HSBC – Personal Loan
Features
-
Borrow for 6 months to 5 years -
Get a quick decision and access to your loan -
Apply without collateral or a guarantor -
Get loans from INR 100,000 to INR 5,000,000
APPLY FOR PERSONAL LOAN
Eligibility
- Salaried applicants must be 21 to 60 years old; self-employed applicants must be 21 to 65 years old
- Only residents and citizens of India may apply
- Applicants must be employed or self employed
- The applicant’s correspondence address should be within India
- Non-resident Indian (NRI) customers cannot apply
| Description | Details |
|---|---|
| Current interest rate ranges | 9.89% pa to 14% pa |
| Processing fee (non-refundable) | Up to 2% of the loan amount |
| Full or partial prepayment charges on the amount being pre-paid (after the minimum 6 month lock-in period) |
5% within 12 months
4% within 24 months
3% within 36 months
2% after 36 months |
₹
**Note: For exceeding 120 no. of payments, a group of 12 payments will be combined into a single payment number for better chart visibility.
| Period | Payment | Interest | Balance |
|---|