HSBC Home Loan: Are you looking for Home Loan then HSBC Bank has brought for the customers HSBC Home Loan at attractive interest rate for which any person can apply.
In this article, we will get all the information related to HSBC home loan, such as what is this home loan, what is the interest rate of this loan, eligibility, etc. and how can you apply for this loan, so you are requested to Read this article till the end.
Like other banks, HSBC Bank also provides home loan facility to its customers. HSBC Home Loan Interest Rate 8.35% p.a. starts from You can talk to the Relationship Manager for more information about the interest rate.
Under Home Loan from HSBC Bank Rs 3 lakh to Rs 30 crore Can get amount up to Rs. NRIs can also apply for this loan.
HSBC Home Loan India
Any salaried and self employed person HSBC Bank Home loan can apply for. Your CIBIL Score should be good to take a home loan as your credit history is also checked by the bank before applying for the loan.
If the customer’s income and credit score is very good then the customer can get more Loan Amount Can get home loan up to Rs. You can avail HSBC Home Loan for construction of a house, purchase of a house or renovation/renovation of a house.
HSBC Home Loan Applicant must have local co-applicant or local contact person to take. The loan tenure is maximum 25 years for salaried customers and 20 years for others.
The processing fee for this home loan is 1% of the loan amount or Rs.10,000. The processing fee is collected in two parts: Rs.5000 + applicable taxes.
This amount has to be paid upfront while applying for the loan and the balance processing fee has to be paid before the loan is disbursed. The processing fee to be paid is non-refundable.
If you want to prepay your loan amount for the purpose of reducing your loan tenure or reducing EMI, then for this you need to HSBC Bank has to send a written instruction.
If your instruction is not clearly received by the bank, then the bank reduces the loan amount on the basis of prepayment amount received by default.
HIGHLIGHTS:
| loan name | hsbc home loan 2022 |
| name of lender | HSBC Bank |
| Rate of interest | Starting from 8.35% p.a. |
| loan tenure | For Salaried Customers – Maximum 25 Years For others – Maximum 20 years |
| loan amount | Rs 3 lakh to Rs 30 crore |
| processing charge | 1% of the loan amount |
| official website | www.hsbc.co.in |
HSBC Home Loan Interest Rate 2022
HSBC Home Loan Interest Rate 8.35% p.a. starts from These are floating rates of the bank. You can also talk to the Relationship Manager for more information about the interest rate.
If you apply for that loan without knowing the correct interest rate of the loan, then you may have to face problems at the time of paying the loan.
HSBC Home Loan Benefits and Features
- Home is our piece of heaven. It is the dream of every person to have his own house. You can make your dream home come true with HSBC Home Loan.
- You can get a home loan for building or buying or renovating a house.
- HSBC Bank offers home loans to both residents and non-residents of India.
- You can get a home loan from Rs 3 lakh to Rs 30 crore from this bank.
- The customer can avail this loan for a maximum period of up to 25 years.
- To avail this home loan you will need to insure your property with an insurance company against loss due to fire, earthquake, flood and other damages with The Hongkong and Shanghai Banking Corporation Limited, India as the beneficiary |
- Facility to transfer your home loan to HSBC Bank.
- You can easily calculate your loan EMI with the help of HSBC Home Loan Calculator by visiting the official website of the bank.
Benefits of switching your home loan to HSBC
If you want to reduce your loan tenure or reduce your EMI, you can transfer your loan to HSBC. You can get the following benefits by transferring the loan to HSBC:
- Interest rates starting from 8.35% (Floating Rate Loan)
- Credit up to 0.3% of the loan amount
- Zero Processing Fee
- Top-up up to 150% at the same rate
HSBC Home Loan Eligibility
- Both salaried and self employed individuals can apply for this loan.
- You can apply for a minimum loan of Rs 3 lakh and a maximum of Rs 30 crore.
- The minimum age of the applicant should be 21 years and the maximum age should be 58 years for salaried and 65 years for self-employed.
- The minimum annual income of a salaried applicant should be Rs.5,00,000 and the minimum annual income of a self-employed person should be Rs.7,50,000.
- Both resident and non-resident (NRI) of India can apply for this loan.
HSBC Bank Home Loan Documents
For more details about the documents you can contact your Relationship Manager (RM) or visit the nearest branch. Some common documents are as follows:
- Filled application form with one passport size photograph.
- Proof of Identity (Any One): Passport / Electoral-Voter ID Card / Permanent Driving License / Permanent Account Number (PAN) Card / Aadhaar Card
- Proof of Current Residential Address: Passport / Electoral-Voters ID Card / Permanent Driving License / 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
- Proof of Age (Any One): Passport / Permanent Driving License / PAN Card
Financial/Income Documents Required for Resident Indian
For Salaried Individual:
- Latest 3 months salary slip showing statutory deductions.
- Last 3 Months Bank Statements Last 3 Salary Credits |
For Self Employed Individual:
- Approved IT Returns (with e-Acknowledgment) for the last 2 years.
- P&L Account, Balance Sheet certified/audited by CA and Income Computation of last 2 years with all enclosures and Auditor’s Report.
- Primary Bank Account Statement for the last 6 months.
- Partnership deed is also necessary for the partners of the partnership firm.
- Additionally required for Directors of Private Limited Companies: Shareholding pattern or Memorandum and Articles of Association duly certified by a CA and list of directors.
For Consultant / Self Employed Professional:
- Approved IT Returns (with e-Acknowledgment) for the last 2 years.
- P&L Account, Balance Sheet certified/audited by CA and Income Computation of last 2 years with all enclosures and Auditor’s Report.
- Primary Bank Account Statement for the last 6 months.
Financial/Income documents required for Non-Resident Indian (NRI)
For Salaried:
- Copy of valid Indian passport showing visa stamp or copy of foreign passport/equivalent documents
- Copy of valid visa/work permit/equivalent documents supporting NRI status of the applicant account holder
- Latest attached copy of proof of salary/salary certificate/salary slip
- Foreign Bank Account Statement showing Salary Credit for last 3 months
- 3 Months NRE/NRO Account Statement
- Local bureau report of the country/region where the customer is based
For Applicant working in Merchant Navy:
- Latest contract copy. If at ‘home port’ for more than 6 months this year, copy of future contract is required
- Latest Continuous Discharge Certificate (CDC) for 3 years employment proof
- Passport copy for proof of identity
- Primary Bank Account Statement for the last 3 months
- Local bureau report of the country/region where the customer is based (applicable if the country/region of residence is other than India)
For Self Employed:
- business license or equivalent document
- 6 months foreign bank account statement and NRE/NRO account statement
- Income Computation, P&L Account and Balance Sheet for the last 3 years certified by CA/CPA or any other relevant authority (or equivalent company accounts)
- Passport copy with valid visa stamp
- Brief description of the applicant and business in the specified format
- Local bureau report of the country/region where the customer is based
How to apply for HSBC Home Loan?
You can apply for this loan either online or offline:
HSBC Home Loan Apply Online
- To apply online, you must first visit the official website of this bank.
- In the option of Borrowing on the home page of the website home loan The option of will appear, click on it.
- On the next page, all the information related to the home loan will appear in front of you.
- You have to read this information correctly.
- on this page to apply Apply Now The option of will appear, click on it.
- An application form will open in front of you.
- You have to submit the form by entering the information sought in the form.
- After that the bank employees will contact you and the loan process will be continued further.
How to apply offline?
- To apply offline, you have to visit your nearest HSBC Bank branch.
- You will have to contact the bank employee by going to the bank branch.
- The bank employee will provide you all the information related to the home loan.
- After that your documents will be verified.
- You have to fill a form and attach the documents with the form and submit it to the bank on the spot.
- After filling the form, your form will be verified by the bank and the loan process will be continued further.
Home loan fees and charges
| processing charge | Up to 1% of the loan amount or Rs.10,000 |
| For floating rate home loan | no prepayment fee |
| For Fixed Rate Home Loan | Up to 25% of the loan amount sanctioned in each financial year: Nil
For amounts above 25% of the loan amount sanctioned in each financial year: 3% of the prepaid amount |
HSBC Home Loan Customer Care Number
| Resident Customers | Within India | From abroad |
|---|---|---|
| HSBC Premier (Toll Free) | 1800 266 3456, 1800 120 4722 | +91-40-61268001+91-80-71898001 |
| HSBC Personal Banking / Credit Cards (Toll Free) | 1800 267 3456, 1800 121 2208 |
+91-40-61268002+91-80-71898002 |
| Business Banking, | 1800 274 3211 (Toll Free) | +91-22-50166043 |
| Retail Business Banking (RBB) – For general queries (Toll Free) | 1800 419 5400, 1800 123 2979 | +91-40-61268004+91-80-71898004 |
| Retail Business Banking (RBB) – For HSBCNet queries (Toll Free) |
1800 120 2210 | +91-022-50323533 |
conclusion
In this article you HSBC Home Loan Complete information about has been obtained in Hindi. Anyone who wants to take home loan from HSBC Bank can apply for home loan by reading this article.
If you want to get any other information about this loan, then you can get more information by calling the HSBC home loan customer care number.
FAQ:
30 crores up to Rs.
Starts from 8.35% p.a.
Up to 1% of the loan amount.