Helping you graduate
Benefits
With the HSBC Student Loan, you will get:
- Fast decisionWe will give you a quick reply to your loan request.
- Preferential variable interest rate
- Flexible loanA Student Loan may be used for practically any personal (i.e. non-commercial) purpose.
- Maximum amountYou may borrow up to a maximum of €3,500 subject to income and other criteria.
- No security requiredOur 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.
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
Helping you put your plans into action.
Car Loan
Drive away with finance for a new or second-hand car.
Green Loan
For environmentally friendly products and services.
Approved and issued by HSBC Bank Malta p.l.c, (116, Archbishop Street, Valletta VLT 1444). HSBC is a public limited company regulated by the Malta Financial Services Authority and licensed to carry out the business of banking in terms of the Banking Act (Cap.371 of the Laws of Malta). HSBC is licensed to conduct investment services in terms of the Investment Services Act (Cap.370. of the Laws of Malta) and is enrolled as a Tied Insurance Intermediary for HSBC Life Assurance (Malta) Ltd under the Insurance Distribution Act (Cap. 487 of the Laws of Malta).
Disclaimer
The Site is primarily intended for those who access it from within Malta. Because of this we cannot guarantee that the Site or the information thereon complies with law or regulation of other countries, or is appropriate for use, in other places. You are wholly responsible for use of the Site by any person using your computer and you must ensure that any such person complies with these Terms. The information provided on this Site is not intended for distribution to, or use by, any person in any jurisdiction where such distribution or use would be contrary to law or regulation. This Site should not be considered as communicating any invitation or inducement to engage in banking or investment activity or any offer to buy or sell any securities or other instruments outside Malta.