Sign up for HSBC's Personal Instalment Loan successfully from 25 October 2018 to 20 February 2019 to enjoy the following:

  • Preferential monthly flat rate as low as 0.08% (APR as low as 1.77%)1
  • Apply online to enjoy HK$100 cash rebate2
  • Submit supporting document(s) required by the Bank for the loan application to enjoy HK$100 cash rebate3
  • HK$0 handling fee4
  • Loan amount of up to HK$3,000,000 or 12 times of the monthly salary5
  • Choice of repayment period from 6 months to 60 months
  • 1-minute approval6 and no income proof is required if you have maintained an auto payroll account with HSBC for one month or above7
  • 30-day service pledge8 – early redemption fees waiver
  • Cash withdrawal from over 1,000 HSBC's ATMs and branches

HSBC also offers a Personal Tax Loan with a repayment period of up to 24 months and two drawdown phases to choose from Apply Online or by Phone now!

Want to know the monthly repayment and other details of your Personal Instalment Loan?

Learn more

Call  2748 8080 (24-hour application hotline)
Visit  www.hsbc.com.hk/loan

Preferential interest rate for personal instalment loan

Loan amount (HK$) $5,000 - $99,999 $100,000 - $199,999 $200,000 - $299,999 $300,000 - $499,999 $500,000 - $999,999 $1,000,000 - $1,499,999 $1,500,000 or above
Flat rate per month 24 months or below 0.17% 0.14% 0.12% 0.11% 0.10% 0.09% 0.08%
Above 24 months 0.30% 0.23% 0.19% 0.16% 0.14% 0.12% 0.11%
Cash rebate (HK$) Not Applicable APR include $200 rebate APR exclude rebate APR include $200 rebate APR exclude rebate APR include $200 rebate APR exclude rebate APR include $200 rebate APR exclude rebate APR include $200 rebate APR exclude rebate APR include $200 rebate APR exclude rebate
12 months Monthly repayment
amount (HK$) - For
every HK$10,000 loan
amount
(APR)
$850.4 $847.4 $845.4 $844.4 $843.4 $842.4 $841.4
(3.82%) (2.89%) (3.15%) (2.54%) (2.70%) (2.38%) (2.47%) (2.20%) (2.25%) (1.99%) (2.02%) (1.77%) (1.80%)
18 months $572.6 $569.6 $567.6 $566.6 $565.6 $564.6 $563.6
(3.91%) (3.04%) (3.22%) (2.65%) (2.76%) (2.46%) (2.53%) (2.26%) (2.30%) (2.05%) (2.07%) (1.82%) (1.84%)
24 months $433.7 $430.7 $428.7 $427.7 $426.7 $425.7 $424.7
(3.95%) (3.11%) (3.25%) (2.70%) (2.78%) (2.50%) (2.55%) (2.29%) (2.32%) (2.07%) (2.09%) (1.84%) (1.86%)
36 months $307.8 $300.8 $296.8 $293.8 $291.8 $289.8 $288.8
(7.00%) (5.28%) (5.37%) (4.38%) (4.44%) (3.70%) (3.74%) (3.25%) (3.27%) (2.79%) (2.81%) (2.56%) (2.57%)
48 months $238.4 $231.4 $227.4 $224.4 $222.4 $220.4 $219.4
(6.98%) (5.30%) (5.37%) (4.41%) (4.45%) (3.73%) (3.75%) (3.27%) (3.29%) (2.81%) (2.82%) (2.58%) (2.59%)
60 months $196.7 $189.7 $185.7 $182.7 $180.7 $178.7 $177.7
(6.93%) (5.28%) (5.34%) (4.39%) (4.43%) (3.72%) (3.74%) (3.26%) (3.28%) (2.81%) (2.81%) (2.58%) (2.58%)

As an illustration, total repayment amount is HK$10,204.8 based on HK$10,000 loan amount and 12 months repayment period. The highest APR of this promotion is 7.00%.

The monthly repayment amount and the Annualised Percentage Rate (APR) is calculated based on 12, 18, 24, 36, 48 or 60-month repayment period and loan amount of every HK$10,000. The monthly repayment amount is rounded up to one decimal place. 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, HK$200 cash rebate, fees and charges of the product, expressed as an annualised rate. Please note that the actual monthly repayment amount may differ, Customers can refer to the Loan confirmation letter for actual related information.

Remarks of the monthly repayment table Remarks of the monthly repayment table
  1. The above table applies to customers who successfully apply for and draw down a personal instalment loan (the "Loan") with a minimum Loan amount of HK$5,000 (the "Customers") during the promotional period which commences on 25 October 2018 and ends on 20 February 2019, both dates inclusive (the "Promotional Period").
  2. 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.
  3. You may repay the outstanding principal amount of the Loan (in whole but not in part) ahead of the final repayment date. If you choose to do so, we will charge a fee equal to a percentage (specified by us at the time) of the outstanding principal amount. You are required to repay applicable promotional offers in case of early repayment (subject to promotional terms and conditions).
  4. The proportion of interest and principal in each monthly repayment is calculated according to the Rule of 78. Further information available on our HSBC website (Borrowing> Loans>Personal Instalment Loan>Frequently Asked Questions).
  5. 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.
  6. Please contact our staff or call our hotline for details on other repayment periods.
Remarks Remarks
  1. Only applicable to customers who have successfully applied for and drawn down the loan during the promotional period which commences on 25 October 2018 and ends on 20 February 2019, both dates inclusive (the "Promotional Period") with an approved loan amount of HK$1,500,000 or above. Monthly flat rate is 0.08% and Annualised Percentage Rate (APR) is 1.77% for a repayment period of 12 months. 
  2. Applicable to loan applications submitted via HSBC website www.hsbc.com.hk or HSBC Personal Internet Banking during the Promotional Period with approved amount of HK$100,000 or above.
  3. To be eligible for HK$100 cash rebate, a customer must have successfully submitted 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.
  4. HK$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 change.
  5. The lower one applies.
  6. 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.
  7. 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.
  8. 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.
  9. The Bank may consider providing additional offers to customers based on their individual circumstances.
Promotional Terms and Conditions of HSBC's Personal Instalment Loan Promotional Terms and Conditions of HSBC's Personal Instalment Loan
  1. The promotional period of personal instalment loan ("Loan") commences on 25 October 2018 and expires on 20 February 2019, both dates inclusive (the "Promotional Period").
  2. Customers who submit the Loan application to The Hongkong and Shanghai Banking Corporation Limited, Hong Kong (and its successors and assigns) (the “Bank”) and whose application is approved during the Promotional Period are eligible for the offers under this promotion (“Eligible Customers”).
  3. The Bank reserves the right to amend these Terms and Conditions at any time with appropriate notice. The Document Submission Offer is not applicable to loan applications on which the Bank does not require submission of any supporting document.
  4. Employees of the Bank and other members of the HSBC Group are not eligible for this promotion.
  5. In case of any dispute, the decision of the Bank shall be final and conclusive.
  6. In the event of any discrepancy between the English and Chinese versions of these Terms and Conditions, the English version shall apply and prevail.
  7. These Terms and Conditions are governed by and will be construed in accordance with the laws of the Hong Kong Special Administrative Region.
  8. These Terms and Conditions are subject to prevailing regulatory requirements.
  9. No person other than the customer and the Bank will have any right under the Contracts (Rights of Third Parties) Ordinance to enforce or enjoy the benefit of any of the provisions of these Terms and Conditions.

Applicable to Online Exclusive Offer only:

  1. To be eligible for up to HK$100 cash rebate under the Online Exclusive Offer, an Eligible Customer must submit a Loan application via HSBC website www.hsbc.com.hk or HSBC Personal Internet Banking with an approved loan amount of HK$100,000 or above during the Promotional Period.
  2. Each Eligible Customer is entitled to the Online Exclusive Offer once only under this promotion.
  3. The cash rebate will be credited to each Eligible Customer’s Loan repayment account on or before 30 June 2019 (the “Online Exclusive Offer Credit Date”) without further notice. Eligible Customers have to ensure their Loan repayment accounts are still valid on the Online Exclusive Offer Credit Date in order to enjoy the Online Exclusive Offer.
  4. An Eligible Customer who cancels his/her Loan on or before the Online Exclusive Offer Credit Date will not be eligible for the Online Exclusive Offer. An Eligible Customer is required to return to the Bank any cash rebate earned under the applicable promotional offers in case of early repayment of the Loan.

Applicable to Document Submission Offer only:

  1. To be eligible for HK$100 cash rebate under the Document Submission Offer, an Eligible Customer must submit supporting document(s) required by the Bank for the Loan application and the Loan of HK$100,000 or above must be approved during the Promotional Period.The Document Submission Offer is not applicable to loan applications on which the Bank does not require submission of any supporting document.
  2. Each Eligible Customer is entitled to the Document Submission Offer once only under this promotion.
  3. The cash rebate will be credited to each Eligible Customer's Loan repayment account on or before 30 June 2019 (the "Document Submission Offer Credit Date") without further notice. Eligible Customers have to ensure their Loan repayment accounts are still valid on the Document Submission Offer Credit Date in order to enjoy the Document Submission Offer.
  4. An Eligible Customer who cancels his/her Loan on or before the Document Submission Offer Credit Date will not be eligible for the Document Submission Offer. An Eligible Customer is required to return to the Bank any cash rebate earned under the applicable promotional offers in case of early repayment of the Loan.

Key Facts Statement

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

Reference number: Y8-U2-LPIL67