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Loan on phone

Convert your purchases into affordable monthly instalments via the HSBC India Mobile Banking app.

Shop till you drop and make low interest repayments

Quickly and easily turn your credit card purchases into monthly payments.

  • Loans available up to 24 months
  • Easy to apply
  • Low processing fee

How it works

Banking on the go

Use the loan on phone facility to turn your purchases into easy to manage monthly instalments by using the HSBC India banking app or by calling us.

  • The minimum loan on phone transaction is INR2,000. 
  • Customers have 50 calendar days to convert their purchase into instalments. 
  • Loan on phone can not be used for debit transactions including cash withdrawals and card fees. 
  • Loans are available for 3, 6, 9, 12, 18 and 24 months. 

Rates and fees

There is a 2.5% processing fee with a minimum of INR200. The annual interest rate will be communicated at the time of your Loan on Phone request.

The processing fee and the Equated Monthly Instalment (EMI) amount will show on your credit card statement. 

The EMI will then be billed on the same date for the following months.

Things to know

Who can apply?

The loan on phone feature is open to all existing HSBC credit card holders.

How to apply in the app

Apply for a Loan on Phone

Apply in the app

If you use the HSBC India app, you can apply in a few simple steps.

Apply by phone

You can also contact us by phone to apply. Lines are open from 6.30am to 8.30pm.

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