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HSBC Personal Loan

    HSBC Personal Loan Features

    HSBC Personal Loan Eligibility Criteria Details
    HSBC Personal Loan Interest Rate 9.75% p.a.
    HSBC Personal Loan Lowest EMI per lakh Rs 2112
    HSBC Personal Loan Tenure 12 to 60 months
    HSBC Personal Loan Processing Fee 1% to 2% of Loan Amount
    HSBC Personal Loan Prepayment Charges Allowed after 12 Months (2 – 4 %)
    HSBC Personal Loan Part Payment Charges Allowed after 12 Months (2 – 4 %) 
    HSBC Personal Loan Min Loan Amt ₹ 50,000
    HSBC Personal Loan Max Loan Amt ₹ 75 Lakh


    1.  Simple documentation
    2.  Competitive pricing
    3.  Personal loan disbursal in just 2 days*
    4.  Transparent procedure
    5.  Personal loans available for various needs

    What do we offer?

    1. Know your Personal loan eligibility in 1 minute, available online and across all branches.
    2.  Highly competitive interest rates for personal loans.
    3.  Special offers, interest rates and nominal charges for HSBC Bank account holders.
    4.  Special personal loan offers* for women employees.

    HSBC Personal Loan Documents Required

    HSBC offers you Personal Loan with simple and easy documentation process (though documentation varies from individual to individual). The document requirement is based on your profession, income and loan requirement. Documents required are:

    1. Proof of identity: Copy of passport/voter ID card/driving license
    2. Last 3 months bank statement/6 months bank passbook
    3. Latest salary slip/ current dated salary certificate with the latest Form 16
    4. Proof of address: Copy of ration card/telephone or electricity bill/rental agreement/passport

    HSBC Personal Loan Eligibility Criteria

    Regular Income Group: This category includes salaried doctors, CAs, employees of private limited companies, employees from public sector undertakings including central, state and local bodies.

    Eligibility Criteria:

    You are eligible if you are:

    1. Age: 21-60 years.
    2. Employment: Have had a job for at least 2 years and a minimum of 1 year with your current employer
    3. Earning: Minimum income: Rs. 12,000/- per month net income

    Rs. 15,000/- in Mumbai, Delhi, Bangalore, Chennai, Calcutta, Ahmedabad, Cochin)

    Not everyone can apply for a personal loan, an applicant have to follow some eligibility criteria based on which bank approves the applicant’s request. There are two categories of applicants:

    1. Salaried
    2. Self-employed

    There are various eligibility criteria for both applicants.

    Salaried Applicant:

    1. The minimum required age of an applicant must be between 21 years to 60 years.
    2. A metropolitan city borrower should have a minimum income of Rs 18,000. And for the non-metropolitan city, the minimum salary should be Rs 12,000.
    3. The work experience of the borrower should be for three years, and the salary should be received in their account only.
    4. A person applying for a personal loan should have a good credit history.

    Self-employed Applicant:

    1. The required age of a self-employed person should be of 25 years.
    2. The person should file ITR for the last three years, applying for a personal loan.
    3. An applicant must have a good credit score must, and there should not be any debt left due.
    4. The minimum amount should be of Rs 2.5 lakhs per annum at least.
    5. The business should be running for at least from the last three years if the applicant owns a business.
    * Interest rate can vary as per individual’s portfolio.
    * All loans repayment period are over 6 months. No short term loans.
    * Credit at sole discretion of the Banks we have a tie-up with.
    * The Organisation do not charge money from customers.