Personal Loan
Get what you need now.
Choose our most competitive loan, with low interest, flexible terms, and preferential treatment.
More benefits
- Most competitive interest rates - starting from 6.25% p.a *
- Loans Amounts up to BHD 60,000 *
- Minimum balance waiver – Get an HSBC Current Account with no minimum balance requirement
- Minimal paperwork – to make your loan application process as straightforward as possible
You can apply for a Personal Loan if:
- You're a Bahraini National or expatriate resident aged between 21 to 60 years
- You're an expat aged between 21 to 60 years
- You earn a minimum monthly salary of BHD 4,000
A Service charge of BHD 20 per month will be leveid if a minimum average relationship balance of BHD 35,000 (or equivalent in foreign currency) is not maintained in deposit(s)/investments with HSBC Bahrain.
The service will be discontinued if the required balance is not maintained for 6 months in a year.
| Accounts | |
|---|---|
| Time Deposit | Preferencial interest rates |
| Overdraft | Preferencial interest rates |
| Personal Loans | Preferencial interest rates (50% waiver on arrangement fee) |
| Car Loan | Preferencial interest rates |
| Cheque Bounced Protection | Up to BHD 1,500 free of charge* |
| HSBC Premier Debit Card | Free of charge Cash withdrawal(1) - through HSBC Bahrain ATMs - Free - through HSBC Group ATMs - Free - through GCC Network** - BHD 1 - through PLUS ATMs - BHD 2 Point of sale & ATM cash limits are combined to BHD 2000 as total daily limits within Bahrain Point of sale & ATM cash limits are BHD 2000 each as daily limit outside Bahrain (BHD 4000 is the total daily limit) Balance enquire though GCC Network - BHD 0.500 |
| Debit card PIN Re-Issuance |
Free of charge |
| Debit Card Replacement | Free of charge |
| Cheque/Travellers | Free issuance of cheques and HSBC/American Express travellers cheques and encashment (up to 2 cheque books per month) |
| Cheques Encashment | Free issuance of HSBC travellers cheque |
| Stop cheque charges | BHD 10 per cheque |
| Outward Remittances | |
| Local Telegraphic Transfer International Telegraphic Transfer - Telegraphic Transfer (2) (me2me(2))*** |
BHD 3 Free of charge to your own account held with another HSBC Group entity using global transfers options available via global view |
| - Beneficiary account with HSBC Group bank | BHD 4 |
| - Beneficiary account with other bank | BHD 6(3) |
| Issuance of Demand Draft | BHD 3 |
| Inward Remittances credited to HSBC Account | Free |
| Emergency Encashment | Free |
| Foreign Currency Exchange | Free through all HSBC branches worldwide |
| HSBC Premier MasterCard® Credit Card | |
| Primary Card Annual Fee | Free |
| Supplementary Card Annual Fee | Free |
| Finance Charge | 2% per month |
| Cash Advance Charge | 4% of total amount(Min. BHD 10) |
| Card Replacement Fee | Free |
| Late Payment Fee | BHD 10 |
| Over Limit Fee | BHD 8 |
| Copy of Credit Card Statement | Free |
| Copy of Sales Slip | Free |
| Returned Cheque Charge | BHD 10 |
| Disputed transactions subsequently found to be genuine | BHD 10 |
| MasterCard / Cirruss ATMs |
BHD 2 per transaction |
| Access to HSBC Current Savings Account through HSBC ATMs worldwide | Free |
| Re-Issuance of Credit Card PIN | Free |
| Other Services | |
| Cash Withdrawal from a Foreign Currency Account | 2% (except for USD - 1%) |
| Cash Deposit into a Foreign Currency Account | 2% (except for USD - 1%) |
| Issuance of Reference Letters | BHD 10 |
| Facilities Outstanding Certificates | BHD 10 |
| Copy of Account Statement for 1-3 months | BHD 2 |
| Copy of Account Statement for 3-12 months | BHD 4 |
| Copy of Account Statement for over 1 year | BHD 6 |
| Account tools overseas shipment | BHD 8 per shipment |
Notes:
1) In the event of a transaction charge being levied when using an HSBC ATM, please contact
our Premier Call Centre on 80007288 within Bahrain or +971 4 224 1000 outside Bahrain.
2) To facilitate free me2me transfers via Personal lntenet Banking, please contact our Premier
Call Centre on 80007288 within Bahrain or +971 4 224 1000 outside Bahrain.
3) Guaranteed no deductions by HSBC or its correspondents. However, some Non-HSBC
beneficiary banks within Bahrain may still deduct their charge from the remittance amount.
*For customers maintaining the Premier eligibility balance (TRB) in the Kingdom of Bahrain.
**Charges apply on withdrawal through HSBC Network within GCC.
***Charges apply on transfers conducted through Personal Intenet Banking.
