The fixed scheme offers 2 options, one where the customer can make pre-payments subject to certain conditions and second wherein the customer chooses not to make pre-payments during the fixed rate period.
According the HSBC India's statement, the new rate is available for 1 to 5 years period for housing and 5 years for loan against property, with applicable rate beginning at 11.25% a one year tenor to 11.75%t for a five-year home loan.
About HSBC India..!
HSBC's origins in India date back to the year1853, when the Mercantile Bank of India was established in Mumbai. The Bank has since, steadily grown in reach and service offerings, keeping pace with the evolving banking and financial needs of its customers.
In India, the HSBC Bank offers a comprehensive suite of world-class products and services to its corporate and commercial banking clients as also to a fast growing personal banking customer base.
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