Buy a car with an HSBC Personal Loan
Whether you’re buying a new or used vehicle, a Personal Loan could get you on the road to owning it outright, with monthly repayments at a highly competitive rate.
Get a Personal Loan
Switching to a more sustainable vehicle?
If you're interested in buying a hybrid or electric vehicle, our Green Loan could offer you a better deal than a Personal Loan.
We'll give you a quick reply to your loan request.
Funds transferred the same day
If approved, you will receive the money in your account straight away.
Full amount finance
You may be able to borrow the full amount of your purchase.
When applying in branch
Interest rate and APRC:
6.3% Interest rate 6.6% APRC*
Processing Fees - €0
*The Annual Percentage Rate of Charge (APRC) on a Personal Loan of €10,000, repayable over 7 years at a fixed borrowing rate of 6.3% per annum will be 6.6%.
The loan will be repayable in 83 equal monthly instalments of €147.97 and one final instalment of €148.77.
The total amount paid after 7 years will be €12,430.28.
The maximum amount you may borrow is subject to your financial status, and to further approval by your branch. 7 year repayment period applicable to all loans of €10,000 and over. All other loans repayable over a maximum period of 5 years. Terms and conditions may apply.
Maximum loan amount
- HSBC Premier customers may borrow up to a maximum**of €70,000
- HSBC Advance customers may borrow up to a maximum** of €50,000
- HSBC Personal Banking customers may borrow up to a maximum**of €50,000
**The maximum amount you may borrow is subject to your financial status, and to further approval by your branch. The loan amount will depend also on income, affordability and other criteria.
Your repayments can be spread over
- 6 months to 5 years for loans up to €9,999
- 6 months to 7 years for loans of €10,000 and over
Processing fees on unsecured personal loans
- HSBC Premier customers pay a processing fee of €0
- HSBC Advance customers pay a processing fee of €0
- HSBC Personal Banking customers pay a processing fee of €0
Early repayment fees
You will not pay any fees or additional interest if you repay your loan early.
When you apply to borrow money from us, we want to ensure that you will be able to meet your monthly repayments. We feel that it would not be in your best interest to take on a commitment which you may find difficult to manage. We will grant you a loan following an assessment on your financial position.
Wherever possible, your salary / income is to be credited directly to an account with HSBC from which loan repayments will be effected.
To apply for a Personal Loan you must be a resident of Malta, and aged 18 or over. Other eligibility criteria may apply.
Apply in branch
Alternatively, you can visit one of our branches, where our staff will be glad to give you further information and process your application.