Sign up for HSBC's Personal Instalment Loan successfully from 13 October 2021 to 3 November 2021 to enjoy the following promotion:


Annualised Percentage Rate as low as 1.80%2

Successful application offer of up to HK$1,500 cash rebate3

Document submission offer of HK$100 cash rebate4

Annualised Percentage Rate as low as 1.80%2

Successful application offer of up to HK$1,500 cash rebate3

Document submission offer of HK$100 cash rebate4

 

  • $0 handling fee5
  • Loan amount of up to HK$3,000,000 or 12 times of the monthly salary6
  • Choice of repayment period from 6 months to 60 months
  • 1-minute approval7 and no income proof is required if you have maintained an auto payroll account with HSBC for one month or above8
  • 30-day cooling-off period9 – early redemption fees waiver
  • Cash withdrawal from over 1,000 HSBC's ATMs and branches
It's simple to apply 
2748 8080 (24-hour application hotline)
www.hsbc.com.hk/loan
HSBC HK App (Scroll down at Home screen > Loans > Personal Instalment Loan)

Simple steps for loan application via HSBC HK App10

Note: The highest APR of this promotion is 20.80%.

Remarks Remarks
  1. It comprises the total sum of up to HK$1,500 cash rebate under the Successful Application Offer and HK$100 cash rebate under the Document Submission Offer.
  2. Only applicable to customers who have successfully applied for and drawn down the loan during the promotional period which commences on 13 October 2021 and ends on 3 November 2021, both dates inclusive (the "Promotional Period") with an approved loan amount of HK$1,500,000 or above. Based on a monthly flat rate of 0.08%, the Annualised Percentage Rate (APR) would be 1.80% over a repayment period of 12 months. The APR is calculated using method specified in relevant guidelines issued by The Hong Kong Association of Banks, and is rounded up or down to the nearest two decimal places. An APR is a reference rate, which includes all applicable interest rates, fees and charges of the product, expressed as an annualised rate. For your applicable interest rate, please call our hotline 2748 8080; log on to Online Banking or the HSBC HK App. The interest rate that will apply and the amount of interest that will be charged are calculated based on the approved Loan amount and the repayment period. If your Loan application cannot fulfil our credit requirement, the Bank may still process your application on a case-by-case basis, but the interest rate, handling fee, repayment period and/or promotional offer may be adjusted. The Bank will inform you on the finalised Loan details. If you accept the Loan details, we will credit the Loan into your repayment account according to normal procedure.
  3. Only applicable to loan applications submitted and approved during the Promotional Period with a repayment period of 24 months or above. A customer is entitled to a HK$500 cash rebate for an approved Loan amount of HK$100,000 to less than HK$200,000, or a HK$1,000 cash rebate for an approved Loan amount of HK$200,000 to less than HK$500,000, or a HK$1,500 cash rebate for an approved Loan amount of HK$500,000 or above.
  4. Only applicable to customers who successfully submit supporting document(s) required by the Bank for the loan application during the Promotional Period with an approved loan amount of HK$100,000 or above. The Document Submission Offer is not applicable to loan applications on which the Bank does not require submission of any supporting document.
  5. $0 handling fee is not applicable to any re-drawn part of the loan. Any re-draw of the repaid loan amount is subject to a re-draw charge.
  6. The lower one applies.
  7. Applications have to be submitted during the Bank’s service hours (Monday to Friday: 9 am - 8 pm, Saturday: 9 am - 5 pm, Sunday and public holidays: 12 noon - 12 midnight, or individual branch’s opening hours) with all required information (including without limitation a valid HSBC banking account number) and documents. The actual turnaround time starts when all the required information is successfully inputted into the Bank’s application evaluation system and the Bank may provide the instant application result and fund disbursement. Processing time may vary in some cases depending on the actual circumstances of individual applications.
  8. For irregular income earners (including customers working on a part-time, commission or profit-sharing basis, contractors, independent contractors or freelance), no income proof is required if they have maintained an auto payroll account with HSBC for at least three months.
  9. The offer is only applicable to customers applying for HSBC’s Personal Instalment Loan and it is not applicable to loan redrawn. Early repayment fee of 2% of outstanding principal amount will be waived subject to repayment of the outstanding principal amount of the loan and the daily interest, calculated on a pro rata basis, incurred between the date of drawdown and the date the Early Repayment Application Form is received by HSBC. The calculation of interest payable shall be in accordance with the method applied by HSBC from time to time in apportioning repayments between interest and principal. Please click here for 30-day service pledge terms and conditions.
  10. The screen displays are for reference and illustration purposes only.
Terms and Conditions of HSBC’s Personal Instalment Loan Promotion Terms and Conditions of HSBC’s Personal Instalment Loan Promotion

When can you enjoy the offer

  1. The promotional period for the offer is from 13 October 2021 to 3 November 2021.

What is the offer

  1. You can enjoy cash rebate for your approved application of Personal Instalment Loan (“Loan”) during the promotional period.

How can you enjoy the offer

Successful Application Offer:

  1. If you submit a Loan application and the Loan is approved during the promotional period with a repayment period of 24 months or above, you will be eligible for a HK$500 cash rebate for an approved Loan amount of HK$100,000 to less than HK$200,000, or a HK$1,000 cash rebate for an approved Loan amount of HK$200,000 to less than HK$500,000, or a HK$1,500 cash rebate for an approved Loan amount of HK$500,000 or above.

Document Submission Offer:

  1. If you submit the supporting document(s) required by us for a Loan application and a Loan of HK$100,000 or above is approved during the promotional period, you will be eligible for a cash rebate of HK$100. This offer is not applicable if we do not require submission of supporting document for the Loan application.

Read before you enjoy the offer

  1. You are entitled to enjoy the offer(s) only once under this promotion.
  2. The cash rebate will be credited to your Loan repayment account on or before 28 February 2022 (the “Offer Credit Date”) without further notice. You have to ensure your Loan repayment accounts are still valid on the Offer Credit Date in order to enjoy the offer(s).
  3. If you cancel your Loan on or before the Offer Credit Date, you will not be eligible for the offer(s). You shall be required to return to us any cash rebate earned under the applicable promotional offer(s) in case of early repayment of the Loan.
  4. We can change or cancel the offer(s) or amend the terms and conditions. Please check our website for the latest details, availability and terms and conditions of the offer(s).
  5. Our employees and the employees of other members of the HSBC Group are not eligible for this promotion.
  6. In case of any dispute arising out of this promotion, our decision shall be final and conclusive.
  7. We write the terms and conditions of the offer(s) under Hong Kong laws. In the event of any discrepancy or inconsistency between the English version and the Chinese version of the promotional materials and these terms and conditions, the English version shall prevail.

Key Facts Statement

To borrow or not to borrow? Borrow only if you can repay!

Reference number: Y21-U2-LPIL67