HSBC Personal Loan Interest Rates

Interest Rate (Monthly reducing balance) 11.29% p.a. to 17.50% p.a
Processing Fees Upto 2.5% of the disbursed loan amount
Loan Tenure 6 Months to 5 years
Pre-closure Charges 3.75% of the principal outstanding (which would be allowed only after 12 months from the date of loan disbursal)
Guarantor Requirement No guarantor required