Hongkong and Shanghai Banking Corporation Limited (HSBC) is One Of

8/14/2019 Hongkong and Shanghai Banking Corporation Limited (HSBC) is One Of

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HSBC

The Hongkong and Shanghai Banking Corporation Limited (HSBC) is one of thelargest banking and financial services organizations in the world. This largest bank has a

great international network, which comprises around 10,000 offices in 82 countries and

territories in Europe, the Asia-Pacific region, the Americas, the Middle East and Africa.

HSBC maintains one of the worlds largest private data communicationnetworks and is reconfiguring its business for the e-age. Its rapidlygrowing e-commerce capability includes the use of the internet, PCbanking over a private network, interactive TV, and fixed and mobile,including wireless application protocol or WAP-enabled mobile,telephones.

HSBC IN BANGLADESHHSBC IN BANGLADESH

The HSBC Group is represented in Bangladesh by its Head Office in

Dhaka (Sonargaon Road), a second full-service branch in Chittagong(Agrabad) and several booths in Gulshan, Dhanmondi, Uttara,Motijheel, Sylhet with a vision to satisfy its customer with high qualityservice that reflects its global image as the premier International Bank.The Bank has been serving customers in Bangladesh since 1997. It hasalso an Offshore Banking Unit, which provides banking services forforeign companies based in the Export Processing Zones in Dhaka andChittagong. In September 1999, it introduced ATM and telephonebanking for Personal Banking. There are several ATMs located at theseveral branches.As one of the largest international banks in Bangladesh, HSBC has a

long-term commitment to its customers and provides a comprehensiverange of financial services: personal, commercial and corporatebanking; trade services; cash management; treasury; consumer &business finance; and securities and custody services.

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HSBC BHSBC BANGLADESHANGLADESH OOVERVIEWVERVIEW

Name of the

Organization

The Hong Kong Shanghai Banking Corporation

Bangladesh LTD

Year of Establishment 1997Head Office Anchor Tower, 1/1-B Sonargaon Road Dhaka 1205,

Bangladesh

Nature of the

organization

Multinational company with subsidiary group inBangladesh

Shareholders HSBC group shareholders

Products Savings & deposit services

Loan productsCorporate and Institutional services

Trade services

Hexagon

As one of the largest international banks in Bangladesh, HSBC has along-term commitment to its customers and provides a comprehensiverange of financial services: personal, commercial and corporatebanking; trade services; cash management; treasury; consumer &business finance; and securities and custody services. My Loan (Carloan, home loan, travel loan, lifestyle loan, professional loan, weddingloan etc), My Future, Personal Financial Services, and CorporateBanking, these types of services are offered by HSBC in Bangladesh.

SSERVICESERVICES OOFFEREDFFERED::

Personal Banking Services

Under the personal banking services they have offers like:

Personal Secured Loan:

A Personal Secured Loan is a fixed loan secured by your time deposit held with HSBC.

The loan will provide you with the flexibility to meet any emergency cash needs you may

have, so you don't have to encash your high yield investments.Benefits:

Loan amount is up to 90% of the value of your taka time deposit or WEDBs or

80% of the value of your foreign currency time deposit or USDBs with minimumloan amount of BDT90,000

Competitive interest rates

Processing fee - BDT1,000

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Flexible repayment schedules ranging from 12 to 60 equal monthly instalments

Partial prepayment and early settlement facilities

Automatic and free transfer of monthly instalments from your savings account

without affecting the interest earned on that account.

Option of one time repayment at the end of loan tenure with discounted interestrate is available.

Savings Plus: With this saving account the customers get to earnthe interest rate income monthly basis, rather than at the end of sixmonths basis.

Daily Money Manage: To offer services to the businessman or thebusy customers HSBC provides offers like:

1.Phone Banking:With this fast, convenient and secure service, the banking is justa phone call away. Phonebanking service lets the customer to get accessto their accounts anytime of the day or night to:

Check the account balance

Transfer funds between accounts

Order statements / new chequebooks

Report a lost or stolen card

Open or renew a time deposit

Enquire about foreign exchange rates

Make third party payments Hear details of ones last five transactions

Pay bills to pre-designated third parties in local currency

2. ATM Cards: One can perform a wide range of transactions through ourAutomatic Teller Machines (ATM) at any time that is convenient to one, day or night.Using HSBCs ATM Card one can:

Withdraw cash Deposit cash

Transfer funds between your accounts

Check your account balance

Order statements / new chequebooks

Change your PIN number

View details of your last eight transactions

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Make payments to other HSBC customers

Send in other instructions to the bank via the mail deposit system;

Offer ATM cards against customers foreign currency accounts through they can

withdraw cash from their accounts at 500,000 ATMs worldwide.

3. Easy Pay: A new unique service of HSBC. This state of the art machine offerscustomers as well as non-customers of HSBC an easy, convenient and quick way to maketheir bill payments and deposits. Customers can currently pay their bills in cash or cheque

for GRAMEENPHONE, ALICO, BTTB, WASA, BPDB, DESCO, DESA, AKTEL and

CITYCELL through this system.

With Easy Pay machines, one can do the following:

Deposit cash or cheque to ones own or any other HSBC account

Pay bills by cash/cheque to any of the following company accounts

Pay either HSBC cheques or non-HSBC cheques to a company account

Make ones HSBC Credit Card bill payments either by cash or cheque

Submit the following application forms or instructions through Easy Pay

machines

Demand Drafts

Telegraphic Transfers

Cashier Orders

Address change instructions

Cheque book requests

Any other instructions related to ones account

To input the account number or credit card number in Easy Pay machines, one can eitherswipe his ATM card or credit card to input the account number or credit card number

respectively in Easy Pay machines; Alternatively, he can manually input his account

number or credit card number on the keypad.EasyPay Machines are available 7 days a week, 24 hours a day.

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4. Call Center : It is a banking service where the staff will gladly receivecustomers calls and assist them with their requests and inquiries. One can access to thefollowing range of information by calling our Call Center:

Account related information

Product related information

Web related information

Customized solutions with regard to their personal financial services

Other department references

Make welcome calls to the customer and inform them about their

personal banking products and services.

9. Credit Card: HSBC's co-branded credit card with Prime Bank gives one thefreedom to pay for goods and services without the hassle of carrying cash. The card is

accepted at shops, restaurants, hotels, airlines and travel agents, departmental stores,

hospitals and diagnostic centres, practically anywhere in Bangladesh displaying theMasterCard logo.

One can enjoy between 20 to 50 days of interest free credit from the date of each

transaction

After receiving the monthly statement, one can either choose to pay full or a

minimum of 8% of the current balance shown in the statement or BDT 500

whichever is higher

Interest is 2.5% per month and will be calculated on a daily basis

Credit limit range from BDT 50, 000 to BDT 200, 000

Annual fee is BDT 2, 000

One can get additional first supplementary card for free, with a shared credit limit

One should be between 21 and 65 years of age

One should have a minimum monthly income of BDT 25,000

One need to be an account holder of HSBC

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Under the same Personal Banking Services they have offers like:

5. Monthly Interest Bearing Time Deposits

This service has offers like:

Monthly interest earned can be transferred to another nominatedaccount

Better rates than normal savings account Higher rate than 1- month time deposit account's rate Free ATM Card for new accounts

6. Term Deposits

Here the minimum deposit should be BDT 100,000. One can place TermDeposits with HSBC, for varying periods of time, 1, 3, 6 or 12 months.

With time deposit, one can earn higher interest on term deposits withattractive rates. Interest is calculated from the date of the deposit untilmaturity, at the rate applicable when the deposit is first placed orrenewed, and is paid when the deposit matures. Larger amountsattract extra interest, so the more the customer deposits, the more heearns!

On maturity of your Term Deposit, HSBC automatically renews it withthe interest earned.

7. Traveller's Cheques

They are available in all major currencies and eliminate the need tocarry cash while travelling overseas. Unlike cash, Traveller's Chequesare safe and will be immediately replaced if lost or stolen. Traveller'sCheques issued by HSBC are accepted worldwide, giving you spendingpower wherever you are.

Benefits:

Secure and convenient, as they can be encashed at banks and at

most hotels and shops in any country or city

Handy to carry

Accepted globally

Easy-to-use

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Ideal to budget

Available in most major currencies in denominations of 50 and

100.

Corporate Banking Services

Corporate Credit:

At HSBC, we have a full range of products and services, which include:

1. Import and Export Loans:

Loans against import are available to the customers when they

purchase under Documentary Credit or Documentary Collectionsterms.

Pre-shipment finance is available to meet the working capitalrequirements. Advances are granted upon production of a buyer'scontract or export DC.

2. DP/DA Purchases:

A cash advance made to customers when you have exported goods to

a buyer through Documentary Collections, either on a Documentsagainst Acceptance (DA) or Documents against Payments (DP) basis.

3. Long Term Loans:

HSBC customizes Term Loans to finance the fixed assets according tothe business needs (such as land, new premises, equipment andmachinery). It may be a greenfield project or an expansion of anexisting plant, that may be financed at competitive floating rate ofinterest.

4. Guarantees and Bonds:

HSBC in Bangladesh issues a full range of Performance Guarantees,Advance Payment Guarantees, Financial Guarantees and Bid bonds forsupporting the underlying business of customers.

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The availability of our credit facilities is subject to HSBC's InternalCredit guidelines and approval process.

Business Banking by HSBC

We have designed our extensive range of products and services to give you maximum

value with the minimum of paperwork and effort.

1. Business Service Account:

Your Business Banking Account will enable you to receive credit of all your cash/cheque

deposits along with inward remittances and make all local payments and provide youaccess to our wide range of services for your business requirements.

2. 24 hours deposits :You may deposit upto BDT 50,000 cash per transaction and any BDT amount in cheque

24 hours a day, 7 days a week through our ATM Machines, conveniently located Sales

and Service Centers. EasyPay Machines are also available for deposit of BDT 50,000

cash per transaction and any BDT amount in cheque to your Business Banking account.You can use both ATM Machine and EasyPay Machine at any available location FREE

OF COST.

3. 24 hours withdrawals :

You can withdraw cash from any of the conveniently located HSBC ATM Machines

using you Business Banking Account ATM Card at FREE OF COST.

4. 24 hours bill payments :

Paying your bills any time of day and night is as easy and accessible than ever before

with our EasyPay Machines located at our sales and service centers. EasyPay Machines

are available 7 days a week, 24 hours a day. Through EasyPay, both HSBC and Non -

HSBC customers can make deposits and pay their utility bills, HSBC Credit Cardpayments and etc. You can pay bills of:

A customer service representative is also available from 9:00am to 10:00pm, 7 days a

week, except government holidays, to assist you to deposit cash/cheques and pay your

bills FREE OF COST.

5. Daily Transaction Limit:

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To cap customers potential risk exposure in the event of card loss, there is daily cashwithdrawal limit of BDT 20,000 for regular Savings and Current accounts and BDT

50,000 for Power Vantage accounts. The minimum amount one can withdraw is BDT 500

per transaction.

One can transfer up to BDT 100,000 per day between accounts.6. Report a lost card :

One can report his/her lost or stolen ATM card 24 hours a day by any of the following

ways :

Through the phone banking services

By calling ATM Hotline 01199-805825

7. HSBC Cheque Book :

For payments to beneficiaries through your Business Banking Account HSBC offers oneaccount payee chequebook (50 cheque leaves) per month FREE OF COST. You may

receive additional chequebooks with a minimal service fee.

8. Statements via Fax :

Customer may tired of checking the account balance everyday or waiting for the monthly

statements. That is why HSBC now offers you the option of receiving your statements via

fax everyday FREE OF COST.

A Business Banking customer may request for the following additional services :

1. OD Facility:

To ensure that your cheques are honoured when fund is not available, in emergencies,

your Business Banking Account can provide you with an overdraft against 100% margin

of your fixed deposit. Please contact the Bank for further information.

2. Internet Banking by HSBCnet :

With your Business Banking Account, there is no longer a need for you to call the Bank

or go to any of the branches/ATMs to enquire balances/statements and to make paymentsto other HSBC accounts. With HSBCnet Internet Banking at your service, you may check

your balances, download statements and make payments within HSBC accounts from

ANY appropriate Internet enabled PC!

Payments & Cash Management:

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1. Account management service:

HSBC's Global Payments and Cash Management services provide domestic and regional

transaction solutions to blue-chip companies throughout the world. Services include acomprehensive range of traditional account and transaction services, augmented by our

liquidity and financial management techniques and delivered via our global electronic

banking system, Hexagon.

2. Payments & collection:

HSBC in Bangladesh has the technology to put you in better control of routine operations

and has been successfully handling payment requirements throughout the nation for itscorporate clients. Again, as receivable management is crucial to your financial cycle, we

have developed products for you to efficiently manage your requirements and reduce

cost.

3. Hexagon Cheque Writer: It is the latest addition where cheque writerproduct which is also a built-in module of Hexagon, global electronic banking. It isdesigend to facilitate our corporate customers for preparing, printing and updating the PC

ledger (ledger maintained in cheque writer). Services and benefits include:

Preparation of cheques through Hexagon Cheque Writer.

Reconciliation of cheques at the Hexagon ledger.

Advice along with cheque leaves.

No further installation required since it is built in our Hexagon module.

Recurrent payments can be stored and printed.

Convenience of in-house cheque printing.

Trade Services:

1. Export Services:

To benefit from HSBC's export services customers do not need to havespecial facilities or even an account with them. They can request thebuyers to advise their documentary credits through HSBC and benefitimmediately from HSBCs international network.

The ranges of services include:

Pre-shipment FinancePost- shipment FinanceDocumentary Credit Advising

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2.Import Services:

HSBC is well positioned to fulfill trading needs. A full range of import

services handled by experienced staff is available, ensuring that importdocuments are processed without delay.

The range of services include:Documentary CreditsImport CollectionsImport FinanceShipping Guarantee

3.Trade Express:

Trade Express is an umbrella service, which combines traditional trade

products, document delivery services, reinforced by HSBC's proprietarystate of the art e-banking (Hexagon and Electronic DC Advising),designed to provide tailored solutions for our priority customers fromthe convenience of their own office remote bankingWith this product customers can execute their trade transactionsfaster, cheaper, and with more accuracy than ever before and mostimportantly, from their convenient location.

The benefits delivered by Trade Express are

Real-time intimation of Export Documentary Credit (DC)

delivered to your email account or fax number, along with a copyof the documentary credit enabling faster and more accuratehandling of exports.

Export transaction advices delivered to the customers deskthrough email or fax and import transaction advices throughHexagon.

Online issuance and amendment of Import DCs from customersoffice, reducing cost and process time.

Online access to Import and Export facility positions.

Real-time correspondence with the bank through Hexagon whichenables electronically presents the requests and instructions in asecure and fast manner.

Document pick up and delivery services.

Minimal documentation / sign up formality.

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Consumer Finance

1. Childrens Savings Plan:

HSBC provides Childrens Savings Plan which promises to bring achange to their customers lifestyle. Some of the benefits are:

Attractive interest rates. No sign-up fee. No penalty for missed installments. One purchases as many units as they desire. Initial deposit of BDT10, 000 with monthly deposits of BDT 5, 000

(1 unit).

Any tenure up to the child being 18 years of age.

Free gifts

Stuffed toys for children under 3 years.

Small HSBC school bags for children between 3-8 years.

Big HSBC school bags for children above 8 years.

Additional benefits

BDT500 gift voucher/unit each year if all 12 monthly

instalments are deposited on time in that year.

BDT400 gift voucher/unit each year if at least 10 monthlyinstalments are deposited on time in that year.

Eligibility

Parents with children below 18 years who are Bangladeshi can openchildren's savings plan.

Terms and Conditions

Bank reserves the right to close the plan if the customer

misses 3 consecutive instalments.

If the plan is closed within one year, customers will get thedeposited amount only and no interest will be paid for theplan. If the plan is closed after one year, customers will get

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the deposited amount along with the accrued interest uptothe time of closure.

Discontinuation fee will be charged if the plan is closed

before two years.

2. Holiday Savings Plan

With the Holiday Savings Plan from HSBC customers can save fordream holiday and also earn discounts on travel packages.

The benefits include Attractive interest rates. No sign-up fee. No penalty for missed installments. One can purchase as many units as they desire.

Initial deposit of BDT 10,000 with monthly deposits of BDT 5,000(1 unit).

One can choose from flexible tenures of 6 or 12.

Discounts

You will get discounts on travel packages from selected travelagencies.

Additional benefits

Bonuses will be paid at end of the tenure if all instalments are

deposited on time

BDT100 bonus/unit for 6 months scheme.

BDT200 bonus/unit for 12 months scheme.

Eligibility

Any Bangladeshi between 18-60 years of age is eligible to apply for aHoliday Savings Plan.


Bank reserves the right to close the plan if the customer misses

3 consecutive instalments.

If the plan is closed within one year, customers will get the

deposited amount only and no interest will be paid for the plan.

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Discontinuation fee will be charged if the plan is closed before

the end of the tenure.

3. Peace of Mind Savings Plan:

This plan is offered for the emergencies can occur at any time. Howcustomers are able to handle emergencies may depend on how muchthey have saved. With a Peace of Mind Savings Plan from HSBC,customers can handle those unforeseen events.

Some of the benefits include:

Attractive interest rates.

No sign-up fee. No penalty for missed installments. One can purchase as many units one desire. Initial deposit of BDT 10,000 or BDT 50,000 with monthly

deposits of BDT 5,000 (1 unit) or BDT 10,000 (1 unit)respectively.

Tenure of the plan is 3 years only.

Customers are offered exclusive discounts on various medical tests atselected diagnostic centers in Dhaka and Chittagong.

Additional benefits

Bonuses will be paid at end of the tenure if all installments aredeposited on time

o BDT600 bonus for every initial deposit of BDT10,000.o BDT3,000 bonus for every initial deposit of BDT50,000.

Personal accidental insurance coverage upto BDT100,000 forinitial deposit of BDT10,000 and upto BDT150,000 for initialdeposit of BDT50,000 (Premium will be borne by the Bank).

Overdraft facility upto 90% against your deposit with a minimumloan amount of BDT90,000.

Discounts

You will get exclusive discounts on various medical tests at selecteddiagnostic centres in Dhaka and Chittagong.

Eligibility

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Any Bangladeshi between 18-60 years of age is eligible to apply for aPeace of Mind Savings Plan.





deposited amount only and no interest will be paid for the plan. Ifthe plan is closed after one year, customers will get thedeposited amount along with the interest at the prevailingsavings rate during the time of closure.



4. Smart Savers Plan:

This savings plan enables its customers to triple their initialinvestment in 3 years and still draw against your savings in times ofneed.

Here the customers will have to sign up for the Standard (BDT50,000unit), Silver (BDT100,000 unit) or Gold (BDT500,000 unit) plan.. Theinstallments are convenient with monthly payments of BDT2,400;

BDT4,700 and BDT23,062 for Standard, Silver and Gold planrespectively.

Smart Savers Plan is also an attractive option for Non ResidentBangladeshis who are away from homeland and need to invest theearnings for safe and hefty returns.

Some of the features and benefits include:

No sign-up fee Attractive savings interest rates and competitive rates on

Overdraft facilities One can purchase as many units as they desire The tenure of the plan is 3 years Ideal units of BDT50,000; BDT100,000 & BDT500,000. Convenient monthly installments of BDT2,400; BDT4,700 &

BDT23,062

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Overdraft facilities upto 90% against your deposit with a

minimum amount of BDT90,000


To earn the maturity value all the installments must be paid

regularly

Final maturity value is subject to tax & excise duty as per localregulations

Eligibility

Any Bangladeshi between 18-57 years of age is eligible to apply for aSmart Savers Plan.





deposited amount only and no interest will be paid for the plan. Ifthe plan is closed after one year, customers will get the selfdeposited amount along with the interest at the prevailingsavings account rate at the time of closure.



5.Retirement Savings Plan:

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You wish to retire someday and live a peaceful and happy life. However, circumstances

may prevent you from getting your wish fulfilled. Plan your future now with the

Retirement Savings Plan from HSBC and support yourself during your old age.

Some of the benefits include:


No sign-up fee.

No penalty for missed instalments.

You can purchase as many units as you desire.

Initial deposit of BDT10,000 or BDT50,000 with monthly deposits of BDT5,000

(1 unit) or BDT10,000 (1 unit) respectively.

Tenure of the plan is 3 years only.

Additional benefits

Bonuses will be paid at end of the tenure if all instalments are deposited on time

BDT700 bonus for every initial deposit of BDT10,000.

BDT3,500 bonus for every initial deposit of BDT50,000.

BDT500 gift voucher/unit each year if all 12 monthly instalments are deposited

on time in that year.

BDT400 gift voucher/unit each year if at least 10 monthly instalments are

deposited on time in that year.Additional benefits

BDT500 gift voucher/unit each year if all 12 monthly instalments are deposited

on time in that year. BDT400 gift voucher/unit each year if at least 10 monthly instalments are

deposited on time in that year.

Eligibility

Any Bangladeshi between 18-60 years of age is eligible to apply for a Retirement

Savings Plan.


Bank reserves the right to close the plan if the customer misses 3 consecutiveinstalments.

If the plan is closed within one year, customers will get the deposited amount

only and no interest will be paid for the plan. If the plan is closed after one year,

customers will get the deposited amount along with the interest at the prevailing

savings rate during the time of closure.

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Discontinuation fee will be charged if the plan is closed before the end of the

tenure.

6. Education Savings Plan:

Take advantage of the Education Savings Plan from HSBC now and plan for your child's

future accordingly. You can also save for your own future educational plans.

Benefits


No sign-up fee.

No penalty for missed instalments.

You can purchase as many units as you desire.

Initial deposit of BDT10,000 with monthly deposits of BDT5,000 (1 unit).

You can choose from flexible tenures of 1, 2 or 3 years.

Free gifts

You will receive a free gift voucher of ETC for every plan.

Additional benefits

For a 1-year scheme BDT100 bonus/unit will be paid at the end of the tenure if

any 10 instalments are deposited on time.





Eligibility

Any Bangladeshi between 18-60 years of age is eligible to open Education Savings Plan.


Bank reserves the right to close the plan if the customer misses 3 consecutive

instalments.

If the plan is closed within one year, customers will get the deposited amount only

and no interest will be paid for the plan. If the plan is closed after one year,

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customers will get the deposited amount along with the interest at the prevailing

savings rate during the time of closure.

Discontinuation fee will be charged if the plan is closed before the end of the

tenure.

Consumer Loan Scheme:

1. Car Loan:

Features:

No personal guarantee or cash security!

Wide range of loan amounts- the scheme covers loans ranging from BDT100,000

to BDT2,000,000 (up to a maximum of 75% for brand new car or 70% for

reconditioned car value) *

No hidden costs with low processing fees.


Loan against partial security is also available.

You can repay the loan in 12, 24, 36, 48 or 60 months. Your monthly instalment

will be debited from your personal account held with us.

* The loan does not cover registration, insurance and other costs.

Eligibility:

At least 25 years of age

Employed for at least two years by a well established company*

Minimum monthly income of BDT20,000

*Self-employed individuals can also apply subject to proof of income and the minimum

monthly income has to be BDT 50,000.

2. Home Loan:

Features:

No personal gurantee or cash security.

Competitive interest rates.

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Interest is calculated on a monthly reducing balance as opposed to an annual

reducing balance, giving you a lower monthly instalment amount with HSBC.

A maximum loan amount of 70% of the total value of the apartment or

BDT2,000,000 for renovation.

Loan size between a minimum of BDT 750,000 and maximum of BDT 7,500,000.

Financing for the registration cost.

Repayments by monthly instalments of up to 15 years or prior to borrower's age

reaching 60 years or retirement date, whichever is earlier.

Partial prepayment and prepayment allowed.

Who can apply?

You should be employed by a well-established company for 2 years. If less than 2

years in current job, previous employment record will be considered.

Minimum monthly income of at least BDT 40,000. Spouses may club their

incomes together and apply as joint applicants.

Self employed individuals can also apply subject to adequate proof of income.

Requirements:

Letter from your employer.

Documents stated in the Application Form.

We do not require any personal guarantee or cash security to support the loan.

A registered mortgage in favour of HSBC and original title deed.

Property insurance is required covering fire, earthquake, flood, and cyclone.

3. Travel Loan

Features:

No personal guarantee or cash security.

The loan amount ranges from BDT50,000 to BDT500,000 or a maximum of four

times of your monthly income, whichever is lower.

If you are an AutoPay customer, you can get six times or if you are a CEPS

customer you can get ten times of your monthly income upto a maximum of BDT

500,000.


Low processing fees.

You can repay the loan in 12, 24, 36 or 48 months.


Documentation-travel quotation along with other documents.

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4. Lifestyle Loan:

Features:


The loan amount ranges from BDT50,000 to BDT1,000,000 or a maximum of

four times of your monthly income, whichever is lower.


customer you can get ten times of your monthly income.





5. Student Loan:

Now, with the Student Loan from HSBC, you can make your bestinvestment decision without worrying about your cash flow.

Features:


Loan amount ranging from BDT50,000 to BDT750,000 or a

maximum of four times of your monthly income, whichever islower.

If you are an AutoPay customer, you can get six times or if you

are a CEPS customer you can get ten times of your monthlyincome upto a maximum of BDT750,000.

Competitive interest rates. Low processing fees.



Facility for opening Student File is also available.

To open a student file student has to provide copy of

college/university admission paper and proof of formalacceptance by student along with other documents.

6. Furniture Loan:

Features:

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The loan amount ranges from BDT50,000 to BDT1,000,000 or

a maximum of four times of your monthly income, whicheveris lower.

If you are an AutoPay customer, you can get six times or ifyou are a CEPS customer you can get ten times of yourmonthly income.




Loan tenure may be extended to 60 months depending on the

security provided by the customer.


7. Wedding Loan:

Features:


The loan amount ranges from BDT50,000 to BDT1,000,000 ora maximum of four times of your monthly income, whichever

is lower. If you are an AutoPay customer, you can get six times or if

you are a CEPS customer you can get ten times of yourmonthly income.





8. CNG Conversion Loan:

Save the environment as you save money. HSBC offers a low cost CNGconversion loan solution backed by local knowledge and globalexpertise.

Features:

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Maximum loan tenure 2 years

No personal guarantee or cash security required

Loan amount ranging from BDT30,000 to BDT50,000

9. Medical Loan:

Features:

No personal guarantee or cash security required

Loan amount ranging from BDT30,000 to BDT1,000,000

Low processing fees


You can repay the loan in 12, 24, 36, 48 or 60 months. Your

monthly installment will be debited from your personal accountheld with us.

10. Home Equity Loan :

An opportunity for you to release some of the value tied up in yourhome. Whether you want to renovate your home or expand your ownbusiness, you can potentially receive cash loans against the equity inyour house.

Features:

Loan facility against your fixed asset, a residential house orapartment, not more than 15 years old

More flexibility with a loan tenure of maximum 7 years

Loan amount of BDT 500,000 - 6,000,000

A maximum of 60% of the property valuation would be offered as

loan with 25% cash security

A wide range of loan purposes - purchase of land, apartments,

office space, renovation, extension or construction of houses,shops etc, education expenses for children and many more

Clubbing of income amongst spouse, father and son/daughter,

mother and son/daughter is possible

Partial prepayment and early settlement facilities

Competitive interest rates on a monthly reducing balance

Who can apply? :

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Any salaried individual or self-employed individual with a minimummonthly income of BDT 50,000 can apply for the loan facility. Thesalaried individual must be employed in a well-established organizationfor at least two years (only last two employers would be considered).

Self-employed individuals should have at least two years professionalexperience or business establishment.

Requirements:

Registered Mortgage and original title deed

Irrevocable General Power of Attorney (IGPA)

Property insurance covering fire, earthquake, flood and cyclone

Partial cash security is required for a loan facility of above 20%

against your property valuation

11. Professional Loan:

Features:


The loan amount ranges from BDT50,000 to BDT1,000,000 or a maximum of

four times of your monthly income, whichever is lower.


customer you can get ten times of your monthly income.





12. Motorbike Loan:

Benefits:


Loan amount ranging from BDT50,000 to BDT200,000 or a maximum of fourtimes of your monthly income, whichever is lower.


customer you can get ten times of your monthly income upto a maximum of

BDT200,000.



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You can repay the loan in 12, 24 or 36 months.

Documentation: Quotation of the motorbike along with other documents.

* The loan does not cover registration, insurance and other costs.