Helping you graduate
Our student loan is a great way to put your plans into action at university. The loan can be used for practically any personal purpose up to a value of €3,500.
Benefits
With the HSBC Student Loan, you will get:
Fast decision
We will give you a quick reply to your loan request.
Preferential variable interest rate
Flexible loan
A Student Loan may be used for practically any personal (i.e. non-commercial) purpose.
Maximum amount
You may borrow up to a maximum of €3,500 subject to income and other criteria.
No security required
Our student loans are unsecured.
Product overview
Maximum loan amount
You may borrow up to a maximum of €3,500, subject to income and other criteria. A Student Loan may be used for practically any personal (i.e. non-commercial) purpose.
Interest rate
Through a Student Loan you may benefit from a preferential variable interest rate of 4.5% (4.7% APRC) (i.e. a margin of 2% over the Bank's Base Rate which is 2.5%).
The maximum amount you may borrow is subject to your financial status, and to further approval by your branch. Terms and conditions apply.
The Annual Percentage Rate of Charge (APRC) on a Student Loan of €3,000, repayable over 5 years at a variable borrowing rate of 4.5% per annum, will be 4.7%.
The loan will be repayable in 59 equal monthly instalments of €56.02 and one final instalment of €56.21.
The total amount paid after 5 years will be €3,361.39.
Student Loans offer when going green
From 01 May until 31 December 2021, you can get a specially discounted variable interest rate of 3.99% (4.1% APRC)* when you apply for a student loan to pay for any of the following products or services:
Bicycles and pedelecs
Electric scooters, scooters, motorcycles and helmets
Kick scooters
Electric cars
Motorcycle permit course
This initiative is being run in parallel with the KSU Green Fund, under which students will be eligible for subsidy when buying certain environmentally friendly products and services.
The maximum amount you may borrow is subject to your financial status, and to further approval by your branch.
Terms and conditions apply.
* Representative Example:
The Annual Percentage Rate of Charge (APRC) on a Student Loan of €3,000, repayable over 5 years at a variable borrowing rate of 3.99% per annum, will be 4.1%.
The loan will be repayable in 59 equal monthly instalments of €55.31 and one final instalment of €55.69.
The total amount paid after 5 years will be €3,318.98.
Eligibility
To apply for a Student loan you must be a resident of Malta, be a full time student, studying secondary or tertiary education in Malta, aged between 18 and 25 years, and have your stipend credited directly into an HSBC Student account. Other eligibility criteria may apply.
Apply online
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
Personal Loan
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Car Loan
Drive away with finance for a new or second-hand car.
Green Loan
For environmentally friendly products and services.