Hsbc commercial mortgage calculator uk9/26/2023 ![]() ![]() Age Proof: Passport, PAN card, Voter’s identity card. ![]() Residence Proof: Ration card Tel/ Lease agreement/ Electricity Bill/ Passport/Trade license /Sales Tax certificate.Valid Proof for Identity: Passport /Ration card /electricity Bill/ Lease agreement / Sales Tax certificate/Trade licence.Application form with the applicant’s signature and photograph.Then Partnership Authorization Letter/ co-borrower if partnership firm just a co-borrower Original Board resolution (If Pvt ltd Co.Other Mandatory Documents that are Sole Proprietorship Declaration, Certified copy of Memorandum & Articles of Association certified by a director.Latest ITR and statement of computation of Income for the last 2 yrs.Proof of Residence – Passport /Ration card /Electricity Bill/ Lease Agreement /Sales Tax certificate/Trade licence.Identity proof – Voter ID card / Passport / Driving License/ PAN Card and MAPIN card.Companies, and Partnership Firms engaged in the Manufacturing, Trading or Services sectors. Self-employed professionals, Sole Proprietorship, Private Ltd. HSBC Business Credit Loan Eligibility Eligibility factors Internet Banking, HSBC Mobile Banking, HSBC SimplyPay UPI App, Online utility bill payment facility, etc.Preferential rates on Personal and Home Loans.Staff assisted digital account opening with Instant Welcome Packs (IWP).Reimbursement account – a separate current account for seamless reimbursement management.No charges on NEFT/RTGS transactions and demand drafts.Unlimited free ATM transactions at HSBC and other bank VISA ATMs in India.No minimum balance requirement for CEP accounts receiving salary credit.NIL (However Interest would be charged for the interim period between the date of loan disbursement and date of loan cancellation and processing fees would be retained) No Due Certificate / No Objection Certificate (NOC)Ĭharges for changing from fixed to floating rate of interestĬharges for changing from floating to a fixed rate of interest No pre-payment permitted until repayment of 6 EMIsĠ7-24 Months – 4% of Principal OutstandingĢ5-36 Months – 3% of Principal Outstanding
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