HSBC Advance Home Loan
Take advantage of preferential rates and benefits as an HSBC Advance client. If you've been waiting to move into a place you can call your own, stop delaying and take advantage of our latest offer today.
Benefits
- Loan to value up to 80%
- APR from 9.03%1
- Loan Period: max loan tenure up to 300 months
- Repayment period up to 25 years
- Preferential interest rates on your home loans
- Transfer your existing home loan, or apply for a new one
- Loan amount: up to BHD 400,000
- InsuranceAdequate life and property insurance coverage is a vital requirement to take advantage of home loans from HSBC. We will assist you by referring you to reputable insurance companies in Bahrain
- Fixed equal monthly instalments (EMI)By auto-debit from your account.
- Debt consolidation of all liabilities
- Equity release against existing property
- Prepayment Charge0.75% of the amount paid or BHD 200, whichever is lower
1Subject to change. Rate applicable for HSBC Advance customers applying for a new home loan or transferring their home loan from another bank with a loan value of 80%.
Things you should know
For fees and charges, please refer to:
Eligibility
- You must be a resident of Bahrain aged between 21 and 60 years
- You must make a minimum down payment of 30% of the value of the property
- You need not have had a previous banking relationship with HSBC at the time of application, but you will be required to open an account if the loan is approved
- Your salary must be mandated into your nominated account with HSBC
- You must be employed by one of the government, semi-government, or private companies included in our approved list of employers
Apply
Call us on:
Start the process with just a phone call.
Or call 17 569 569 (within Bahrain) or +973 17 569 569 (outside Bahrain)
Visit a branch
Locate your nearest branch and visit us to discuss your application.
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