HSBC Bank Business Loan

HSBC Bank offers various types of loans, including business loans. You can choose from several business loan options to fund various business expenses, such as: 

• Purchasing equipment 

• Covering payroll expenses 

• Clearing utility bills 

• Purchasing raw materials 

• Renting office space 

Here are the interest rates and charges associated with the HSBC Bank business loan:

Disclaimer: The interest rates listed above are subject to change as per the bank’s policies. 

Here are the eligibility criteria that a business needs to meet to get an HSBC Bank business loan:

• An annual turnover of up to ₹200 million

• Business vintage of at least 3 years with a good credit score

• Operations in a similar line of business for more than 3 years

Here are the various types of business loans that HSBC Bank offers:

• Overdraft

This facility allows you to access funds quickly and helps improve your business' cash flow management. It also helps reduce the risk of unplanned overdrafts.

• Loan Against Property (LAP)

You can also get loans by providing your existing properties as collateral. This allows you to leverage your property’s value to finance your business needs. 

• Commercial Property Purchase Loans

You can also get funding to purchase a commercial property in India through HSBC Bank.  

Here are the steps you need to follow to apply for an HSBC Bank business loan:

• Step 1: Go to the official HSBC Bank website and visit the business lending page

• Step 2: Click on ‘Apply Now’ and click on ‘Continue’

• Step 3: Slide the loan amount you need and click on ‘Start Your Application’

• Step 4: Fill in the application form with details such as your name, phone number, email ID, etc.

• Step 5: Verify your phone number with the OTP 

Once you complete the above steps, a bank representative will contact you regarding the next steps.

You can contact the customer care team of HSBC Bank by calling at 1800 419 5400 or 1800 123 2979 if you are within India. If you are overseas, you can call +91-40-65118004 or +91-22-71728004.

Reference of all T&C necessarily refers to the terms of the Partners as regards to pre-approved offers and loan processing time amongst other conditions.