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| Terms and Conditions |
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| 1. |
This offer is brought to you by The Hongkong and Shanghai Banking Corporation Limited, India (HSBC). This offer is available to all
Resident Indian and Non-Resident individuals (Customers). Any participation in the offer is voluntary. |
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| 2. |
As per this offer, HSBC will takeover the existing Home Loan liability / loan of the customers from their existing bankers, at the
special pricing offered on fulfillment of conditions mentioned in the Terms and Conditions (hereinafter referred to as ‘the Offer’). |
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| 3. |
Only non-delinquent customers will be eligible for the offer. |
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| 4. |
For takeover/transfer of Home Loan under the offer |
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The minimum loan amount is  5 lakh and maximum loan amount is 150 lakh, for properties in Mumbai and New Delhi (NCR). |
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The minimum loan amount is 2 lakh and maximum loan amount is 150 lakh, for properties in Bengaluru, Chennai, Pune,
Ahmedabad, Chandigarh, Jaipur and Hyderabad. |
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| 5. |
For takeover Home Loans greater than 150 lakh, the existing floating rates would apply. The existing floating rate for Home Loan
is 11% p.a and for Smart Home is 11.5% p.a. |
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| 6. |
Top-ups are allowed for takeover Home Loans, under the offer. Top-ups upto 100% of the takeover amount will be offered at the
special pricing under the offer. If the Top-up amount exceeds more than 100% of the takeover loan amount, than the floating rate
applicable for the complete top-up amount will be at the existing floating rates. Home Loan top-up floating rate is 12% p.a and
Smart Home top-up floating rate is 12.5% p.a. The maximum top-up amount under the special pricing cannot exceed more than
150 lakh, as the maximum takeover Home Loan amount under the offer cannot exceed 150 lakh and only upto 100% of the
takeover amount can be offered as top-up under the special pricing in the offer. |
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| 7. |
All loans are subject to the documentation and applicable credit policies of HSBC. |
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| 8. |
The special pricing is applicable for new Home Loan transfers and new Home Loan transfers plus top-ups. |
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| 9. |
HSBC shall conduct required verification, valuation and legal checks as per its extant policies. |
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| 10. |
HSBC reserves the right to ask for documents as required for the loan processing. |
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| 11. |
All loans are at the sole discretion of and subject to the Terms and Conditions laid down by, HSBC. Loans are available to
customers residing in and for properties located in and around the city limits of Mumbai, Pune, New Delhi (NCR), Bengaluru,
Chennai, Ahmedabad, Chandigarh, Jaipur and Hyderabad; and are subject to change from time to time. |
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| 12. |
Under the offer only interest at floating rate is offered for Home Loan. All floating rate loans are linked to HSBC’s Base Rate, any
revision in the Base Rate would impact your interest rate. |
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| 13. |
The offer is valid for loan applications (as per conditions specified and described in this document) received and subsequently
approved between 14 January 2013 to
31 March 2013. |
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| 14. |
HSBC reserves its absolute right to withdraw or alter any of the Terms and Conditions of the offer at any time without prior
intimation. |
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| 15. |
HSBC will not be liable for any loss or damage whatsoever that may be suffered, as a result of availing the offer. |
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| 16. |
The offer is subject to force majeure events. |
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| 17. |
All decisions with respect to the offer shall be at the sole discretion of HSBC and the same shall be final, binding and noncontestable.
The customer waives any and all rights of claim with regard to the offer against HSBC. |
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| 18. |
Any disputes arising out of the offer shall be subject to the exclusive jurisdiction of courts in Mumbai only. The existence of any
dispute shall not, by itself, constitute any claim against HSBC. |
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| 19. |
By availing the offer, you shall be deemed to have accepted these Terms and Conditions herein in totality. |
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| 20. |
All loans are subject to Terms and Conditions and are at the sole discretion of The Hongkong and Shanghai Banking Corporation
Limited, India (HSBC). Currently Home Loan is available to applicants and for properties in and around the city limits of (sourcing
cities) Mumbai, New Delhi (NCR), Bengaluru, Pune, Chandigarh, Jaipur, Ahmedabad, Chennai and Hyderabad; and are subject to
change from time to time. |
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| 21. |
The minimum and maximum loan depends on city of property and property type.
Loan amount of 5,00,000 to 10,00,00,000 for ready and under-construction properties in Mumbai, New Delhi (NCR); 2,00,000
to 7,50,00,000 for ready and under construction properties in Bengaluru, Chennai, Pune, Ahmedabad, Chandigarh, Jaipur and
Hyderabad;
2,00,000 to 3,00,00,000 for purchase of plot of land in Mumbai and Delhi; 2,00,000 to
2,00,00,000 for purchase
of plot of land in Bengaluru, Chennai, Pune, Ahmedabad, Chandigarh, Jaipur and Hyderabad; 2,00,000 to 1,00,00,000 for selfconstruction
loan and
2,00,000 to 25,00,000 for home improvement loans for properties in all sourcing cities.For HSBC Premier customer maximum loan amount of 10,00,00,000 for all sourcing cities.The minimum property agreement and market value to be funded for Mumbai and Delhi is 25 lakh and for all other sourcing cities is 15 lakh. |
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| 22. |
Takeovers are permitted only from approved list of financers of HSBC. For details, speak to your RM or visit the nearest branch. |
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