Top of main content

Our fixed rate Personal Loan

Competitive 4.99% pa interest rate and a 5.0% pa APRC*.

No processing fees.

For those important moments in life…

Buying a new car, boat or that motorcycle you’ve always wanted? Or maybe thinking of upgrading to a new kitchen or getting that outdoor furniture for some al fresco dining?  There are many occasions when a personal loan can help you to accomplish your goals and put your plans into action. With HSBC’s rapid decision making and competitive rates, it’s never been easier to access the funds you need, when you need them.

Features & benefits

  • Fast decision

    We will give you a quick reply to your loan request.

  • Funds transferred same day

    If approved, you will receive the money in your account straight away.

  • Full amount finance

    We may lend you the full amount of your purchase.

  • Competitive fixed interest rate

    Fixed borrowing rate of 4.99% per annum.

Things you should know

Maximum loan amount and processing fees

Customer type Maximum Loan Value** Processing Fees
HSBC Premier €70,000
€0
HSBC Advance €50,000
€0
HSBC Personal Banking
€50,000
€0

Things you should know

Maximum loan amount and processing fees

Customer type HSBC Premier
Maximum Loan Value** €70,000
Processing Fees €0
Customer type HSBC Advance
Maximum Loan Value** €50,000
Processing Fees €0
Customer type HSBC Personal Banking
Maximum Loan Value** €50,000
Processing Fees €0

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.

**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.

 

Higher processing fees may apply on secured personal loans.

Repayments periods

Loans Value Repayment period
up to €9,999
6 months to 5 years
€10,000 and over
6 months to 7 years

Repayments periods

Loans Value up to €9,999
Repayment period
6 months to 5 years
Loans Value €10,000 and over
Repayment period
6 months to 7 years

Early repayment fees
 

You will not pay any fees or additional interest if you repay your loan early.

Other conditions
 

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.

FAQs

Eligibility

To apply for a personal loan you must be a resident of Malta, and aged 18 or over. Other eligibility criteria may apply.

Product overview

When applying in branch

Interest rate
APRC*
Processing Fees
4.99%
5.0%
€0
Interest rate
4.99%
APRC*
5.0%
Processing Fees
€0

Representative example:

* The Annual Percentage Rate of Charge (APRC) on a Personal Loan of €10,000, repayable over 7 years at a fixed borrowing rate of 4.99% per annum will be 5.0%.

The loan will be repayable in 83 equal monthly instalments of €141.63 and one final instalment of €143.50

The total amount paid after 7 years will be €11,898.79.

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.

Related products

 

Our specifically designed packages for students.

 

Drive away with finance for a new or second-hand car.

 

For environmentally friendly products and services.

Listening to what you have to say about our services matters to us.