HSBC Bank personal loan can help you out of a financial crisis. The unsecured loan can be used to meet endless expenses, as there is no restriction on the end use of the fund. HSBC is a leading banking company in India that offers personal loan to its customers in the major cities of the country. Features like fast processing and nominal documentation has made this loan lucrative.
Our website, Loanbaba.com will provide you all details about personal loan HSBC Bank.
|HSBC Bank Personal Loan Details Updated on 19th September 2018|
|Loan Amount||Maximum Rs. 20 Lakhs|
|Loan Tenure||6 Months to 5 years|
|Interest Rate||11.29% p.a. to 17.50% p.a.|
The following key points will help you understand the features and benefits of the personal loans:
HSBC Bank has personal loan schemes for professionals and salaried individuals. The amount taken as loan can be used for either multiple or specific purposes.
At Loanbaba, you can compare and apply for personal loans online. You can check out several personal loan schemes by HSBC Bank and go through all their features such as quantum of loan, amount of loan, processing fees, interest rates, and other conditions, at one page. You can also quickly apply for HSBC Bank Personal Loan online on the bank’s official website without having to visit the branch. It is simple and easy, and you can upload all the required documents online. Disbursal is done at the soonest, and you can keep a track of your loan application on the website.
Personal Loan HSBC Bank interest rate is between 11.29% p.a. and 17.50% p.a., but varies as per individual profile. Keep a check on this page to note the updated HSBC Bank personal loan interest rate for the current year.
Personal loan eligibility may differ from one candidate to another. You can also use free-of-cost HSBC Bank personal loan eligibility calculator at Loanbaba.com. The eligibility criteria for HSBC Bank personal loan are discussed below:
Below provided are important questions about personal loan HSBC Bank.
The applicant can provide any one of the following documents: PAN card, passport, Voter ID, Defence ID card, Aadhaar card, ration card, driving license, govt. employee identity card or Job Card of NREGA. As identity roof, the applicant can provide any one of the following documents: ration card, driving license, passport, Voter ID, Society outgoing bill, water/telephone/ electricity/ gas bill, property tax bill, Municipal Corporation approved domicile certificate with address, gas bill, registered lease or rental agreement.
People living in the following cities can avail this loan: Delhi, Thiruvananthapuram, Kolkata, Hyderabad, Pune, Mumbai, Chandigarh, Cochin, Ludhiana, Jaipur, Vadodara, Chennai, Bangalore and Ahmedabad.
One can pre-close the personal loan account by pre paying after 6 months of the disbursing of the loan. One needs to send intimation to the bank in written and then, the bank gives a confirmation about the amount of prepayment. However, a Thirty Day Service Pledge Programme presence means that the customer has the option of closing the loan within just thirty days after disbursement of the loan date, subject to programme's terms & conditions.