When expenses arise, like your daughter's marriage, furnishing your home, higher education for your children or a family holiday you can turn to Personal Loan from HSBC.
HSBC customers can avail personal loans in the cities of Mumbai, Delhi, Pune, Kolkata, Bengaluru, Hyderabad, Ahmedabad, Jaipur, Chandigarh, Chennai, thiruvananthapuram, Cochin, Ludhiana and Baroda only.
HSBC India offers
Our current interest rate ranges from 12.25% p.a. to 17.5% p.a. Processing fee up to 2.5% of the disbursed loan amount
Prepayment charge is upto 3.75% of the principal outstanding. Prepayment would be allowed only after 6 months from the date of loan disbursal (after 12 months of loan disbursal date for Balance Transfer cases).
All loans at the sole discretion of The Hongkong and Shanghai Banking Corporation Limited, India (HSBC)". Personal loans are available in the cities of Mumbai, Delhi, Pune, Kolkata, Bengaluru, Hyderabad, Ahmedabad, Jaipur, Chandigarh, Chennai, thiruvananthapuram, Cochin, Ludhiana and Baroda only and is subject to change from time to time. Click here for the Most Important Terms and Conditions (MITCs) for Personal Loan from HSBC.
*The loan amount may vary subject to conditions and other internal credit policy of HSBC.
"Please note that as per recent directive in the Union budget 2016, from 1 June 2016, the effective rate of tax would be 15% (Service tax of 14%, Swachh Bharat and Krishi Kalyan Cess of 0.5% each) and will be applicable on all our fees and charges".