Here we will be presenting all the fees and rates in a more simplified way for you, so that you may see if the HSBC Personal Loan is the best option for you.
Understanding better all loan fees and rates
The processing fee is set at PHP1,500.00 and will be deducted from loan proceeds.
A late payment fee on overdue payments and an overdue interest charge on all overdue installments will be charged at a rate of 36% per annum each.
A cost will be computed as described on the HSBC website if the loan is pre-terminated.
The Documentary Stamp TAX (DST) of 0.75% will be deducted from loan proceeds. But personal loans over the value of PHP250,000.00 are exempt from this tax.
And much more…
These are some of the fees that the HSBC Group will give to those interested. Remember, it is one of the safest personal loans in the market. Coming from one of the most well-established banks in the world.
The add-on rates that will be provided can get as low as 0.65%, with fast approval, personalized terms, and convenient payment channels.
Click the button below and see all the details and benefits, as well as learn how to apply and start using your loan today!