Mortgage >> HSBC Bank

Information on HSBC Bank

HSBC is one of the largest banking and financial service organization in the world. The whole network of the HSBC’s international comprises of 10,000 offices in 83 countries and territories in Europe, the Asia-Pacific region, the Middle East and Africa. It has an international pedigree which is unique. HSBC Bank can also help you release the equity in your home.

Repayment options are Capital Repayment, Interest Only or a combination. HSBC is the first full service providers of private banking in India. HSBC Bank customers will automatically become Asset Vantage customers; those who are traveling abroad can avail of free encashment of Thomas Cook traveler’s cheques, and also draw up to Rs 16,000 daily from HSBC's network of 55 automatic teller machines.

HSBC offers the following mortgage products:

• Capital Repayment Mortgage: In this mortgage our monthly repayments covers the interest and also some of the initial loans. In HSBC Bank if all the payments are made then the interest and mortgage will be fully repaid.


• Interest Only Mortgage: In this mortgage the monthly payments only cover the interest incurred on the loan. The initial money borrowed will be outstanding during the term of the loan and we are responsible to repay the amount.


• Home Start Mortgage: In this mortgage payments are lower at the beginning of the mortgage which means that we have more flexibility in our life.


• Variable Rate: In this mortgage there are no charges for making overpayment and also there are no early repayment charges. The policy of HSBC is that to amend its rate so that it will not be more than 1% above the Bank of England Base Rate


• Fixed Rate: In this mortgage repayments are constant each month during the fixed rate period and these are not affected by changes to the Bank of England Base Rate.


• Pension Mortgage: In this mortgage if we pay the amount in the pension plan then we can repay it at the retirement.

Personal services offered by HSBC are as follows:

Keeping us informed of new products, which may offer better terms than the existing savings and investments.

Referring to the independent wealth management services team for advice on an extensive range of HSBC Bank and the other third party investments.

HSBC Bank provides debt, investment advice covering equity and mutual funds.

Contact Information of HSBC Bank