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Personal Secured Credit

Personal Secured Credit

If you need funds urgently to meet an unexpected situation, just turn to HSBC. With Personal Secured Credit facility, we can arrange a credit facility for you, secured against time deposits.

How much can you borrow?

You can borrow up to 90% of your taka time deposit or WEDBs or up to 80% of your foreign currency time deposit or USDBs.

What is your gain?

You can re-invest your money while your primary investment remains intact and this enables you to have the flexibility to meet short-term commitments without unlocking your long-term investments.

How is Interest calculated?

Interest is calculated daily and is charged on the daily overdrawn balance every 3 months.

How do you pay back?

Facilities are repaid when time deposits are withdrawn.

Need to know more?

  • Call now on 01199 88LOAN (5626)
    01199 88HSBC (4722)
    9143423