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Personal loan

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 S$80,000.
Tenor (years) Equivalent Flat Interest Rate (p.a.)2 EIR (p.a.)2
1-2 7.1% 13%
3-7 3.7% 7%
For applicants with annual income of at least S$80,000.
Tenor (years) 1-2
Equivalent Flat Interest Rate (p.a.)2 7.1%
EIR (p.a.)2 13%
Tenor (years) 3-7
Equivalent Flat Interest Rate (p.a.)2 3.7%
EIR (p.a.)2 7%
For applicants with annual income of less than S$80,000
Tenor (years) Equivalent Flat Interest Rate (p.a.)2 EIR (p.a.) 2
1-2 7.1% 13%
3-7 4.8% 9%
For applicants with annual income of less than S$80,000
Tenor (years) 1-2
Equivalent Flat Interest Rate (p.a.)2 7.1%
EIR (p.a.) 2 13%
Tenor (years) 3-7
Equivalent Flat Interest Rate (p.a.)2 4.8%
EIR (p.a.) 2 9%

Plus, receive S$50 Cash Back (Online exclusive)3 and S$88 processing fee waiver

 

1Terms and conditions apply

2EIR refers to the Effective Interest Rate.

3The 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 a 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

Need help with your application?

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

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

Things to note

You might also be interested in

 

HSBC's Debt Consolidation Plan is a refinancing programme to consolidate the outstanding from all your existing unsecured credit facilities and is bundled with a revolving credit facility as a convenient mode for managing your daily essentials.

 

HSBC's Personal Line of Credit gives you extra cash of up to 6X your monthly salary with one of the lowest prevailing interest rate in town.