HSBC Premier Unsecured Overdraft.
Because opportunities don’t wait.
With HSBC Premier Current Account, you have immediate access to funds with our unsecured overdraft facility – whenever and wherever you need it.
Apply today to enjoy preferential rates.
Apply today to enjoy preferential rates.
| Facility Limits | Interest Rates |
|---|---|
| ≤ RM50,000 | BR + 1.10% p.a. / 4.99% at current BR |
| RM50,001 – RM99,999 | BR + 2.10% p.a. / 5.99% at current BR |
| ≥ RM100,000 | BR + 3.10% p.a. / 6.99% at current BR |
EASY
No collateral
needed
needed
CONVENIENT
Borrow from RM10,000 up to RM150,000 for a period of 5 years
FLEXIBLE
Pay interest only
on the amount you use*
on the amount you use*
EXCLUSIVE
Preferential rates starting from BR + 1.10% p.a.
WHO CAN APPLY?
Existing HSBC Premier Customers with the below criteria:
- Malaysian resident
- Above 12 months relationship with the bank
- Total relationship balance of RM200,000 in the past 6 months
- Between age 21 – 60 years old
WHAT ARE THE FEES AND CHARGES?
*Commitment fee
1% p.a. on the unutilized portion of facilities where the facility is RM75,000 or more
Overdraft Excess Fee
1% p.a. additional interest on any amount utilized exceeding the Overdraft Limit from the date the Overdraft Limit is exceeded until the date of payment of the amount that exceeds the Overdraft Limit
Stamp duty
0.5% of Facility Limit
Legal fee
RM190 for stamping of the facility
Interest computation
Daily rest
Interest rate
Starting from BR + 1.10% p.a.
Minimum monthly repayment
5% of the balance outstanding plus the Overdraft Excess Fee (if any) as at your statement date or RM50, whichever is higher, within 14 days from your statement date
How much can I borrow?
| Facility Amount: | |
| Minimum: | RM10,000 |
| Maximum: | RM150,000 (salaried) |
| RM100,000 (self-employed) | |
| Tenure: | Up to 5 years |
What documents are required?
- Income documents
- Malaysian NRIC
- Application form
Where can I apply?
Any HSBC Bank branch
Download the Product Disclosure Sheet here.
Call your Premier Relationship Manager or
Issued by HSBC BANK MALAYSIA BERHAD 198401015221 (127776-V).