Unsecured Overdrafts
Make the most of new opportunities
Sometimes life throws us unforeseen expenses. Having a short-term borrowing facility on your current account means you’ll have the flexibility to deal with them. And you can easily use the overdraft funds at any time – simply write a cheque or use your debit card.
Here's what you get:
- Borrow a minimum of 1,000 BHD and a maximum of 3,000 BHD
- Easy application process
Plus:
- Free debit card and cheque book – your overdraft is set up on your HSBC Current Account
- Available from 3 months to 1 year
- Renewable every year
You can get an HSBC unsecured overdraft if:
- You're aged between 21 to 60 years
- You earn a minimum monthly salary of 500* BHD
| Overdrafts | |||
| Branch Banking | Advance* | Additional information | |
| Interest Rates | Ranges from 10.25% to 13.75% based on financial assessment | ||
| Administrative Fees | Ranges from 0.75% to 1.00% | ||
| Early Settlement Fees | |||
| Personal/Auto Loans | 1% of outstanding OR BD100/- whichever is lower | ||
| Mortgage Loans | 0.75% of outstanding OR BD200/- whichever is lower | ||
| Postponement of Installment | 25.000 | BD25/- per installment + interest | |
| Loan Past Due (monthly) | 10.000 | 2% Penalty Interest to be charged in addition to the Late Payment Fee. | |
| Loan Balance Certificate | 10.000 | ||
Get instant access to the funds you need, when you need them.
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