For salaried employees
- Photocopy of your NRIC (front and back)
- Latest three months’ computerised payslips, or latest Notice of Assessment with your latest month’s payslip, or latest six months’ CPF statement
If you’re looking for a personal loan with competitive rates of interest and a no-nonsense approval process, the HSBC Personal Loan could be a good choice for you. Loan terms range from 1 to 7 years and are tailored to meet a range of individual needs.
3.7% EIR: 7%
Interest Rate From
Maximum Loan Amount
Up to 7 years
|Special Offer||Apply by 12 June 2020 and get a promotional interest rate from 3.7% p.a. (EIR 7% p.a. is only applicable to customers with annual income of at least $80,000, and tenor between 3-7 years) and receive S$108 cashback plus S$88 processing fee waiver. T&Cs apply.|
- 1-2 years: 4.8% p.a.
- 3-7 years: 3.7% p.a.
|Interest Rate From||3.7% |
|Minimum Loan Amount||S$5,000|
|Maximum Loan Amount||S$200,000|
|Loan Tenure||Up to 7 years|
|Approval Duration||1 minute approval in principle. "Next Day" approval available for loans up to S$100,000|
|Loan Account Type||N/A|
|Go to site|
Personal loans from HSBC can range from 1 to 7 years. Interest rates on these loans are fixed, typically ranging from 7% (EIR) to 9% (EIR) – the amount you’ll pay varies depending on the size and length of the loan. Whether or not you’ll be accepted for a persona loan will be determined by how responsibly you’ve managed credit in the past, among other factors.
As with any personal loan, the total cost of your loan depends on the amount you borrow, the loan terms and your repayment instalments. Plus, you could face additional charges and fees. Some of these include:
Applicants who have an annual income of at least S$80,000 could get preferential interest rates when choosing a loan term of between three and seven years.
It’s easy to apply for a personal loan with HSBC and you can do so online. Start by clicking the green “Go to site” button on this page.
To be eligible, you must meet the following requirements:
When applying for a loan you typically have to provide:
finder.com is an independent comparison platform and information service that aims to provide you with the tools you need to make better decisions. While we are independent, the offers that appear on this site are from companies from which finder.com receives compensation. We may receive compensation from our partners for placement of their products or services. We may also receive compensation if you click on certain links posted on our site. While compensation arrangements may affect the order, position or placement of product information, it doesn't influence our assessment of those products. Please don't interpret the order in which products appear on our Site as any endorsement or recommendation from us. finder.com compares a wide range of products, providers and services but we don't provide information on all available products, providers or services. Please appreciate that there may be other options available to you than the products, providers or services covered by our service.