Personal Loan
Get what you need now
| Borrow | Interest rate from | Repayment period | Loan buy-out facility |
|---|---|---|---|
| Up to OMR80,000* | 8.0% p.a.* | From 12 to 120 months | Yes |
Here's what you get:
- Competitive interest rates - starting from 8.0% p.a
- High loan amounts - depending on your circumstances, you can borrow up to OMR80,000
More great benefits:
- Credit Life Protection - In case of an unfortunate event of loss of life or permanent disability, your loan will be covered completely
- Eid waiver option - defer your monthly instalment up to 2 times a year during Eid
- Attractive pricing discount for Premier and Advance customers*
Plus:
- Minimal paperwork - to make your loan application process as straightforward as possible
Here's what you get:
- Free Internet Banking
- Access to 24/7 Phone Banking
You can apply for a Personal Loan if:
- You're an Omani National or expatriate resident aged between 21 to 60 years
- You earn a minimum monthly salary of OMR400 (for Omanis) or OMR700 (for Expatriates)
| PERSONAL LOAN | |
| Arrangement fee (new, top up and re-scheduling) | NIL |
| Loan insurance protection | 0.0375% of the loan amount |
| Early payment of loan | 1% of pre-paid amount |
| Issuance of certificates | OMR2 |
| Instalment suppression fee | OMR5 per suppression (except Eid Waivers) |
| REQUIRED DOCUMENTATION | |
| Application | Loan application and agreement form |
| Primary identification | Omani Nationals: identity card Expatriates: valid Passport with valid Visa and Resident card |
| Evidence of income | Pvt. Companies - Salary Transfer Letter (STL) in HSBC format Govt. Companies – Salary Transfer Letter in company format |
| Bank statement | New to bank customers: last 1 month’s bank statement showing one-credit salary |
| Liability letter (not more than 30 days old) | Required for buy-out only |
Make your goals happen sooner with low-interest HSBC Personal Loans. You can borrow up to OMR80,000 - to put towards your child's education, to plan your next vacation or achieve what is important to you
Ready to apply?
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