Key benefits

  • Low interest rates
    Get interest rates as low as 3.7% p.a. (EIR 7% p.a.)1,3
  • Loan up to 8x your monthly income
    Fulfill your biggest dreams with a high maximum loan amount of 8 times your monthly income or up to SGD200,0001.
  • Fixed monthly repayments
    Get greater convenience and predictability with fixed monthly repayments on your HSBC Personal Loan.
  • Loan tenor of up to 7 years
    Enjoy the freedom to choose a loan tenor from 1 to 7 years, so you can pick a repayment period that you are comfortable with.
  • Redraw on your existing loan
    Redraw SGD1,000 or more from your current loan for more financial flexibility.
  • 1 minute approval in-principle1
    Receive approval in-principle almost immediately when you apply for HSBC Personal Loan online.

Promotional Interest Rates1

Valid till 31 March 2020

Interest rates for applicants
Tenor (years) Equivalent Flat Interest Rate (p.a.)2 Applied/Effective Interest Rate (p.a.)3
1 3.8% 7%
2-4 3.7% 7%
5-7 3.8% 7%
Interest rates for applicants
Tenor (years) 1
Equivalent Flat Interest Rate (p.a.)2 3.8%
Applied/Effective Interest Rate (p.a.)3
7%
Tenor (years) 2-4
Equivalent Flat Interest Rate (p.a.)2 3.7%
Applied/Effective Interest Rate (p.a.)3
7%
Tenor (years) 5-7
Equivalent Flat Interest Rate (p.a.)2 3.8%
Applied/Effective Interest Rate (p.a.)3
7%
Sign-up gift

Receive SGD108 cashback and $0 processing fee1

1Terms 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.

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.

Things to note

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