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Father and daughter are reading together; image used for HSBC Personal Instalment Loan.

HSBC Personal Instalment Loan

Fixed regular monthly payments allow you to budget accurately.

Exclusive Offer

  • As low as 0.09% monthly flat rate (APR as low as 2.02%)1
  • Submit document(s) to enjoy HKD100  cash rebate2

Features

  • Fast approval and cash withdrawal within 1 minute3
  • Borrow up to HKD1,500,000 or 12 times your monthly salary, whichever is lower
  • Flexible repayment period up to 60 months
  • Redraw the amount you've repaid again in future without needing to reapply4

Eligibity

  • You must be a Hong Kong resident
  • You must be at least 18 years old
  • You must have a monthly income of at least HKD5,000

Interest rate

Preferential interest rate for personal instalment loan
Loans amount (HKD)

Flat rate per month 

6-12 months

Monthly repayment amount (HKD) - 

For every HKD10,000 loan amount (APR)
12 months

HKD5,000 - HKD99,999 0.19% HKD852.4 (4.28%)
HKD100,000 - HKD199,999
0.17%
HKD850.4 (3.82%)
HKD200,000 - HKD299,999
0.15%
HKD848.4 (3.37%)
HKD300,000 - HKD499,999
0.14%
HKD847.4 (3.15%)
HKD500,000 - HKD799,999
0.13%
HKD846.4 (2.92%)
HKD800,000 - HKD999,999
0.12% HKD845.4 (2.70%)
HKD1,000,000 - HKD1,499,999
0.10%
HKD843.4 (2.25%)
HKD1,500,000 or above
0.09%
HKD842.4 (2.02%)
Preferential interest rate for personal instalment loan
Loans amount (HKD)
HKD5,000 - HKD99,999

Flat rate per month 

6-12 months

0.19%

Monthly repayment amount (HKD) - 

For every HKD10,000 loan amount (APR)
12 months

HKD852.4 (4.28%)
Loans amount (HKD)
HKD100,000 - HKD199,999

Flat rate per month 

6-12 months

0.17%

Monthly repayment amount (HKD) - 

For every HKD10,000 loan amount (APR)
12 months

HKD850.4 (3.82%)
Loans amount (HKD)
HKD200,000 - HKD299,999

Flat rate per month 

6-12 months

0.15%

Monthly repayment amount (HKD) - 

For every HKD10,000 loan amount (APR)
12 months

HKD848.4 (3.37%)
Loans amount (HKD)
HKD300,000 - HKD499,999

Flat rate per month 

6-12 months

0.14%

Monthly repayment amount (HKD) - 

For every HKD10,000 loan amount (APR)
12 months

HKD847.4 (3.15%)
Loans amount (HKD)
HKD500,000 - HKD799,999

Flat rate per month 

6-12 months

0.13%

Monthly repayment amount (HKD) - 

For every HKD10,000 loan amount (APR)
12 months

HKD846.4 (2.92%)
Loans amount (HKD)
HKD800,000 - HKD999,999

Flat rate per month 

6-12 months

0.12%

Monthly repayment amount (HKD) - 

For every HKD10,000 loan amount (APR)
12 months

HKD845.4 (2.70%)
Loans amount (HKD)
HKD1,000,000 - HKD1,499,999

Flat rate per month 

6-12 months

0.10%

Monthly repayment amount (HKD) - 

For every HKD10,000 loan amount (APR)
12 months

HKD843.4 (2.25%)
Loans amount (HKD)
HKD1,500,000 or above

Flat rate per month 

6-12 months

0.09%

Monthly repayment amount (HKD) - 

For every HKD10,000 loan amount (APR)
12 months

HKD842.4 (2.02%)

The monthly repayment amount and the Annualised Percentage Rate (APR) is calculated based on 12, 24, 36, 48 or 60-month repayment period and loan amount of every HKD10,000. The monthly repayment amount is rounded up to one decimal place. The APR is calculated using method specified in relevant guidelines issued by The Hong Kong Association of Banks, and is rounded up or down to the nearest two decimal places. An APR is a reference rate, which includes all applicable interest rates, fees and charges of the product, expressed as an annualised rate. Please note that the actual monthly repayment amount may differ, Customers can refer to the Loan confirmation letter for actual related information.

Promotional Period: 22 Oct 2020 - 25 Jan 2021 (both dates inclusive)

Simple steps for loan application via HSBC HK Mobile Banking app

This video shows how to apply Personal Instalment Loan via HSBC HK Mobile Banking app.

Hesitant to get a loan because it seems complex? Apply for one on the HSBC HK Mobile Banking app and experience a cleaner, simpler loan application process.

  1. Log on to HSBC HK App
  2. Scroll down and select ’Loans’ at Home screen
  3. Select ‘Personal Instalment Loan’

Note: The screen displays and the images of the website are for reference and illustration purposes only.

Loan resources and services

Desk with coins and calculator; image used for loans product.
 
This link will open in a new window

Find a suitable loan product to match with your specific needs by answering a few simple questions.

A man is using his laptop, image used for "Compare tax loans vs instalment loans" article.
 

A comparison of Tax Loan with Instalment Loan.

Five plants are growing; image used for loans product.
 

Discover tips on how to borrow wisely. 

Related products
 
 

 

Redraw against your loan without having to reapply.

 

Only pay interest on the credit you use rather than a fixed monthly payment.

 

Clear your debts faster using the Personal Instalment Loan Balance Consolidation Program.

 

Extra cash and financial flexibility to realise your personal goals. Convert your available credit limit into instant cash or transfer the outstanding balance from other credit cards to your HSBC credit card account.

To borrow or not to borrow? Borrow only if you can repay!

Remarks

  1. Only applicable to customers who successfully apply for and drawdown the loan during the promotional period with an approved loan amount of HKD1,500,000 or above. Monthly flat rate is 0.09% and Annualised Percentage Rate (APR) is 2.02% for a repayment period of 12 months. The APR is calculated using method specified in relevant guidelines issued by the Hong Kong Associations of Banks, and is rounded up or down to the nearest two decimal places. An APR is a reference rate, which includes all applicable interest rates, fees and charges of the product, expressed as an annualised rate.
  2. To be eligible for HKD100 cash rebate under the Document Submission Offer for Personal Instalment Loan or Personal Tax Loan, an Eligible Customer must submit supporting document(s) required by the Bank for a Loan application and the Loan of HKD100,000 or above must be approved during the Promotional Period.
  3. Applications have to be submitted during the Bank’s service hours (Monday to Friday: 9 am - 8 pm, Saturday: 9 am - 5 pm, Sunday and public holidays: 12 noon - 12 midnight, or individual branch’s opening hours) with all required information (including without limitation a valid HSBC banking account number) and documents. The actual turnaround time starts when all the required information is successfully input into the Bank’s application evaluation system and the Bank may provide the instant application result and fund disbursement. Processing time may vary in some cases depending on the actual circumstances of individual applications.
  4. Minimum redraw is HKD3,000 and you must have had a Personal Instalment Loan account for at least 3 months. The Bank reserves the final right of allowing customers to redraw or not and has sole discretion to determine the redrawn amount and tenor.
  5. Please note that we do not appoint any third parties to refer Personal Instalment Loan applications to us and will not process any application that was referred by    a third party under beneficial arrangement. For enquiry, please call our hotline at (852)2233 3000.