| 1. |
This offer with regard to the Personal Loans offered by The Hongkong and Shanghai Banking Corporation Limited India (HSBC/Bank) is for existing resident savings/salary accountholders of HSBC only (hereinafter referred to as 'Customer'). This offer is subject to satisfactory credit checks as per the credit guidelines of HSBC and such checks will be undertaken, when the Customer expresses his desire to avail this offer. Disbursal will be at the sole discretion of HSBC, subject to inter-alia results of these credit checks being satisfactory. |
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| 2. |
This offer is valid from 13 April 2015 to 13 July 2015 (hereinafter referred to as the 'Offer Period'). To avail the offer, the Customer needs to apply for an HSBC Personal Loan during the Offer Period. |
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| 3. |
The maximum loan amount that can be availed of under this offer is  15 lakh. Select Customers may be eligible for loans upto 20 lakh based on the internal credit guidelines of HSBC. |
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| 4. |
To apply for a Personal Loan, Customer should have a minimum annual income of 5 lakh and above. |
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| 5. |
Personal Loan interest rate is a ‘fixed rate’ on monthly reducing balance. |
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| 6. |
Processing fee upto 1% of the disbursed loan amount. |
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| 7. |
The interest rate of 12.99% p.a. will be applicable only to Resident Customers holding HSBC Liability Accounts, employed with select corporates, subject to availing a Personal Loan of greater than or equal to 2 lakh and meeting the eligibility criteria of the Bank. |
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| 8. |
These special interest rates as mentioned hereinabove are valid during the Offer Period only. |
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| 9. |
Prepayment of the Personal Loan will not be permitted for the first 6 months post disbursal. Thereafter on foreclosure, a prepayment penalty upto 4% shall be levied. |
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| 10. |
Personal Loans are available in the cities of Ahmedabad, Baroda, Bengaluru, Chandigarh, Chennai, Cochin, Delhi, Hyderabad, Jaipur, Kolkata, Ludhiana, Mumbai, Pune and Thiruvananthapuram only and are subject to change from time to time. |
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| 11. |
All decisions with respect to the offer shall be at the sole discretion of HSBC and the same shall be final, binding and non-contestable. The Customer waives any and all rights of claim with regard to the offer against HSBC. |
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| 12. |
This offer is valid for Resident Indians only. |
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| 13. |
Issuance of the Personal Loan will be at the sole discretion of the Bank. |
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| 14. |
Tax liability, if any, arising out of the offer shall be solely borne by the Customer. |
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| 15. |
This offer is subject to force majeure events. |
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| 16. |
Any dispute arising out of this offer shall be subject to the exclusive jurisdiction of the courts in Mumbai only. The existence of any dispute shall not, by itself, constitute any claim against HSBC. |
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| 17. |
The decision of HSBC in all aspects of this offer and its rules and regulations will be final and binding on all Customers. The Bank reserves its absolute right to add, withdraw or alter any of the terms and conditions of the offer at any time by providing appropriate intimation. |
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| 18. |
By participating in this offer, the Customer accepts all the above terms and conditions in totality. |
