Home Loan

Home Loans from HSBC

We understand that buying a house is one of the most important decisions in life, for people across the world. We also know that while most people dream of owning a perfect home, achieving that goal can be quite a challenge, especially when it comes to arranging the finance required to make such an expensive purchase.

But you can now fulfill this dream by opting for a Home Loan from HSBC.

Home Loan Features Benefits

Your dream home, a reality

Loan requirement - Loans ranging from Rs. 3 lakhs 1 upto Rs. 10 crore 1

Property types - Loans are available 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. NRI applicants must have a local co-applicant or a local contact person.

Loan tenure - Loans are available for tenures upto 20 years and for salaried customers up to 25 years.

Interest rate - We, The Hongkong and Shanghai Banking Corporation Limited, India (HSBC/the Bank) offer Home Loans at floating rate of interest. From time to time we also offer fixed rate for Home Loans for specific loan tenures. For details, if fixed rate special offering is available, the offering features and the applicable terms and conditions reach out to your Relationship Manager or visit the nearest HSBC branch. Click here to know existing rate of interest.

Fees Charges 4

A total of 1% of the loan amount sanctioned or Rs. 10,000, whichever is higher, will be applicable as Processing Fee (plus service tax). The fee is collected in two parts: Rs. 5,000 + Service Tax is to be paid upfront along with the loan application and the balance Processing Fee amount + Service Tax is to be paid before disbursal of the loan. Processing Fee paid is non-refundable.