HSBC

Enjoy flexibility and higher returns with
a current account linked to the cluster deposit facility

It’s important for you to strike a perfect balance between easy access to your money and higher returns.

The cluster deposit facility on current account from HSBC offers your greater access to your money while earning higher returns on your cluster deposits.

With the cluster deposit facility* you can now earn an interest of 8% p.a.¹ on balance² above

7.50 lakh maintained in the current account as the amount will automatically get swept into the linked cluster deposits. In addition to this, funds from these cluster deposits can also get swept back into your current account, ensuring that they are always available when you need them.

What's more, you will be rewarded with exciting Lifestyle gift vouchers** worth upto

10,000 on using your HSBC debit card that is linked to the current account.

So, go ahead and give your business more scope with an HSBC current account. Contact your nearest HSBC branch today.

*Click here for cluster deposits terms and conditions.

**Click here for gift vouchers terms and conditions.

Issued by The Hongkong and Shanghai Banking Corporation Limited, India (HSBC India). Incorporated in
Hong Kong SAR with limited liability.

¹The rate of interest stated above is the current applicable rate of interest per annum on HSBC domestic
fixed and/or cluster deposits booked for a tenure of 6 months and is subject to change from time to time.
Please check the applicable interest rates on cluster/fixed deposits displayed at our branches and on the website hsbc.co.in prior to placing a cluster deposit. Cluster deposits are resident fixed deposits linked to the current account, that support automated placement or breakage of deposits based on threshold amount defined in the current account. The account rules associated with 'Fixed Deposit' of the Bank will be applicable on the cluster deposits. For pre-mature encashment of cluster deposits penal rates will be applicable. Interest earned is subject to Income Tax Deduction at Source (TDS) when due and applicable will be deducted in accordance to the Income Tax Act 1961 and rules there under as in force. Such TDS will be recovered from savings/current account.

Nomination facility is available on cluster deposits. Please contact the nearest HSBC branch in India for details.

²In cluster deposits the minimum placement unit is

25,000 and withdrawal unit is

1. Cluster deposits that are prematurely withdrawn (on customer's instruction or due to fall of threshold balance of

750,000) is subject to penalty on premature withdrawal of fixed deposit as may be applicable from time to time. Please check the account rules page on hsbc.co.in for the applicable penalty.

All deposits placed with the bank in India are covered under the insurance scheme offered by Deposit Insurance and Credit Guarantee Corporation of India (DICGC) subject to certain terms and conditions. Each depositor is insured upto a maximum of

1,00,000 (rupees one lakh) for both principal and interest amount held by the depositor in the same right and same capacity as on the date of liquidation/cancellation of bank's licence or the date on which the scheme of amalgamation/merger/reconstruction comes into force.

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