HSBC – Premier Personal Loan

Requirements

• Minimum age of 21 and maximum age of 65 at the end of the finance repayment period
• Your employer must be on the bank’s approved employer list
• Minimum fixed gross monthly income of EGP 3,000
• You must have completed your probation period with your current employer
• You should have Egyptian nationality (or have a valid passport and valid residency in Egypt if you are a foreigner)

Documents Required

• Valid National Identification Card for Egyptians or valid passport and valid residency for foreigners
• Recent income or instalment transfer letter in the bank’s standard format
• Recent telephone, electricity or gas utility bill (maximum 3 months old)

Fees & Charges

• 2% administrative fee for personal banking, HSBC Advance and HSBC Premier
• 5% for early full/partial settlement
• EGP 75 late payment fee per installment
• 4% annually on overdue interest