Key Benefits

• Educational loans available for studies in India or abroad
  
• Easy repayment through Equated Monthly Installment(EMIs)
  
• You have the flexibility to opt for loans upto 4 years for unsecured loans and 7 years for secured loans (against security of a residential property/shares)
  
• Loan even covers expenses for boarding and lodging
  
• Assistance provided for opening a Savings account and availing of a Debit card.
  
• Insurance option
  

Low Interest Option

HSBC offers you a competitive interest rates on your education loans. Further, you also have a choice between fixed and a floating rate of interest (floating rate option is available only in case of secured loans).

Relationship Discounts

If you are a customer with HSBC for 6 months or more, you are entitled to special relationship discounts.

Eligibility

• Applicant should be a resident Indian
  
• Residing within the city limits where HSBC has branches
• Minimum net yearly income of Rs. 150,000 for secured & unsecured loan
• Student must have secured admission to a recognized college/university in India or abroad*

Terms and Conditions

• Loans above Rs. 500,000 are available against security of residential property/shares
• Loans available for study at select institutes, based on their accreditation.
• Loans to value ratio to be less than or equal to 50% of the property valuation.
• Other terms and conditions apply.
  

All loans at the sole discretion of the Hongkong and Shanghai Banking Corporation Limited, India.