Rate Your Bank
 
Product Type :

Bank that you want to rate :

Product :

Pricing
Product Features
Recomended
thumbs   thumbs-down
Customer Service
Convenience
Title


Review
Name


Email*


City


Verification Code
* Email:Required, will not be displayed.
Kindly fill in your details
and get a Home Loan sanctioned in 7 days*
* Customer name:
 
* Email:
* Gender:
Male    Female
* DOB:
    
* City:
* Residence Address:
* Mobile No:
* Occupation:
* Total Exp. (In years):
* Net Income (Rs.):
* Loan Amount (Rs.):
* Company Name:
I accept, understand & agree to always abide with the Important Terms & Conditions and the Privacy Policy of this website.I also agree to allow Rupeetalk to utilise any or all information I have entered, or will enter in the future on this website,in any such manner as Rupeetalk may deem fit.

Please give us your contact details, our advisor will get in touch with you

  • Customer name:
  •  *
  • Mobile:
  •  *
  • Email:
  •  *
  • City:
  •  *
  • Your Post:
  •  *
  • Please type the verification code:
  •  *

 

HSBC Bank Home Loan

HSBC Bank Home Loan

 

  • Expert Rating
  • ratingratingratingratingrating
  • Avg. user Rating
  • ratingratingratingratingrating

 

  • Pricing
  • Product Feature
  • Customer service
  • Convenience

 

Member's Recomendation

2   3

5 review(s)
Expert Review | Write a Review

  • Interest Rate
  • 11.25%
  • Pre payment charges
  • 3%
  • Balance Transfer Charges
    (incase of refinance)
  • 2%
     
  • Part-payment Charges
  • Nil
  • Switching Charges
    (Fixed to Floating or vice-a-versa)
  • 1.5% -on principal outstanding
     
  • Loan to Value ratio
  • 80%
  • Speed of Sanction
  • 7 working days
  • Ease of documentation
  • Pre- Approved projects only. Less Documentation
  • Customer Service
  • Good
  • Franking Charges
  • 0.2%

Features and Benefits of HSBC Bank Home Loan

Loan requirement 

  • HSBC offer you loans ranging from Rs. 5 lakhs upto Rs. 5 crore

Property types

  • HSBC offer loans to Resident Indians and NRIs for ready property, self-construction and home improvement.

Loan tenure

  • Loans are available for tenures upto 25 years.

 Home Loan repayment options

  • Choose between fixed and floating rate home loans. You also have the option of switching from a floating rate home loan to a fixed rate home loan once a year at no extra cost.

No penalty option 

  • You can opt to pre-pay up to 25% of your loan every year. Pre-payment is permitted after a minimum of 6 months following loan disbursal.

Tax benefits

  • Resident Indians are eligible for certain tax benefits on principal and interest components of a housing loan under the Income Tax Act, 1961.

Documents Required for HSBC Bank Home Loan

Salaried Individual
  • Application form with recent photograph
  • Salary slip of last 3 months
  • Latest Form 16
  • Bank statement for last 6 months
  • Processing fee check
  • Proof of identity (any one): Passport Driving licence/photo credit card/Employee licence/Voter's ID/PAN card
  • Proof of Residence (any one): Driving licence/Any utility bill/Govt. or authority bill
  • Proof of age (any one) : Passport/Voter's ID/PAN card/' Birth certificate/life insurance policy or premium receipt Signature verification proof
  • Repayment track record of existing loans/Loan closure letter
 Self Employed
  • Application form with recent photograph
  • Bank statement for last 6 months
  • Processing fee check
  • Proof of age (any one) : Passport/Voter's ID/PAN card/'Birth certificate/life insurance policy or premium receipt
  • Proof of identity (any one): Passport Driving licence/photo credit card/Employee licence/Voter's ID/PAN card
  • Proof of Residence (any one): Driving licence/Any utility bill/Govt. or authority bill
  • P&L and balance Sheet for last 2 years certified/audited by CA
  • Qualification proof of the highest professional degree
  • Proof of existence
  • Income Tax return/Computation of total income/Auditor's Report Balance sheet/Profit and loss account for last 2 years certified by CA
  • Repayment track record of existing loans/Loan closure letter
  • Proof of office address
  • Board Resolution in case of company

Expert Review of HSBC Bank Home Loan

Loading

User Reviews

  • Product Rating -

Average user rating

  • Pricing
  • Product Feature
  • Customer service
  • Convenience
  • Member's Recomendation

HSBC Exploits customer

By: Navdeep, Pune | 12 November 2009

Dear Sir, HSBC officials approached me to avails their Home Loan at a very attractive rate of 7% p.a. and promised us of their full co-operation and support in keeping the future interest rates as per...[Read]

[Comment on this review] [Write a review]

  • Product Rating -

Average user rating

  • Pricing
  • Product Feature
  • Customer service
  • Convenience
  • Member's Recomendation

AND TO ADD SALT TO INJURY, I AM ONE OF THE PREMIERE CLINTE OF THE BANK

By: mukesh gupta, Mumbai | 29 March 2010

I took 35 lakhs, smart home loan account for 180 months, within 36 months i almost cleared 30 lakhs, and requested to chnage the EMI instead of Tenure of the loan (everything was done in writing), the...[Read]

[Comment on this review] [Write a review]

  • Product Rating -

Average user rating

  • Pricing
  • Product Feature
  • Customer service
  • Convenience
  • Member's Recomendation

Bank wrongly filed RRC case with Tehsidar Mr Satyendra Singh,

By: gyanesh gupta, Indore | 27 March 2010

I Have Home Loan A/c no. 136032562220 & 136032562221 with HSBC Bank Indore for 15 years term and Installment is in all most regular upto july-2009 month, instead of this Bank wrongly filed RRC case wi...[Read]

[Comment on this review] [Write a review]

  • Product Rating -

Average user rating

  • Pricing
  • Product Feature
  • Customer service
  • Convenience
  • Member's Recomendation

HSBC bank in not ready to reduce the rate of interest from 13.75%

By: yadvinder singh buttar, Ahmedabad | 26 March 2010

I have takes loan from HSBC Bank around the 7.75% after the lot of ROI iteration from RBI it touches the upper limit 13.75%, Now problem is this they peoples still are not ready to reduce the Home loa...[Read]

[Comment on this review] [Write a review]

  • Product Rating -

Average user rating

  • Pricing
  • Product Feature
  • Customer service
  • Convenience
  • Member's Recomendation

they are deducting only half the amount of my EMI against loan payment

By: dhanuja, Mumbai | 24 March 2010

Hi, I hold a home loan in HSBC, have been paying some amount as EMI everymonth. Six months back, i made a prepayment of Rs.1, 00, 000 and the customer service personnel said, there will not be any cha...[Read]

[Comment on this review] [Write a review]

  Write a Comment

Name
Comments
Verification Code

Ask the Expert

Having difficulties with your existing credit card? have so many problems but no one to answer them?
Our experts will give you unbiased advise free from any sales intent.

Ask our experts and get your problem solved:

Call us on 1800 180 7575
(Mon-Sat 10AM to 5.30PM)
SMS 'rupee' to 56070

or submit your details here

Home loan companies

Select by benefits

  • Loan Type
  • Loan Amount
  •  
    Rs. 
  • Tenure
  •  
     years
About Us | Privacy Policy | DSA | DSA Login | Media | Careers | Make Online Payment | Feedback | Contact Us | Sitemap
Copyright © 2008-10 www.rupeetalk.com. All rights reserved.
 
Email This
* Your Name:
* Your Email:
* Friends Email:
(Separate multiple email addresses with commas.)
OR Send email using your contact list
* Your Message: