- Interest Rate
- You Pay
- ₱ /mth
On that note, we will not be liable for any breach of confidentiality or privacy policies with regard to the information you provide on the third-party website.
As this link is provided for your convenience only, our connecting you to the third party website also does not constitute an endorsement of the contents of this website.Yes, please proceed!
Fast approval - five working days after you submit your documents.
Choose to repay your loan in 6, 12, 18, 24, or 36 months.
Add-on rate from 1.21% monthly.
|Min. Financing Amount||₱30,000.00|
|Max. Financing Amount||Up to ₱500,000.00|
|Min. Loan Tenure||6 months|
|Max. Loan Tenure||3 years|
|Interest Rate||1.25% per month add-on|
|Approval Duration||Loan approval within 5-7 working days|
|One time set up|
|Processing Fee||₱1,500.00 or ₱750.00 for 24 and 36 months loan tenor|
|Stamp Duty||₱1.00 for every ₱200.00 loan drawn for loans above ₱250,000.00 or loan purpose is for business use|
|Disbursement & misc. fee||N/A|
|Early Settlement||To be computed as described in the HSBC website and in the HSBC Easy Guide to Bank Services and Charges (upon loan pre- termination)|
|Late Payment Charges||36% per annum on all overdue amounts|
|Age requirement||Age 21 - 60|
|Employment eligibility||At least ₱14,000 monthly income|
|Min. salary requirement||₱14,000 gross per month|
|Guarantor / Collateral requirement||No|
|Need to open linked bank account?||Yes|
|Other details||Method of Payment - BDO branches, or via BPI/Unionbank ATM's, SM Department Stores, Supermarkets and Hypermarts|
As an international bank with a wide geographical reach, HSBC is considered as one of the largest global banking and financial service providers in the world. With over 100 years of experience, spanning different territories and regions across the globe, HSBC offers a vast array of services that covers the whole spectrum of banking and financial needs across a variety of industries. From commercial and retail banking, wealth management, to global banking and investment markets, you can expect them to provide their expert services for any demand you might have. For immediate funding needs, HSBC Personal Loan offers loan amounts ranging from ₱30,000 up to ₱500,000 at highly competitive rates starting from 14.4% per annum and a low 1.25% add-on rate per month. Loan repayment terms are also quite flexible having a minimum loan tenure of 6 months up to 3 years. Approval duration also comes in as fast as 5 days upon submission of the requirements. To avail of the loan, you need to have at least ₱14,000 gross monthly income.
Advantages Of Applying With HSBC Personal Loan
For more clarity, you can check out the product details and eligibility requirements on this page to find out if this product is right for your needs.
There are three ways for you to apply for an HSBC Personal Loan:
You must the minimum requirement to qualify for the loan. At the very least, you must have:
The HSBC Personal Loan is a multi-purpose loan which borrowers can use to their discretion. If you're in need of funds
With an HSBC Personal Loan, borrow as much as ₱500,000, subject to approval.
HSBC's Personal Loan has an interest rate of 1.25% per month. As for the other charges: Processing fee: ₱1,500.00 or ₱750.00 for 24 and 36 months loan tenor, stamp duty: ₱1.00 for every ₱200.00 loan drawn for loans above ₱250,000.00 or loan purpose is for business use.
The HSBC Personal Loan calculator computes the estimated cost of borrowing and the amount of payment per installment. Input the desired loan amount to automatically get the estimated monthly amortization for different tenors.
An applicant must fulfill HSBC’s eligibility criteria for a loan:
The basic documents required are the following: An income document such as your payslip or ITR, proof of address such as your bank statement or utility bills, and 2 or 3 valid IDs. Furthermore, you will need:
For Fully Employed applicants:
For Self-Employed applicants :
*Additional documents may be required during credit evaluation.
Loan approval is within 5-7 working days
You can contact HSBC's hotline to follow up on your loan application status.
Being one of the largest international banks in the country, with HSBC, reliability, and security will be the least of your worries. You are almost guaranteed that they can provide a service based on your requirement with regard to your banking or finance-related situation. Another important factor is the high level of service that is expected from global banks of this caliber and size. If you need additional funds with low monthly income requirements, flexible payment terms, and highly competitive rates, along with the qualities mentioned above, then HSBC is the right partner for you.
As one of the top local banks in the country, you can expect a high level of reliability and quality service when availing a BPI Personal Loan. With a loan tenure of 1-3 years, you can borrow any amount ranging from ₱20,000 to ₱1,000,000 at a low-interest rate of 14.4% per annum and a low monthly add-on rate of just 1.2%. To apply, you must be at least 21 years of age and have a minimum monthly income of ₱25,000.
Offered by one of the top international banks, Citibank Ready Credit Personal Loan lets you get easy access to cash for your immediate needs. Borrow amounts for as little as ₱20,000, to as high as ₱2,000,000 with an interest rate of just 15.6% per annum. Payment is flexible as you choose terms of 1 to 4 years. To be eligible, you have to be 25-65 years of age with a minimum income of ₱21,000 per month.
With Maybank Enable Personal Loan, you can take advantage of competitive rates and flexible payment terms when you borrow amounts ranging from ₱50,000 up to ₱1,000,000. Enjoy low-interest rate for as low as 13.2% per annum, with payment tenure of up to 3 years. You must have a minimum monthly income of ₱18,000 and at least 23 years of age in order to apply.
Are you still looking for a personal loan that matches your need? We also suggest that you view all Cash Loans listed on our website and choose the right one for you.