HSBC Bank Bengaluru
Last Updated : June 1, 2018, 3:40 p.m.
About HSBC Bank
HSBC is a global brand name which has been associated with banking and financial services and covers different parts of the world. The entire network of HSBC covers about 70 countries in all the major continents. It has already served over 45 million customers worldwide through its efficient products and services. The journey of HSBC Bank in India began when Hongkong and Shanghai Banking Corporation Limited brought Mercantile bank in 1959. Mercantile bank was established in then Bombay, in 1853. So one can say the history of HSBC bank India dates back to 1853. The bank is based in Mumbai at Flora Mountain and is regulated by the ‘Central Bank’ ie Reserve Bank of India. Some of its group members are HSBC Securities and Capital Markets (India) Private Limited, HSBC Global Shared Services (India) Private Limited, HSBC InvestDirect Securities (India) Private Limited, HSBC Asset Management (India) Private Limited.
HSBC Bank has been a trendsetter all across the bank and even in India, it followed the same strategy. It launched the first ATM in the nation in 1987 and introduced the given concept to India. The bank has always believed in playing a positive role in the economy of the country. It takes pride in the fact it has given profitability importance but not made it the sole focus. The first focus has always been the customer. The Silicon Valley of India, Bengaluru has been touching new milestones every other day. HSBC Bank is truly supporting the city from behind by offering financial assistance whenever needed.
Address of HSBC Bank Bengaluru branches
| Branch | Address | IFSC | MICR | Contact details |
|---|---|---|---|---|
| Main branch | No. 7, Mahatma Gandhi Road, Bengaluru 560001, Karnataka | HSBC0560002 | 560039002 | 9880915977 |
| Jayanagar | HSBC, No. 84, Gandhi Bazar Main Road, Basavanagudi, Bengaluru - 560004 Karnataka | HSBC0560003 | 560039003 | 9845375797 |
Products offered by HSBC Bank
HSBC Bank offers people in the city, a home loan, business loan, loan against property and personal loan. It has specially designed products that are of utmost important to the customers. Interested in knowing about the different products offered by the bank? If yes, then check the tables which we have created specially to give you a better perspective.
Basic details of HSBC Bank loans in Bengaluru
| Product | Eligibility | Loan amount | Interest rate | Processing fee | Tenure |
| Home loan | 1.Minimum age- 21 years 2.The maximum age at the time of loan maturity: Salaried- 58 years Government/Public Limited Employees- 60 years Self-employed - 65 years 3.Minimum Annual Income requirement: Salaried- ₹ 5 Lakhs Self-employed- ₹ 7.5 Lakhs | ₹ 3 Lakhs to ₹ 10 crore | 8.75% - 9.10% | 1% of the loan amount plus service taxes applicable | 25 years for salaried applicants 20 years for others |
| Personal loan | HSBC Customers in the cities of Kolkata, New Delhi, Mumbai, Pune, Chennai, Kochi, Bangalore, Hyderabad, Jaipur, Ahmedabad and Chandigarh can apply for a personal loan. 1.The applicant must be an existing HSBC bank customer. 2.Should be a resident Indian. 3.Minimum age- 21 years. 4.Maximum age during maturity of loan: Salaried- 58 years Self-employed- 65 years 5.Minimum net annual income: Corporate Employee Program- ₹ 4 Lakhs and above For others- ₹ 5 Lakhs and above | ₹ 15 Lakhs Selected customers can apply for a maximum of ₹ 30 Lakhs | 9.75% - 16.00% | 2.5% of the sanctioned loan amount | Up to five years |
| Fixed deposits | You need to be an existing HSBC bank customer to open a fixed deposit account | ₹ 10,000 and above | 2.25% - 4.50% | NIL | 7 days to 10 years |
| Loan against property | 1.Minimum age- 21 years 2.The maximum age at the time of loan maturity: Salaried- 58 years Government/Public Limited Employees- 60 years Self-employed - 65 years 3.Minimum Annual Income requirement: Salaried- ₹ 5 Lakhs Self-employed- ₹ 7.5 Lakhs | ₹ 3 Lakhs to ₹ 10 crore | 10.10% | 1% of the loan amount plus service taxes applicable | 15 years |
| Business loan | Applicants who can apply: Private Limited Companies Sole Proprietors Partnerships 1.Minimum age of guarantor- 21 years 2. Maximum age of the guarantor while the loan matures- 65 years 3. Profit after Tax should be positive | ₹ 10 Crore | As per the prevailing base rate i.e 9% |
Documents required
The documents needed for availing a loan from HSBC Bank Bengaluru have been mentioned below-
| Product | Documents |
|---|---|
| Home loan | Proof of Identity- Aadhar card/Driving License /Passport /PAN Card/ Voters ID card. Proof of Current Residential Address- Voter ID card/Passport/Electricity Bill/Telephone Bill/Driving license/Society outgoing bill/Lease agreement/Gas bill/Water bill/Property tax bill/Domicile certificate with address which is issued by Municipal Corporation Proof of Age- PAN card/Driving license/Passport/School leaving certificate Proof of Income: Salaried individuals- Latest salary slips of three months which shows statutory deductions Bank statement of the past three months which shows last three salary credits Self-employed Individuals- Income Tax returns of the previous two financial years Audited Balance Sheet and Profit & Loss account Bank statements of the past six months Partnership Deed in case of Partners of a partnership firm For directors of a private limited company- Memorandum and Articles of Association or Share holding Pattern and List of directors Consultant / Self-employed Professional Bank account statement of the past six months Audited Balance Sheet and Profit & Loss account Income Tax returns of the previous two financial years |
| Personal loan | Completely filled loan application form Photographs of passport size Proof of Identity- Aadhar card/Driving License /Passport /PAN Card/ Voters ID card. Proof of Age- PAN card/Driving license/Passport/Birth certificate/School leaving certificate Proof of Address- Voter ID card/Passport/Electricity Bill/Telephone Bill/Driving license/Society outgoing bill/Gas bill/Water bill/Property tax bill/Lease agreement/Domicile certificate with address which is issued by Municipal Corporation Proof of Income: Salaried individuals- Latest salary slips of three months which shows statutory deductions Bank statement of the past three months which shows last three salary credits Form 16 Self-employed Individuals- Income Tax returns of the previous two financial years Audited Balance Sheet and Profit & Loss account Bank statements of the past six months |
| Fixed deposit | Proof of Identity- Aadhar card/Driving License /Passport /PAN Card/ Voters ID card. Proof of Current Residential Address- Voter ID card/Passport/Electricity Bill/Telephone Bill/Driving license/Society outgoing bill/Lease agreement/Gas bill/Water bill/Property tax bill/Domicile certificate with address which is issued by Municipal Corporation Proof of Age- PAN card/Driving license/Passport/Birth certificate/School leaving certificate |
| Loan against property | Proof of Identity- Aadhar card/Driving License /Passport /PAN Card/ Voters ID card. Proof of Current Residential Address- Voter ID card/Passport/Electricity Bill/Telephone Bill/Driving license/Society outgoing bill/Lease agreement/Gas bill/Water bill/Property tax bill/Domicile certificate with address which is issued by Municipal Corporation Proof of Age- PAN card/Driving license/Passport/School leaving certificate Proof of Income: Salaried individuals- Latest salary slips of three months which shows statutory deductions Bank statement of the past three months which shows last three salary credits Self-employed Individuals- Income Tax returns of the previous two financial years Audited Balance Sheet and Profit & Loss account Bank statements of the past six months Partnership Deed in case of Partners of a partnership firm For directors of a private limited company- Memorandum and Articles of Association or Share holding Pattern and List of directors Consultant / Self-employed Professional Bank account statement of the past six months Audited Balance Sheet and Profit & Loss account Income Tax returns of the previous two financial years |
| Business loan | For Sole proprietors- Proof of Identity- Aadhar card/Driving License /Passport /PAN Card/ Voters ID card. Proof of Current Residential Address- Voter ID card/Passport/Electricity Bill/Telephone Bill/Driving license/Society outgoing bill/Lease agreement/Gas bill/Water bill/Property tax bill/Domicile certificate with address which is issued by Municipal Corporation PAN card or Form 60 or PAN allotment letter Proof of Income- Audited Balance Sheet and Profit & Loss account Income Tax returns of the previous two years (Copies are required) Bank statement of the previous six months 2. For Partnerships Firm Proof for Identity of Partnership- Any one of the following is needed Sales Tax/ Excise registration /Service tax Registration under Shops and Establishment Act PAN ID / IT return MAPIN card issued in the name of the concerned Proof of Identity of the individual- Aadhar card/Driving License /Passport /PAN Card/ Voters ID card. Proof of Address for each partner- Voter ID card/Passport/Electricity Bill/Telephone Bill/Driving license/Society outgoing bill/Lease agreement/Gas bill/Water bill/Property tax bill/Domicile certificate with address which is issued by Municipal Corporation PAN card or Form 60 or PAN allotment letter Proof of Income- Audited Balance Sheet and Profit & Loss account Income Tax returns of the previous two years (Copies are required) Bank statement of the previous six months 3. For Private Limited Companies Proof for Identity of Partnership- Any one of the following is needed Sales Tax/ Excise registration /Service tax Registration under Shops and Establishment Act PAN ID / IT return MAPIN card issued in the name of the concerned Memorandum and Articles of Association. Proof of Identity of at least two directors - Aadhar card/Driving License /Passport /PAN Card/ Voters ID card. List of directors PAN card or Form 60 or PAN allotment letter Form 32 copy, filed with ROC Proof of Income- Audited Balance Sheet and Profit & Loss account Income Tax returns of the previous two years (Copies are required) |
