Personal Secured Loan from HSBC

Personal Secured Loan from HSBC

 Personal Secured Loan

In Bangladesh, the HSBC Group’s history dates back to 1996 when The Hongkong and Shanghai Banking Corporation (HSBC) Ltd opened its first branch. Today, the HSBC Group offers a comprehensive range of financial services in Bangladesh including commercial banking, consumer banking, payments and cash management, trade services, treasury, and custody and clearing. Retail Banking and Wealth Management: With a network of 13 offices, 38 ATMs, 9 Customer Service Centers, an offshore banking unit, and offices in 7 EPZs, HSBC offers a full range of personal banking and related financial services including current and savings accounts, personal loans, time deposits, travellers cheques and inward and outward remittances. A Personal Secured Loan is a fixed loan secured by your time deposit held with HSBC. The loan will provide you with the flexibility to meet any emergency cash needs you may have, so you don’t have to encash your high yield investments.

Personal Secured Loan

Personal Secured Loan:

HSBC is pleased to offer you HSBC Select – a customised banking proposition offering exclusive privileges and unrivalled personal attention. HSBC Select is designed to provide you with a superior service offering, access to exclusive facilities, preferential pricing, convenient services and personal attention, allowing you greater personal and financial freedom. HSBC all need a helping hand to be able to live HSBC life to the fullest. And in this regard, HSBC believe that we can be your right partner by providing you with HSBC Personal Secured Loan products that will help you meet your needs so that you never have to compromise with all that life has to offer! Personal Secured Loan

These loans may be availed by both businessmen and salaried individuals, regardless of whether they are an existing HSBC customer or not. For a more detailed analysis of your eligibility, please contact us at HSBC call center, or fill out HSBC referral form. Personal Secured Loan to get any HSBC Branches.

Personal Secured Loan:

Personal Secured Loan of HSBC

Benefits of Personal Secured Loan from HSBC:

● Loan amount is up to 95% of the value of your taka time deposit or WEDBs or 80% of the value of your foreign currency time deposit or USDBs with minimum loan amount of BDT90,000

● Competitive interest rates

● Processing fee – 0.15% of the approved amount, minimum BDT 2,500

● Flexible repayment schedules ranging from 12 to 60 equal monthly installments

● Partial prepayment and early settlement facilities

● Automatic and free transfer of monthly installments from your savings account without affecting the interest earned on that account.

● Option of one time repayment at the end of loan tenure with discounted interest rate is available.

General Background of HSBC:

● Opened first Bangladesh branch in December 1996

● Network of 13 offices, 38 ATMs, 9 Customer Service Centers, an offshore banking unit, and offices in 7 EPZs

● 1051 employees as of December 2010

● Key business areas:

Personal Secured Loan:

Retail Banking and Wealth Management of HSBC:

● Commercial Banking

● Corporate and Institutional Banking

● Global Markets

Reference by: HSBC Personal Secured Loan