HSBC Lifestyle Loans – Car Loans

HSBC (Hongkong and Shanghai Banking Corporation) provides a whole scheme of loans, namely Lifestyle. Currently they are divided into five main categories. They are, Car Loans, Education Loans, Wedding Loans, Home Improvement Loans and Travel Loans. Today, we discuss about Car Loans.

Benefits and Features :

HSBC Lifestyle Car Loans can be reached the maximum of LKR7,000,000 (Seven Million Rupees) and up to 100% of the value of the vehicle, and no personal guarantors or down payments. They also give a smart option of repaying the loan based on a reducing balance or an equal installment scheme and their service is available for both registered and unregistered vehicles.

HSBC Lifestyle Car Loans also provide special rates on insurance packages, plus another smart option of including the first year's insurance premium to the loan. You and your spouse can apply as joint applicants which can assist you to go for a highly valuable vehicle. Your repayment process can be extended up to Seven years. The entire HSBC Car Loans processing fee is a fixed, low one, only Rs. 3,000/-

You should be :

Employed and holding a confirmed post in an established company, your net earnings should be at least Rs. 30,000/- including vehicle allowances is there if any. And your basic salary should be at least Rs. 15,000/-. You must be between 21 and 55 years of age.

To apply :

To apply for a HSBC Lifestyle Car Loan, you should submit a duly completed Lifestyle Loan application & promissory note, A letter from employer confirming employee details, A set of Bank statements and pay slips for the last three months and A copy of your NIC. Also if you are not a HSBC customer, you may submit a copy of a recent utility bill to confirm your address.

So.. if you are dreaming about a new car, plan your finance and go for it! Call 2 511 533 for more details about HSBC Lifestyle Car Loans. Good luck.