HSBC Bank Kochi

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About HSBC Bank

HSBC Bank is a prominent foreign bank conducting operations here in India since a long time. The bank has set up the main head office in Mumbai, Maharashtra. All the activities of the bank are properly regulated and evaluated under the Banking Regulation Act of 1949. Reserve Bank of India is the guardian of the bank in our country, looking carefully at its operations and activities. The bank is a subsidiary of the foreign HSBC Holdings Plc which is based out of England. We can actually say that HSBC Bank has a long history in the country. The reason being the takeover of Mercantile Bank in the year 1957 by The Hongkong and Shanghai Banking Corporation Limited. It should be noted that Mercantile Bank was formed in Mumbai in the October of 1853. It soon expanded further by the year 1855.

HSBC Bank has always been the first to bring in change and innovations. It made India aware about the new concept of ATMs in the period of late 1980s. Kochi is the commercial capital of Kerala and holds a lot of prominence. HSBC Bank has a branch located in the city which takes care of the needs of the people residing here.

Address of HSBC Bank Kochi branches

BranchAddressIFSCMICRContact details
Kochi HSBC, Pulikkal Estate, M G Road, Pallimukku, Kochi - 682016 KeralaHSBC0682002 68203900299464 45443

Products offered by HSBC Bank

HSBC Bank may not be carrying many fruits in its basket but the fruits are very sweet and juicy. Here the fruits actually refer to the financial loan products, that are not in huge variety but are very apt to meet any requirement of the customer. People in the colorful city of Kochi can visit the branch in Mahatma Gandhi Road for a business loan, home loan, loan against property and personal loan. Check out the below-given tables for relevant information about the products.

Basic details of HSBC Bank loans in Kochi

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 Kochi 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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