arising from this promotion, the Bank's decision shall be final.