Avail of special interest rates as low as 9.80% p.a.$ on Loan Against Property (LAP) and transfer of your LAP

You can avail special interest rates* on transfer of your Loan Against Property (LAP).

The loan is available at floating rate of interest and the applicable interest rates* are:

LAP 9.80% p.a.
Smart LAP with CF 9.95% p.a.
Smart LAP without CF 10.20% p.a.

  • You can transfer your LAP only from a list of financiers approved by HSBC
  • The minimum and maximum loan amount depends on city of property and property type.

Please refer to the terms and conditions for details.

So, go ahead and apply today.
All fields mandatory
Name :
Are you an existing
HSBC Customer :
  Yes   No
Occupation :   Salaried             Self Employed
Annual Income :
City :  
Loans available for listed cities only
Mobile Number :
E-mail Address :

This is not a Loan Application Form. HSBC India reserves the right to seek such documents as deemed fit, for granting LAP. Granting LAP shall be at the sole discretion of HSBC India and the said decision shall be final and non-contestable, under any circumstances.

By providing this information, you are providing consent for HSBC or an authorised representative to contact you.

Click here for terms and conditions.

With effect from 1 April 2016, the interest on your floating rate loan is linked to HSBC's Marginal Cost of Fund based Lending Rate (MCLR).The MCLR applicable to your loan will be the 3 month MCLR published by the Bank at the beginning of the calendar quarters in January, April, July and October. This will be the benchmark rate for all the new loan disbursals during the calendar quarter. The interest rate on the loan will be reset at the beginning of these calendar quarters as per the revision in the 3 month MCLR. Any change to the 3 month MCLR will lead to a revision in Equated Monthly Instalment (EMI) or the loan tenure at the Bank’s discretion. The revised loan interest rate will be notified to you quarterly by SMS, or e-mail or letter as per the Bank’s prevailing policy,however SMS will be the preferred mode. Though the current benchmark rate is the 3 month MCLR, the bank reserves the right to change the benchmark rate to a different maturity of the MCLR rate, with due notice to you.The interest rate of your loan is 3 month MCLR plus the margin (spread). The margin charged to you will not be increased throughout the tenure of the loan, except on account of deterioration in the credit risk profile of the borrower.. Any revision in the 3 month MCLR would impact your floating interest rate loan. The MCLR is effective from 1 April 2016. All loans are subject to Terms and Conditions and are at the sole discretion of The Hongkong and Shanghai Banking Corporation Limited, India (HSBC). Loans, available for applicants and properties in and around the city limits of Ahmedabad, Bengaluru, Chandigarh, Chennai, Hyderabad, Kolkata, Jaipur, Mumbai, New Delhi (NCR) and Pune are subject to change from time to time. We do not fund under construction property in Kolkata.

$Interest rates of the loan are subject to change from time to time at bank’s discretion.
 

Privacy and Security   |   Terms of Use   |   Hyperlink Policy
© Copyright 2024. The Hongkong and Shanghai Banking Corporation Limited, India (HSBC India). Incorporated in Hong Kong SAR with limited liability. All rights reserved.