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HSBC Bank Personal Loan

  • HSBC Personal Loan – the only Personal Loan that lets you choose how to repay. Just as only a friend lets you repay the way you want. HSBC Personal Loan gives you 4 easy repayment options, so you can select one that suits you best.

    HSBC personal loan India also offers
    • Flexible personal loan tenor of up to 5 years
    • Personal Loans available from Rs.50,000 up to Rs.15,00,000
    • Easy monthly repayment through Equated Monthly Installments (EMI) with post-dated cheques or direct debit to your bank account.
    • Transfer of an existing personal loan from another bank to HSBC India, at attractive interest rates.
    • No collateral/guarantor required.
    • Easy documentation, quick processing and disbursal.
    • Low Personal Loan Interest Rates.
    • Up to Rs. 15,00,000 for Bombay and Delhi.

    Salaried Individuals

    Eligibility Criteria Loan Amount Documents Required
    individual and should be a resident Indian 50,000 – 6 lacs ( upto 8 lacs in Delhi and Mumbai) Proof of applicant’s identity Proof of residence Proof of age
    21 years-58 years Latest salary slip showing statutory deductions
    Or Form 16
    continuous employment / business should be 1 year Latest acknowledged IT return
    minimum net annual income should be Rs.75,000 p.a. Bank statements for the last 3 months Proof of Residence (any one) Ration Card / Utility bill / LIC Policy Receipt
    minimum stay at current residence should be 1 year

    Self Employed Individuals

    Eligibility Criteria Loan Amount Documents Required
    Individual and should be a resident Indian
    50,000 – 6 lacs
    (upto 8 lacs in Delhi & Mumbai)
    Proof of applicant’s identity Proof of residence Proof of age
    Professional self-employed individuals: Doctors, Chartered Accountants, Cost Accountants, Company Secretaries, Architects, Engineers and Management Graduates. Bank statements for the last 6 months
    21 years-58 years Computation of income for the last 2 years certified by a C.A.
    Continuous employment / business should be 2 years P&L and balance sheet for the last 2 years certified by a C.A
    minimum net annual income should be Rs.75,000 p.a. Copies of acknowledged IT returns for the last 2 years
    minimum stay at current residence should be 1 year

    Published on August 6, 2010 · Filed under: HSBC Bank Personal Loan, Personal Loan;
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