List of the HSBC Fees & Charges Under the Personal Loan Offer
HSBC LOAN FEES – Here is a list of the fees and charges under the Hongkong and Shanghai Banking Corporation’s personal loan offer.
Undeniably, to other types of loan, one that has a higher chance of suitability on applicant’s purpose is the personal loan offer. It serves a variety of purposes and one of the banks offering it is the Hongkong and Shanghai Banking Corporation.
The HSBC personal loan offer promotes fast approval, personalized payment terms, and convenience in paying. You can get approved within five(5) working days since the submission of the application form and requirements.
Also, under the HSBC personal loan offer, you may choose to pay for the borrowed amount in 6, 12, 24, or 36 monthly payments. You won’t have a hard time in paying as there are a lot of payment channels nationwide.
With regards to the HSBC loan fees and charges under the personal loan offer, here are they based on the official website of the bank:
- Processing Fee
- Php 1,500.00 (Deducted from the loan proceeds)
- Php 750.00 for loans under 24 or 36 months tenor
- Late Payment Fee – 36% per year of overdue payment
- Amendment Fee – Php 500.00 per amendment
- 0.75% of the drawn loan amount
Aside from the aforementioned HSBC loan fees and charges under the personal loan offer, there may be breaking costs which will be computed by the bank itself.
To apply for the said loan offer or for further inquiries, you may visit – https://www.hsbc.com.ph.
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