Top Banks 2024
HSBC Bank Lucknow
Last Updated : Feb. 24, 2017, 8:07 p.m.
About HSBC Bank
A banking brand entered Indian boundaries with the vision of meeting the financial needs of the people and giving them an experience like never before. The very same brand has able to serve the interest of about 45 million customers belonging to different countries. That bank is HSBC Bank. HSBC bank India is an Indian banking subsidiary of the company HSBC Holdings Plc, which has dominated the global banking sphere. HSBC is regarded as a reliable and trustworthy banking and financial organization across the world. The bank is conducting major operations from its main head office in the city of Mumbai. RBI (Reserve Bank of India) is monitoring the operations of HSBC bank as per the Banking Regulation Act of 1949.
The HSBC group has several members in the nation, like HSBC Asset Management Private Limited, HSBC Professional Services Private Limited, HSBC Agency Private Limited and HSBC Global Shared Services Private Limited. The parent company HSBC is making its presence felt in the mutual funds’ scene as well. It is one of the leading asset management companies in the country. Lucknow is a very important city of Northern India and therefore is part of the smart cities mission. To provide the people of the city of nawabs financial assistance, HSBC bank has set up a branch.
Address of HSBC Bank Lucknow branches
| Branch | Address | IFSC | MICR | Contact details |
|---|---|---|---|---|
| Lucknow | 1, Shahnajaf Road, Opp. Saharaganj Mall, Lucknow 226001 Uttar Pradesh | HSBC0226002 | 226039002 | 9919003018 |
Products offered by HSBC Bank
HSBC bank has a product which can satisfy your requirement at any given point of time. The different products that can be availed are a personal loan, business loan, home loan and loan against property. Have a look at the following two tables for getting extra knowledge about the products.
Basic details of HSBC Bank loans in Lucknow
| 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 Lucknow 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) |