HSBC Personal Tax Loan in Hong Kong 2023 / 2024

HSBC HK
Loans
Products
Personal Tax Loan

Enjoy financial flexibility with cash in hand

Get approved for a Personal Tax Loan quickly and enjoy cash in hand for the upcoming tax season. What's more, you can enjoy a low-interest and flexible repayment period with no handling fees.

Enjoy fast approval and cash withdrawal within just 1 minute[@loans-withdrawin1min]
Borrow up to HKD3 million or 23 times your monthly salary, whichever is lower
No proof of income and tax demand note required[@loans-support-docs] if you've kept an auto-payroll account with us for the last 1 month
If your income is irregular (e.g. due to part-time employment, profit-sharing or commission-based pay), you won't need to provide proof of income[@loans-support-docs] as long as you've kept an auto-payroll account with us for at least the last 3 months
You can set a flexible repayment period of up to 24 months, for longer and more flexible repayment period, please visit Personal Instalment Loan for details.

APR

As low as
1.68%[@loans-lowannualisedrateoffer]

Rewards

Up to

$4,500[@loans-hkd4500-rebate-offer]

Apply now

Enjoy rewards of up to $4,500 plus double $288 additional rewards

Up to $4,500 rewards[@loans-hkd4500-rebate-offer] – Get a Personal Tax Loan now to enjoy an APR as low as 1.68%[@loans-lowannualisedrateoffer], with up to HK$2,500 cash rebate and $2,000 RewardCash. Terms and conditions apply.
Extra HK$288 in cash rebate when you draw down a Personal Instalment Loan or Personal Tax Loan during the promotional period, and accumulate the designated FX transactions. Terms and conditions apply.
Extra $288 in RewardCash when you draw down a Personal Instalment Loan or Personal Tax Loan during the promotional period, and apply for an eligible personal primary HSBC credit card. Terms and conditions apply.

dpws-tools-calculator-creator

The monthly repayment amount, monthly flat rate, Annualised Percentage Rate (APR) and total interest amount shown in the calculator are for indication only and are not meant to be final.
The rates for individual customers may vary. Please call our hotline, log on to HSBC Online Banking or the HSBC HK Mobile Banking app to enquire about your eligible rates including APR and repayment information.
The illustration does not reflect the actual allocation of principal and interest. Please also note that the actual monthly repayment amount may differ, customers should refer to the loan confirmation letter for the actual related information.
The monthly repayment amount and the APR is calculated based on a 6, 12, 18, 24-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.
Terms and conditions apply.

Apply now

Via HSBC HK App

If you have the HSBC HK App installed on your device and have set up mobile banking, you can complete your application in the app.

Apply now This link will open in a new window

Via online banking

If you're already registered for HSBC Online Banking, simply log on to get started. We've pre-filled some details for you to make your application process easier.

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Apply by phone

Call us on our 24/7 application hotline to get started.

(852) 2748 8080

Scan the QR code to open the HSBC HK App

Things you should know

Eligibility

To be eligible for an HSBC Personal Tax Loan, you must:

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

Annual fee

Not applicable

Handling charge

Subject to promotional offer

Early redemption penalty

2% of outstanding principal amount plus repayment of any applicable promotional offers

Deferred payment

For 1st repayment: 2.25% per month on approved loan amount, calculated on daily basis

Late charge

2.25% per month calculated on daily basis for amounts in arrears, plus HKD400 on each instalment due to insufficient funds

Unauthorised overdraft handling charge

Not applicable

Frequently asked questions

That depends on two key factors: how much you need to borrow, and how much you can afford to repay.

It's best to borrow only what you actually need and resist the temptation of borrowing extra money. Remember, your loan does not have to be for a round figure! You can usually borrow the exact amount you need.

It's also wise to look at all your other expenses while working out how much you can afford to repay. Try not to spend more than 30% of your gross monthly income on all your loan repayments, with the possible exception of mortgage repayments which may be up to 50% of your income. That way, you can better ensure that you can afford the extra cost of loan repayments without worrying that you can't meet other financial commitments.

A good general rule is to avoid borrowing for longer than the life of what you're paying for. For example, if you have an annual expense such as a tax bill, aim for a loan of 12 months of less. Otherwise, you'll still be paying off your first loan when the next year's tax demand arrives.

By budgeting carefully, you can balance the loan amount, loan period, and amount you can afford to repay each month.

See all frequently asked questions

Notes

To borrow or not to borrow? Borrow only if you can repay!
Please note that we do not appoint any third parties to refer Personal Tax 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.

HSBC Personal Tax Loan

Enjoy financial flexibility with cash in hand

APR

Rewards

Enjoy rewards of up to $4,500 plus double $288 additional rewards

dpws-tools-calculator-creator

Apply now

Via HSBC HK App

Via online banking

Apply by phone

Scan the QR code to open the HSBC HK App

Suggested articles

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Tax loans vs. instalment loans

What to consider before getting a loan

What to look out for when getting a loan

Things you should know

Eligibility

Fees and charges

Product information

Frequently asked questions

How much should I borrow?

How long should I borrow for?

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Notes

Important information