MyTerms Credit^TM Personal Loan - the only personal loan that lets you choose how to repay. Just as only a friend lets you repay the way you want. MyTerms Credit^TM Personal Loan gives you 4 easy repayment options, so you can select one that suits you best.

Now, when expenses arise, like your daughter´s marriage, furnishing your home or a family holiday you can turn to MyTerms Credit^TM Personal Loan. It´s just like borrowing money from a friend.

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Features & Benefits
Eligibility and Documents Required
Service Charges.

Apply Now for MyTerms CreditTM Personal Loan

Features & Benefits

Smooth personal loan repayment, low interest rates

Lower EMI in the first year
We give you the option of making an affordable repayment on your personal loan today. After a year you can pay a higher EMI.

Interest on utilised amount only, not on the entire loan
We make repayment easier, by charging interest on utilised amount only. Just estimate the maximum personal loan amount you need. Interest will be charged only on the amount you withdraw.

For Example:
The estimated amount for your daughter´s marriage is Rs. 3 lakhs.
Personal loan amount given by us is Rs. 3 lakhs
And you use only Rs. 2.5 lakhs.
With a personal loan from HSBC you have to pay interest only on Rs. 2.5 lakh.

Last EMI waiver
By paying a marginally higher interest rate, we help you get your last EMI completely refunded. (Available for personal loans of 48-month tenor only and applicable if your repayment is consistent throughout the period of the personal loan).

Standard EMI repayment
You pay the same EMI every month during the tenor of the personal loan.

HSBC India also offers

Flexible personal loan tenor of up to 5 years (i.e. 12, 18, 24, 36, 42, 48 and 60 months)
Personal loans available from Rs.50,000 up to Rs.15,00,000*
Easy monthly repayment through Equated Monthly Instalments (EMI) with post-dated cheques or direct debit to your bank account
Transfer of an existing personal loan from another bank to HSBC India, at attractive interest rates
No collateral/guarantor required
Easy documentation, quick processing and disbursal
Hassle free personal loan based on 12 months credit card/retail loan track record

Whatever your need, avail of MyTerms CreditTM Personal Loan

Home renovation or other home related expenses
Marriage expenses
Travel expenses
Transferring an existing loan from another bank
Purchasing consumer durables or equipment
Retiring other debts
Any other personal needs and contingencies

Special relationship discounts Special relationship discounts

HSBC customers (for 6 months or more) enjoy special discounts on processing fees
1% off for HSBC Premier clients;
0.5% off for other Personal Banking / credit card customers

up to Rs. 15,00,000 for Bombay and Delhi
up to Rs. 10,00,000 for Pune, Chennai, Bangalore and Kolkata
up to Rs. 8,00,000 for other cities

EMI date will be the 1st or 10th of every month, depending on the loan disbursal date.

Terms and conditions apply. All loans at the sole discretion of The Hongkong and Shanghai Banking Corporation Limited, India. Loans available for applicants and properties in and around the limits of cities where HSBC has branches and is subject to change from time to time.

Vide Finance Act, 2006, w.e.f. 18 April 2006, a service tax of 12% + 2% education cess thereon will be applicable on our fees and charges. For details, please Click here.