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
Interest rates ranging from 12.5% p.a. to 17.5% p.a.
Processing fee upto 1% of the disbursed loan amount
Prepayment Charge upto 4% of the principal outstanding (which would be allowed only after 6 months from the date of loan disbursal)
Interest Range for different categories of customer in Q4 2014 - 11.75% to 17.5%
Mean ( Average) interest rate in Q4 2014 - 13.67%
Annual Percentage Rate (APR) for Personal Loans with HSBC ranges between 12% - 17.84% for all loans at a maximum tenor of 60 months
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 be advised that applicable Indirect Taxes including service tax and cess would be recovered on all our fees and charges and any other amount liable to tax under prevailing Indirect Tax Laws. Please click here for Service Tax details. Fees and charges are subject to change at the sole discretion of the Bank and will be intimated to customer atleast a month prior to the same being applicable .