HSBC Granted Land Loan for UAE Nationals

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I hereby acknowledge and agree to allow Citibank to share my details with any UAE credit bureau and make enquiries about me with any UAE credit bureau at its sole and absolute discretion. I agree to the Terms and Conditions listed below. Citibank Terms and Conditions apply, are subject to change without prior notice and are available upon request. For the current Terms and Conditions, please visit our website www.citibank.ae. All offers are made available on a best-effort basis and at the sole discretion of Citibank, N.A. Citibank, N.A. makes no warranties and assumes no liability or responsibility with respect to the products and services provided by partners/other entities. By inquiring about our services, offers or products, you will be authorizing our representatives to approach you on your contact details including your telephone/mobile number for any product or service offered by Citibank. The applicant agrees to be bound by Citibank’s General Terms and Conditions available on the website www.citibank.ae. The applicant hereby represents and warrants that the information provided herein is true, accurate, and complete and that he/she agrees to remain responsible for and to indemnify Citibank, N.A. from and against any losses, claims and/or liabilities incurred by Citibank NA as a result of having relied on such information. Citibank, N.A. is not required to verify the information provided by the applicant and neither is the bank obliged to provide the applicant with any loans or credit facilities based on the provided information. The products and services mentioned on this website are not offered to individuals resident in the European Union, European Economic Area, Switzerland, Guernsey, Jersey, Monaco, San Marino, Vatican, The Isle of Man or the UK. This page is not, and should not be construed as, an offer, invitation or solicitation to buy or sell any of the products and services mentioned herein to such individuals.

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HSBC Bank

WarningMessage This product is discontinued by the Bank

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

Apply Now
minimum salary

AED 20K

Minimum Salary

flat rate

4.41%

Flat Rate

reducing rate

8%

Reducing Rate

max finance

AED 4000K

Loan Amount

early settlement fee

AED 0

Early Settlement Fee

arrangement fee

1%

Arrangement Fee

down payment

25%

Down Payment

repayment

25 Years

Repayments Up To

Apply Now

Features

  • Salaried and self-employed with regular income can apply for this scheme
  • UAE National aged between 21 and 65 years can apply for this scheme
  • Minimum salary of AED 20,000 is required
  • Provides financing at an interest rate of 8%
  • The reduction rate and the flat rate is 8% and 4.41%. This denotes that the computation done was a division of the reduction rate by 1.814.
  • It is mandatory to transfer your salary to apply
  • Finance up to AED 4,000,000
  • It is not mandatory to get insurance
  • Required to give 25% down payment for this finance
  • The early settlement fee is AED 0
  • Fixed rate for 2 years. Thereafter it is variable.

Benefits

  • Loan approval in principle within 10 minutes
  • A free current account will be provided
  • No credit life insurance required
  • Renewal options for 12-month loans
  • Deferring monthly installment up to two times a year
  • Provides huge financing amount
  • Pricing discount for Premier and Advance customers of HSBC
  • A free HSBC Current Account with no minimum balance requirement is provided along with the scheme
  • You get a facility to transfer your existing finances from another bank to HSBC

Frequently Asked Questions

⭐ How can I apply HSBC loan?

A. There are three ways to apply for HSBC loan.Apply online through our websitehsbc.aeor simply call our Toll free ADCB Contact Centre on 80056267, and our dedicated relationship managers will further assist you with your requirements.

⭐ Do I need to provide my salary certificate?

A. Yes, for salaried individuals salary certificate is mandatory.

⭐ Does the co-applicant need to be a salaried individual?

A. No, the co-applicant doesn’t need to be a salaried individual.

⭐ Is salary transfer mandatory?

A. No, salary transfer to emirates HSBC account is not mandatory.

⭐ Do I need to provide my Emirates ID?

A. Yes, Emirates ID is a mandatory proof of identity.

⭐ Is getting a insurance mandatory?

A. Yes, both property and life insurance are mandatory.

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.

   Get in touch with HSBC Customer Care

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