HSBC Bank Hyderabad

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About HSBC Bank

HSBC which has acquired a cult status in the world when it comes to banking and financial services, has always been a supporter of customer’s dreams. It has taken care of more than 45 million customers all across the globe with its extensive and well suited financial products and services. In India too, HSBC Bank is on the path of success and is fully supporting the ambition and dream of its customer. HSBC Bank is operating from a head office which is located at Flora Mountain in the city of Mumbai. It is monitored regularly under the Banking Regulation Act by the Reserve Bank of India. The bank has a very interesting history, which is a must read. Hongkong and Shanghai Banking Corporation Limited in the year took control of Mercantile Bank during the period of 1959. Mercantile Bank was actually formed in Mumbai, then Bombay in 1853. So you can say the bank began its operation as early as 1853.

HSBC Bank introduced the first ever Automated Teller Machine (ATM) in India in 1987. Hyderabad is the HiTech city of India and is contributing to a major extent to the GDP. HSBC bank has established one branch in the city so that people don’t have to put a brake on their dreams.

Address of HSBC Bank Hyderabad branches

BranchAddressIFSCMICRContact details
Hyderabad Bhavan Road6 - 3 - 1107 & 1108, Raj Bhavan Road, Somajiguda, Hyderabad 500082
Telangana
HSBC0500002 5000390029885843434

Products offered by HSBC Bank

People in the city of pearls, Hyderabad can always look forward to HSBC Bank for getting a home loan, personal loan, loan against property and business loan. They just have to meet the eligibility norms and complete the imposed documentation work on time. Those who are interested in multiplying their money can open a fixed deposit account and avail good returns. The bank is the one stop destination for all the financial needs of the people. Check out these tables to know every important detail.

Basic details of HSBC Bank loans in Hyderabad

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

8.50% - 9.00%

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
10.99% - 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% - 7.50%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 Hyderabad 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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