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HSBC Home Loan, Interest Rates and EMI Calculator January 2019

(Updated on 12.01.2019) HSBC Home Loan EMI January 2019 –Get Instant Quick & Easy Approval on HSBC Home Loan. Loansninsurances.com provide a simple tool to calculate your Home Loan EMI on the basis of✓Interest Rate✓Loan Tenure✓Processing Fee✓Eligibility✓Best Offers & more.

HSBC HOME LOAN – INSTANT QUOTES ONLINE

Professional Details
Loan Amount
Occupation
Yearly Income
City
Disclaimer: We do not provide Home Loans but help you to connect with banks to get best deals.
All loans are on sole discretion on the respective banks

HSBC Bank Home Loan

HSBC Bank offers home loan with various features and benefits like low interest rate, balance transfers, doorstep facility and Nill pre-closure charges, etc. HSBC home loan is skillfully designed to provide home loan to Resident Indians and Non-Resident Indians (NRIs) for ready properties, select under construction properties approved by HSBC, purchase of plot of land, self-construction and home improvement. Check your home loan eligibility with HSBC home loan eligibility calculator and get your home loan approved within a few days.

HSBC also provides Personal loan at its affordable interest rate to meet financial expenses at time of cash crisis.

HSBC Home Loan Interest Rate

Floating Rates

Home Loans

 

Regular

Salaried

8.75% p.a

Self-Employed

8.85%

HSBC Home Loan EMI Calculator

HSBC Home Loan EMI Calculator

Fill Loan Amount, Interest rate & Tenure in Fields & get Instant Calculation for Home loan emi within seconds.
Loan Amount
Interest Rate (Reducing) % Per Annum
Loan Tenure (in Months)
 
Monthly EMI
Total Amount with Interest
Flat Interest Rate PA
Flat Interest Rate PM
Total Interest Amount
Yearly Interest Amount

HSBC Home Loan Eligibility

  • The applicant should earn a minimum of Rs. 5, 00,000 p.a. if salaried Rs. 7, 50,000 p.a. if self-employed.

  • The minimum age of the applicant should be 21 years old and maximum 58 years old.

  • The applicant can be salaried or self employed with regular income.

HSBC Home Loan Documents Required

  • Proof of Identity: Passport / Election/Voter’s ID / Permanent driving licence / Permanent Account Number (PAN) card / Aadhaar Card. (any one)

  • Proof of Present Residential Address: Passport / Voter’s ID / Permanent driving licence / Society outgoing bill (only from registered societies) / Electricity/water/telephone bill / Gas bill (pipeline connection only) / Property tax bill / Domicile certificate with address issued by Municipal Corporation.

For Salaried Individuals

  • Bank statements for last 3 months showing last 3 salary credit

  • Latest 3 months’ salary slips showing statutory deductions

Self-employed Individuals

  • P&L account, balance sheet certified/ audited by a CA and computation of income for last 2 years.

  • Acknowledged IT returns for last 2 years

  • Partnership Deed is required for partnership firms.

Consultant / Self-employed Professionals

  • Same as the extant eligibility for self-employed individuals.

HSBC Home Loan Prepayments

  • Prepayment is permitted after 6 months of disbursal of the loan.

  • In case of the loan switching to floating rate, prepayment charges will not be applicable.

  • For Home Loan and Smart Home (floating rate) : No pre-payment charges.

  • For amount more than 25% of the loan amount sanctioned: 3% of amount prepaid

HSBC HOME LOAN MCLR JANUARY 2019

Tenure MCLR
Overnight 8.20%
1 Month 8.20%
3 Months 8.50%
6 Months 8.75%
1 Year 9.00%

Where to contact HSBC?

In order to get personalized services one may visit to designated HSBC branches located at important cities such as New Delhi, Kolkata, Ludhiana, Chandigarh, Ahmedabad, Vadodra, Gurgaon, Guwahati, Patna, Lucknow, Bangaluru, Mumbai, Pune, Chennai, Jaipur, Indore, Vishakhapatnam and Hyderabad for any query.