Here, we’ll simplify the breakdown of fees and rates for you to assess whether the HSBC Personal Loan suits your needs.

Enhancing your understanding of loan fees and rates:

  1. The processing fee stands at PHP1,500.00, deducted from the loan proceeds.
  2. Late payment incurs a fee and an interest charge on overdue installments, both at a rate of 36% per annum.
  3. If the loan is pre-terminated, costs will be calculated as outlined on the HSBC website.
  4. A Documentary Stamp Tax (DST) of 0.75% is deducted from the loan proceeds, except for personal loans exceeding PHP250,000.00.

And there’s more…

These fees are among those offered by the HSBC Group for interested parties. Remember, this is one of the most secure personal loan options available, originating from one of the world’s most reputable banks.

The add-on rates provided can be as low as 0.65%, with swift approval, tailored terms, and convenient payment options.

Press the button underneath to delve into all the details and benefits, and to grasp how to apply and utilize your loan today!