Give your goals a head start with a 100% arrangement fee waiver on your HSBC Personal Loan.1
Offer valid until 6 April 2022. Offer Terms and Conditions apply.
HSBC Personal Loan
Make your plans a reality with a Personal Loan with flexible terms, a quick decision and rates starting from 6.74% annual percentage rate. This rate is available to Premier customers working for a listed company with HSBC who transfer their salaries to HSBC. And if you're looking to lower your carbon footprint, an HSBC Green Personal Loan can help to pay for the costs of solar panels for your home.2 & 3
Already an HSBC Customer?
Log on to online banking for the quickest and easiest way to apply.
Why you'll want an HSBC Personal Loan
Flexible terms
Pay your loan back over 6 to 48 months.
Individualized interest rate
Get an interest rate based on your profile.
How much can I borrow?
Use our Personal Loan Calculator to adjust how much you’d like to borrow and over how many months.
You might be able to reduce your monthly repayments, and total amount payable by slightly adjusting the amount you borrow.
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**The staff of the General Head Quarters of the UAE Armed Forces can avail Personal Loan up to 60 months provided other eligibility criteria are met.
Please note that the figure provided does not take into account your individual circumstances. We strongly recommend that you get a Decision in Principle, which is a personalised estimate of how much you could borrow. Please also refer to the 'Things you should know' section.
HSBC Green Personal Loan
Live a more sustainable life with an HSBC Green Personal Loan, and get help to pay for the costs of solar panels for your home, while saving on your electricity bill.
HSBC Green Personal Loan comes with a preferential reduced rate of 5.99% per annum, with no processing fee. You can use this loan to exclusively finance the purchase and installation of solar PV panels to help lower your carbon footprint.
Currently, HSBC Green Personal Loans are only offered for the financing of solar PV panels purchased from Al Shirawi Solar LLC.
Also, with every successful application for an HSBC Personal Loan, a tree will be planted in the UAE at no extra cost to the customer, through our partnership with One Tree Planted LLC.
Are you eligible?
You can apply for a Personal Loan if you:
- are a UAE national or resident
- are between 21 and 65 years old
- earn at least AED 7,500 a month3
- have a current account with HSBC and credit your salary to that account
Things you should know
Representative example
| Total loan amount | Repayment time | Monthly instalment5 |
|---|---|---|
| AED 100,000 | 48 months | AED 2,488 |
| Total loan amount | AED 100,000 |
|---|---|
| Repayment time | 48 months |
| Monthly instalment5 | AED 2,488 |
You may have to pay penalties if you pay off a loan/financing early.
If you do not meet the repayments/payments on your loan/financing, your account will go into arrears. This may affect your credit rating, which may limit your ability to access financing in the future.
Refinancing your loans/financing may take longer to pay off than your previous loan/financing and may result in paying more in interest/profit.
How to apply
You can apply for a personal loan by logging in to online banking. If you're interested in a HSBC Green Personal Loan, complete our callback form to speak to a member of our team.
Online
Already an HSBC Customer?
Log on to online banking for the quickest and easiest way to apply.
Notes
1Offer valid if your employer is listed with HSBC. Final approval is subject to satisfactory documentation, internal policies, credit bureau checks and a salary transfer to HSBC.
2Annual Percentage Rate (APR) quoted above is fixed through out the loan tenor, and is inclusive of 1% processing fee assuming a maximum loan tenor of 48 months.
3Final approval is subject to satisfactory documentation, salary transfer, internal policies and credit bureau checks.
4With every successful application for an HSBC Personal Loan, a tree will be planted in the UAE on the customer's behalf, free of charge, through our partnership with One Tree Planted LLC.
5This example is calculated on the basis of an Advance customer applying for a personal loan of AED 100,000 for 48 months at an interest rate of 8.99%. This customer is also working for a company listed with HSBC as an Approved Employer.
6We'll get back to you within 60 minutes during working hours, Monday to Friday, 09:00 to 16:30. If you contact us outside of these times, we'll get back to you on the next working day.