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HSBC Bank Personal Loan Interest Rate and EMI Calculator May 2019

(Updated on 08.05.2019) HSBC Bank Personal Loan EMI Calculator May 2019 – Get Instant Quick & Easy Approval on HDFC Bank Personal Loan. Loansninsurances.com provide a simple tool to calculate your Personal Loan EMI on the basis of ✓ Eligibility ✓ Interest Rate ✓ Loan Amount ✓ Repayment Tenure & more.

HSBC BANK PERSONAL LOAN – QUICK, EASY & INSTANT APPROVAL ONLINE

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

HSBC Bank Personal Loan

HSBC Bank Personal Loan one of the most pleasing Personal Loans providing financial support to each & every needy customer to fund his/her financial emergencies at the most reliable Interest Rates. HSBC Personal Loan is the mostly favoured because of its varied facilities such as quick loan disbursal, Balance Transfer on Personal Loan facility, no requirement of collateral/guarantor, marriage expenses, travel expenses, and any other personal needs & contingencies. Choose your best personal loan and calculate your eligibility with HSBC Personal Loan Eligibility Calculator. HSBC Bank has striking HSBC Home Loan to help every individual to buy/build/expand/renovate his or her dream house/flat.

HSBC Bank Personal Loan Interest Rate

Interest Rate 11.29% to 17.50%
Processing fee range 2.5% of the loan amount
Loan Amount 15 lakhs – 30 lakhs
Tenure Max. 5 years

HSBC Bank Personal Loan EMI Calculator

HSBC Bank Personal Loan EMI Calculator

Fill Loan Amount, Interest rate & Tenure in Fields & get Instant Calculation for Personal 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 Bank Personal Loan Eligibility

  • Applicant must be an existing HSBC customer.

  • Applicant should be a resident Indian.

  • The minimum age of the Applicant should be 21 years.

  • The maximum age of the Applicant at loan maturity should be 58 years years for salaried and 65 years for the self employee.

  • The minimum net annual income should be Rs.400,000 p.a. and above for Corporate Employee Pro-gramme and Rs.500,000 and above for other customer.

HSBC Bank Personal Loan Documents Required

  • Proof of Identity: Passport/Election/Voter’s ID/Permanent driving license /Government employee ID card/Defence ID card/Permanent Account Number (PAN) card/Aadhar Card/Photo ration card/National Rural Employment Guarantee Act (NREGA) Job Card.

  • Proof of Residence: Passport/Driving license/Birth certificate /Photo PAN card /School leaving certificate.

 Salaried Individuals

  • Latest salary slip showing statutory deductions

  • Form 16 & Salary account statements for the last 3 months

Self-employed Individuals

  • Acknowledged IT returns for the last 2 years

  • Bank statement of the primary account for the last 6 months

  • Audited/ certified financial documents mandatory.

HSBC Bank Personal Loan PrepaymentsPrepayment charge is upto 3.75% of the principal outstanding.

HSBC Bank Personal Loan FAQs

Can I foreclose or prepay my loan?
Yes, you can prepay the entire loan outstanding anytime after paying 6 installments. Prepayment charges as applicable would be levied on the outstanding loan amount. No part prepayment is allowed.

What is the procedure to prepay my Personal Loan?
For prepayment of your Personal Loan account, please visit our nearest HSBC Bank branch. We request you to carry with you the following documents to complete the process:
1. Request Letter signed by the loan applicant
2. PAN Card (if the mode of payment is cash and the amount is more than Rs.50,000)
3. Payment can be made through cash, cheque or demand draft.

Do I have to pay any additional charges?
A processing fee of 2% to 2.25% depending on the company you are employed in and location of the loan will be levied. This fee will be deducted from the disbursal amount payable to you.

Do you offer Balance Transfer facility in Personal Loan?
We offer Balance Transfer Facility if you have paid 12 EMI. Please contact your nearest branch or our call center for further details.

What is the loan amount that can be sanctioned?
Based on your kind of business and your relationship with HSBC Bank, the final loan amount is decided.

What are the loan tenure options?
The loan can be repaid over a period of 12 to 60 months

What security/collateral do I have to provide for Loan?
No security, collateral or guarantors are required for obtaining Personal Loans.