HSBC Personal Loan
Updated: 10 Jul 2025
HSBC offers personal loans designed for speed and convenience, with fast approvals and minimal paperwork. Ideal for those needing immediate financial support, HSBC loans provide flexibility in repayment terms and competitive interest rates, making it a hassle-free option for borrowers seeking quick access to funds.
Why Trust SingSaver
Monthly Repayment
S$ 879EIR
Starting from 3.50 % p.a.Processing Fee
S$ 0- One of the lowest interest rates from 1.80% p.a (EIR 3.50% p.a) for those earning min. S$30,000 annually.
- No processing fees
- Instant disbursement upon approval to an HSBC bank account
- Get a 1-minute in-principle approval on your HSBC Personal Loan
- Max. loan amount equal to 90/95% of approved credit limit at time of application
- Min. loan amount of S$1,000
- Option to borrow at a slightly longer loan tenure of 7 years
- Early repayment fee: 2.5% of the repayment amount
- Overdue interest: 2.5% + prevailing interest on overdue amount
- Late payment fee: S$75 for each monthly repayment that is not received in full by the monthly due date
- A new income criteria for HSBC Credit Card and Loan will take effect from 1 October 2025. Learn more.
Eligibility
Min. Annual Income: S$30,000
Minimum Age: 21 years old
Required Documents
1. NRIC (Front & Back)
2. For salaried employees: Last 3 months’ computerised payslip, or latest Income Tax Notice of Assessment with latest 1 month’s computerised payslip, or latest 6 months’ CPF statement (for Singaporeans or PRs)
3. For self-employed persons: Last 2 years’ Income Tax Notice of Assessment
Key Features
The information displayed above is for reference only. The actual rates offered to you will be based on your credit score and is subject to the provider’s approval.