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 the Central Government directive, from 15Nov2015, there is new levy of Swachh Bharat Cess @0.5% with this the effective rate of tax would be 14.5% to include the Swachh Bharat Cess (0.5%). The revised tax will be applicable on all fees and charges that are levied by us.Do approach HSBC PhoneBanking for any clarifications.