As a Personal Line of Credit customer, you may convert your credit limit to an instalment loan at an attractive interest rate, up to a maximum of 90% of your available credit limit.

Promotional interest rates1:
Tenor (years)
Equivalent Flat Interest Rate (p.a.)2
Applied/Effective Interest Rate (p.a.)3
Processing fee4
1-2
4.8%
9%
Waived
3-7
3.7%
7%
Waived
Promotional interest rates1:
Tenor (years)
1-2
Equivalent Flat Interest Rate (p.a.)2
4.8%
Applied/Effective Interest Rate (p.a.)3
9%
Processing fee4
Waived
Tenor (years)
3-7
Equivalent Flat Interest Rate (p.a.)2
3.7%
Applied/Effective Interest Rate (p.a.)3
7%
Processing fee4
Waived

Sign up on/before 30 September 2019 and receive S$100 cashback upon approval.

1Terms and conditions apply.

2Flat interest rate is for reference only and is based on a front-end add-on calculation method (Interest = instalment plan principal x flat interest rate x instalment plan tenor).

3Effective Interest Rate (EIR) is inclusive of processing fee computed based on 1% of approved instalment plan amount, subject to a minimum of S$88, where applicable. The Bank will apply the Applied Interest Rate (net processing fee) on the instalment plan amount on a reducing balance method.

4Fees and charges apply.

Features & benefits

  • Supporting documents are not required.
  • Fixed monthly repayments with choice of tenor between 1 and 7 years.
  • Reinstatement of available credit limit upon monthly repayment.

Apply now for a HSBC Personal Line of Credit Instalment Plan

Apply by SMS

Simply SMS PIP<space>NAME<space>12-digit Personal Line of Credit account number to 74722.

A HSBC customer service officer will contact you on your application within 3 working days.

Apply by phone

Simply contact us on 1800-HSBC NOW (4722 669)

Or leave us your contact details and we will be in touch within 3 working days (during office hours).

Things to Note