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Personal Loan

Personal Loan

Personal Loan

Fulfill all your dreams with a Personal loan from HSBC

Our financial needs changes at different stages of life. Whether it is beginning a new chapter with a loved one, buying a new car or planning for your child's education, you can apply for our loans at tiny tiny rates.

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Benefits and Features

Wide range of loan amounts

- Unsecured loan amounts up to 12 times monthly salary, up to a maximum of Rs 750,000

- Secured loan amount ranges form Rs 25,000 to a maximum of Rs 2,000,000

 

Flexible repayment period

Repayment periods range from

-      1 to 5 years unsecured

-      1-7 years secured

 

Smooth loan repayment with low interest rates

  • An advance for a fixed sum over a fixed period, clean or secured
  • Interest charged is linked to the Base Lending Rate (BLR)

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Eligibility

  • Resident of Mauritius
  • Individuals aged between 18 to 65 years (loan to terminate at 65 years)
  • Minimum monthly income requirement - Rs12,000
Criteria mentioned above are for indicative purposes only. Customers are recommended to talk to a branch representative for more details.

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Documents Required

To avail of a personal loan, please submit the following documents

  • Proof of Identity - Identity Card or Passport
  • Evidence of income - an employment letter stating your salary, years of service and designation
  • Last 3 salary slips
  • Last 3 utility bills - CEB, CWA
  • Bank statements for the last six months from your previous banker, if you have banked with HSBC for less than 12 months
  • Salary should be pledged to HSBC
  • Download a Loan Application Form

 

Note: We draw your attention to the existence of the Mauritius Credit Information Bureau (MCIB). Please, Click Here, to access the information booklet.

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