HSBC Home Loan in Mumbai

About HSBC Bank Home Loan in Mumbai

Mumbai is the entertainment and financial capital of India. Every day so many people go to the city in search of employment and a good standard of living. The city that never sleeps is famous for its tall buildings and skyscrapers. Buying a house in Mumbai is simply like a beautiful dream. The city has some of the best places to live in like Bandra, Andheri East, Goregaon, Worli and the list goes on and on. That’s the reason so many people wish to buy a house here in Mumbai. One can do so by taking a home loan from HSBC bank. HSBC bank has about nine branches in the city and all of them provide the best service to the customer.

HSBC Bank Home Loan Mumbai at a glance

The important details of the product offered by HSBC bank have been given below.

ParticularDetails
Interest rate

8.55% - 9.05%

Loan amountMinimum amount- ₹ 3 Lakhs
Maximum amount- ₹ 10 Crore
TenureUp to 20 years
For salaried customers- up to 25 years
Processing fee1% of the sanctioned loan amount plus service tax
Pre-payment chargeNIL

Eligibility criteria for HSBC Bank Home Loan Mumbai

HSBC bank has set up certain norms of eligibility for the interested applicants. Any applicant is supposed to fulfill them if he/she wishes to avail a home loan from the bank.

  • The minimum age of the applicant should be 21. This means he/she should have attained the age of 21 when the loan is applied.
  • The maximum age at the time of maturity for a salaried employee, public limited or government employee and a self-employed individual is 58 years, 60 years and 65 years respectively.
  • The bank has set a minimum annual income requirement for every applicant. In case, the applicant is a salaried employee he/she must an annual income of at least ₹ 5 Lakhs. For self-employed individuals, the requirement is at least ₹ 7.5 Lakhs as annual income

Documents required for HSBC Bank Home Loan Mumbai

The applicant is required to submit some documents to the bank for successful disbursal of a home loan. The list of important documents for salaried customers, self-employed individuals and consultants / Self-employed Professionals have been given below. Have a look at them.

For salaried employees

  • Proof of Identity- Aadhar card/Driving License /Passport /PAN Card/ Voters ID card
  • Proof of Age- PAN card/Driving license/Passport/School leaving certificate
  • 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 Income- Latest salary slips of three months which shows statutory deductions
  • Bank statement of the past three months which shows last three salary credits

For self-employed individuals

  • Proof of Identity- Aadhar card/Driving License /Passport /PAN Card/ Voters ID card.
  • Proof of Age- PAN card/Driving license/Passport/School leaving certificate
  • Proof of Income- Income Tax returns of the previous two financial years
  • 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
  • Audited Balance Sheet and Profit & Loss account
  • 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
  • Bank statements of the past six months

For Consultant / Self-employed Professional

  • Bank account statement of the past six months
  • Proof of Identity- Aadhar card/Driving License /Passport /PAN Card/ Voters ID card
  • Proof of Age- PAN card/Driving license/Passport/School leaving certificate
  • 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
  • Audited Balance Sheet and Profit & Loss account
  • Income Tax returns of the previous two financial years

For more information please refer to Home Loan Mumbai

Address of HSBC bank branches in Mumbai

The address of HSBC bank branch in the city has been given below along with its IFSC & MICR codes and contact details.

BranchAddressIFSCMICRContact details
Main branch52/60, M.G. Road, Mumbai 400001 MaharashtraHSBC04000024000390029820214373
AndheriHSBC, Plot No. 139 - 140 B, Western Express Highway, Sahar Road Junction, Vile Parle (East), Mumbai - 400057 MaharashtraHSBC04000034000390039920607799
Bandra HSBC Centre, Dr Ambedkar Road, Bandra (West), Mumbai 400050, MaharashtraHSBC04000044000390049820188489
Borivali Siddharth Arcade, L T Road - Factory Lane Junction, Borivali (West), Mumbai 400092 MaharashtraHSBC04000054000390059833397494
ChemburMercantile Apartments, Dr Choitram Gidwani Road, Chembur, Mumbai 400074 MaharashtraHSBC04000064000390069820282220
Peddar RoadAsha Mahal, 46 B, Dr G Deshmukh Marg, Mumbai 400026 MaharashtraHSBC04000074000390079819834210
JuhuEden Square, Plot No. 3/1, N.S. Road No. 10, JVPD Scheme, Juhu, Vile Parle (West), Mumbai - 400049 MaharashtraHSBC04000084000390089819926026
LokhandwalaE - 2/3/4, Manish Garden, Ground Floor, J P Road, Andheri (W), Mumbai 400053 MaharashtraHSBC04000104000390109821910999
PowaiPrudential House, Ground Floor, Hiranandani Business Park, Powai, Mumbai 400076 MaharashtraHSBC04000124000390129820129197

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