Check Eligibility for HSBC
Home Loan

You are eligible to apply for a HSBC
Home Loan .

You may not be eligible * to apply.

* Minimum salary AED 15000 required to apply for a HSBC Home Loan .

Click here to check loans from other banks.

HSBC Home Loan Calculator

Home Loan Provided By HSBC

Check Eligibility for HSBC Home Loan

You are eligible to apply for a HSBC
Home Loan .

You may not be eligible * to apply.

* Minimum salary AED 15000 required to apply for a HSBC Home Loan .

Click here to check loans from other banks.

HSBC Home Loan Calculator

Zero Balance Free account

Features of HSBC Home Loan

  • Rates starting from 3.24% p.a.
  • Approval in Principle (AIP) provided in 48 hours
  • Free overpayments of up to 25% allowed per year
  • No salary transfer required

Eligibility Criteria of HSBC Home Loan

  • Aged 21 to 65 years
  • 65 for salaried and 70 for self–employed/UAE Nationals
  • Minimum income of AED15,000 per month
  • Salaried or Self Employed
  • Premier Account Holding (Non-Residents)

Calculate your HSBC home loan EMI using HSBC Mortgage Calculator

Documents Required of HSBC Home Loan

  • Trade license (For Self-Employed)
  • Past 2 years audit financials

Identification:

  • Expatriates :Valid passport, UAE Residence Visa page and valid Emirates ID
  • UAE Nationals : Valid passport copy and valid Emirates ID

Proof of Income:

  • Pvt. Companies - income Transfer Letter (STL)
  • Govt. Companies - income Certificate (SC) or STL

HSBC Home Loan Interest rates

hsbc Bank

3 Home Loans Provided By HSBC

New Home Loan

Minimum Salary

AED 15K

Flat Rate

1.8%

Reducing Rate

3.24%

Loan Amount

AED 20000K

Early Settlement Fee

1%

Arrangement Fee

1%

Down Payment

25%

Repayments Up To

25 Years

AED 15K

Minimum Salary

1.8%

Flat Rate

3.24%

Reducing Rate

AED 20000K

Loan Amount

1%

Early Settlement Fee

1%

Arrangement Fee

25%

Down Payment

25 Years

Repayments Up To

Advantages

  • Salary transfer is not required
  • Free partial payments
  • Can get pre-approval

Advantages

  • Salary transfer is not required
  • Free partial payments
  • Can get pre-approval
Home Loan Balance Transfer

Minimum Salary

AED 15K

Flat Rate

1.8%

Reducing Rate

3.24%

Loan Amount

AED 20000K

Early Settlement Fee

1%

Arrangement Fee

0%

Down Payment

25%

Repayments Up To

25 Years

AED 15K

Minimum Salary

1.8%

Flat Rate

3.24%

Reducing Rate

AED 20000K

Loan Amount

1%

Early Settlement Fee

0%

Arrangement Fee

25%

Down Payment

25 Years

Repayments Up To

Granted Land Loan for UAE Nationals

Minimum Salary

AED 20K

Flat Rate

4.41%

Reducing Rate

8%

Loan Amount

AED 4000K

Early Settlement Fee

AED 0

Arrangement Fee

1%

Down Payment

25%

Repayments Up To

25 Years

AED 20K

Minimum Salary

4.41%

Flat Rate

8%

Reducing Rate

AED 4000K

Loan Amount

AED 0

Early Settlement Fee

1%

Arrangement Fee

25%

Down Payment

25 Years

Repayments Up To

About HSBC

In 1946, the British Bank of Iran and the Middle East commenced banking activities for Middle East citizens. Post withdrawing from Iran, the bank was renamed as the British Bank of the Middle East (BBME). Hong Kong and Shanghai Banking Corporation (HSBC) acquired BBME in 1959 and played a pivotal role in the establishment of the banking sector in the region. HSBC has a sustainability strategy of doing business. The main areas of focus are:

  • Sustainable Finance
  • Sustainable Operations
  • Sustainable Communities

This is in sync with their global sustainability model.