HSBC Bank Chandigarh

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About HSBC Bank

HSBC is a well-known name in the world of banking and financial services and has spread its wings in most countries. It has served more than 45 million customers through its different business. In India too, HSBC bank has connected people to their wishes and helped in prospering business. The ultimate goal of the bank is to help people realize their dreams and ambitions. The bank operations are regulated from time to time by Reserve Bank of India. The bank is operating from its main office in Flora Mountain in Mumbai. Few of its group members in the nation are HSBC Asset Management (India) Private Limited, HSBC Global Shared Services (India) Private Limited, HSBC InvestDirect Securities (India) Private Limited and HSBC Securities and Capital Markets (India) Private Limited.

The origins of HSBC bank in India dates back to the time when Mercantile Bank was set up in Mumbai in 1853. Hongkong and Shanghai Banking Corporation Limited purchased the bank in the year 1959 and since then has started weaving success stories. The bank revolutionized the banking sector in India when it gave the country its first ATM in the year 1987. HSBC in addition to banking has made a name for itself as an asset management company in India. Chandigarh is one of India’s developed cities and has an importance of its own. HSBC bank has been working effectively for the needs of the people of the city.

Address of HSBC Bank Chandigarh branches

BranchAddressIFSCMICRContact details
Sector 9 ChandigarhSco 1, Sector 9 - D, Chandigarh 160017 ChandigarhHSBC01600021600390029888877711

Products offered by HSBC Bank

HSBC bank may not have a wide range of products under its kitty but the bank has created some much-needed loan products that are worthy to the customers. It offers a home loan, personal loan, business loan and loan against property, you can also yield good returns on your fixed deposits by opening an account with the bank. Get the information related to documentation and eligibility through the two tables.

Basic details of HSBC Bank loans in Chandigarh

ProductEligibilityLoan amountInterest rateProcessing feeTenure
Home loan1.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

8.65% - 9.25%

1% of the loan amount plus service taxes applicable25 years for salaried applicants

20 years for others
Personal loanHSBC 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

11.29% - 17.50%

2.5% of the sanctioned loan amount Up to five years
Fixed depositsYou need to be an existing HSBC bank customer to open a fixed deposit account₹ 10,000 and above3.00% - 6.75%NIL7 days to 10 years
Loan against property1.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 crore10.10%1% of the loan amount plus service taxes applicable15 years
Business loanApplicants 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 CroreAs per the prevailing base rate i.e 9%

Documents required

The documents needed for availing a loan from HSBC Bank Chandigarh have been mentioned below-

ProductDocuments
Home loanProof 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 loanCompletely 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 depositProof 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 propertyProof 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 loanFor 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)

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