Personal Loan

Any purpose loan
Wish you had enough money to take an overseas vacation? Or renovate your home? Maybe buy a computer? Now you can do all these and more, with a Personal Instalment Loan from HSBC.

No personal guarantee - no cash security
We believe in our customers. That is why we do not require any personal guarantees or cash security to support the loan.

Simple documentation
The Personal Instalment Loan from HSBC assures you of one thing - simplicity. This means having to complete very simple and easy documents when applying for the loan. We offer a very competitive interest rate with low processing fees.

Who can apply?
You should be 23 years of age and employed by a well-established company with a minimum monthly income of BDT15,000. Self-employed individuals can also apply subject to proof of income.

How much would you get?
The loan amount ranges from BDT50,000 to BDT1,000,000 or maximum 10*-(14 times, in case of partially secured loan) times your monthly income, whichever is lower. However, in all cases the total approved amount will be within 30% of the total value of the goods / services availed through this financing.

How do you repay?
Loan repayments are made in the form of equal monthly instalments (EMI). You have the flexibility of choosing the repayment period (12, 24, 36, 48 or 60 instalments). Your monthly instalment can be automatically debited from your personal account held with HSBC. We also allow partial prepayment and prepayment.

How do you apply?
Just call or visit one of our branches in Dhaka or Chittagong. We will be happy to help you with your application.

[ * subject to credit assessment criteria]