Starting from Rs. 75,000, HSBC Marriage Loan goes upto Rs. 30 lakh and can help you to have your dream wedding or financing your loved ones wedding without facing any financial crunch. You can apply for marriage loan online by meeting the eligibility criteria and submitting the necessary documents and can easily repay it within tenure ranging from 6 to 60 months.
HSBC Marriage Loan- Features
- Loan amount: HSBC Marriage Loan can be availed upto Rs. 30 lakh depending upon an individual’s eligibility
- Quick processing: HSBC offers quick processing of marriage loan so that you can start making arrangements without any detail
- Flexible tenure: The tenure to repay HSBC marriage loan varies from 6 to 60 months. You can choose the tenure as per your repayment ability
- Easy repayment: The repayment method for HSBC personal loan is easy and can be done through EMIs or through National Automated Clearing House (NACH) or by setting up a Standing Instruction on the HSBC Account
HSBC Marriage Loan – Interest Rate
The interest rate offered by HSBC on a marriage loan starts from 9.99% p.a. and goes 17.84% p.a. Two individuals may get different interest rates on marriage loan from HSBC depending upon their credit score, loan amount, employer, age, etc.
Eligibility Criteria
- You must be an existing customer of HSBC holding HSBC credit cards, liability accounts or home loan or you should be an employee of select corporates
- You should be at least 23 years old
- Your maximum age should be 60 years
- Your minimum monthly income should be Rs. 25,000
Documents Required
Proof of Identity (any one)
- Passport
- Election/Voter’s ID
- Permanent driving license
- Government employee ID card
- Defense ID card
- Permanent Account Number (PAN) card
- Aadhaar card
- Ration card
- National Rural Employment Guarantee Act
- (NREGA) job card
Proof of Address (any one)
- Passport
- Election/Voter’s ID
- Permanent driving license
- Ration card
- Society outgoing bill (only from registered societies)
- Electricity/Water/Telephone bill
- Gas bill (pipeline connection only)
- Property tax bill
- Domicile certificate with address issued by Municipal Corporation
- Registered rent/lease agreement (registered with State Government or similar registration authority)
Financial Documents
- Latest salary slip (mandatory)
- Bank statements of the primary account for the last 3 months (mandatory)
- Acknowledged IT return (latest) for one year (optional)
- Latest Form 16 (optional)
- P&L account and balance sheet for the last 2 years certified/audited by a C.A. (mandatory)
- Acknowledged IT returns for the last 2 years (mandatory)
- Bank statements of the primary account for the last 6 months (mandatory)
FAQs
Q. How will I receive the marriage loan amount?
Ans. The loan amount would be directly credited to your account.
Q. What is the processing fee of HSBC Marriage Loan?
Ans. The processing fee is up to 1% of the disbursed loan amount. The processing fee paid/deducted is non-refundable.
Q. What are the charges if I wish to foreclose my loan?
Ans. The foreclose charges are up to 3.75% of the principal outstanding.
Q. How do I get in touch with HSBC customer care?
| Resident Customers | Within India | For Overseas |
| HSBC Premier (Toll Free) | 1800 266 3456
1800 103 4722 |
040 – 67173406
080 – 49089636 |
| HSBC Advance (Toll Free) | 1800 267 3456
1800 102 2208 |
040 – 67173404
080 – 49089634 |
| Personal Banking | 1860 266 2667
1860 500 2255 |
040 – 67173401
080 – 49089631 |