Features & benefits

  • Loan amount of up to 8 times your monthly income
  • Fixed monthly repayments with choice of 1-7 years loan tenor
  • Longest loan tenor of up to 7 years1
  • Redraw on your existing personal loan with no processing fee
  • Quick decision based on 1 minute approval in-principle

Get 1 minute approval in-principle when you sign up1 online

Enjoy the following:

For applicants with annual income of at least SGD80,000.
Tenor (years) Equivalent Flat Interest Rate (p.a.)2 Applied/Effective Interest Rate (p.a.)3
1-2 4.8% 9%
3-7 3.7% 7%
For applicants with annual income of at least SGD80,000.
Tenor (years) 1-2
Equivalent Flat Interest Rate (p.a.)2 4.8%
Applied/Effective Interest Rate (p.a.)3
9%
Tenor (years) 3-7
Equivalent Flat Interest Rate (p.a.)2 3.7%
Applied/Effective Interest Rate (p.a.)3
7%
For applicants with annual income of less than SGD80,000
Tenor (years) Equivalent Flat Interest Rate (p.a.)2 Applied/Effective Interest Rate (p.a.)3
1-7 4.8% 9%
For applicants with annual income of less than SGD80,000
Tenor (years) 1-7
Equivalent Flat Interest Rate (p.a.)2 4.8%
Applied/Effective Interest Rate (p.a.)3
9%

Plus, receive SGD100 Cash back4 and $0 processing fee

 

1General and Promotion terms and conditions apply.

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

3Effective Interest Rate (EIR) is inclusive of processing fee computed based on 1% of approved loan amount, subject to a minimum of SGD88, where applicable. The Bank will apply the Applied Interest Rate (net processing fee) on the loan amount on a reducing balance method.

4The customers must also consent to receive direct marketing and promotional materials from HSBC by indicator on the letter of instruction or application form where applicable.

Apply for HSBC Personal Loan

Apply online

You will need the following:

  • Completed and signed Letter of Instruction
  • A photocopy of your NRIC (front and back) or a photocopy of your Passport and Employment Pass (front and back)
  • Income documents

View supporting documents

For salaried employees:

  • Photocopy of NRIC (front and back)
  • Latest 3 months' computerised payslips OR latest Notice of Assessment with latest 1 month's payslip OR latest 6 months' CPF statement

For self-employed/commission-based earners:

  • Photocopy of NRIC (front and back)
  • Last 2 years' Notice of Assessment

For foreigners:

  • Passport
  • Employment Pass (with validity of at least one year)
  • Latest 3 months' computerised payslips OR latest Notice of Assessment with latest 1 month's payslip OR latest 6 months' CPF statement1

Note: You can now print your Notices of Assessment at myTax Portal with your SingPass or IRAS PIN. This service is free. Log on to www.mytax.iras.gov.sg for more details.You may submit your CPF Statements via www.hsbc.com.sg. Proof of residential or mailing address is required should any of the addresses indicated on the application form differs from either one of the addresses in the documents provided.

Need help with your application?

Wish to speak to our telesales agents about HSBC Personal Loan?

Leave us your contact details and we will be in touch within 1 working day (during office hours).

Note: The offer of SGD100 cash back is exclusive to applications submitted online.

Things to note

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