Top of main content

HSBC Student Loan

Get a discounted student loan when you purchase an environmentally friendly vehicle

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 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

 

Helping you put your plans into action. 

 

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.