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Housing / Loans / HSBC (Hongkong and Shanghai Banking Corporation Limited)

HSBC offers:

  • Competitive interest rates.

  • No application charges.

  • A nominal processing fee (which is payable only when your loan is sanctioned).

  • A no penalty option which allows you to pre-pay upto 25% of your loan every year, after the first six months With a Home Loan from HSBC, you can reap the benefits of flexible repayment options. You have :
           i.  A choice between fixed and floating interest rates.
           ii. An option to change your decision every year at no extra cost

  • HSBC offers you a choice of various types of loans, so that you can pick the one that suits you best. You can take a loan to:
           i.   Purchase a ready-for-occupation property.
           ii.  Purchase a plot of land for building a house
           iii. Purchase a property which is still under construction(as approved by HSBC)

  • Loan against property:
    You can also take a loan against your existing residential property and use the money for personal or business use.

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