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Changing to Advance from PowerVantage Plus
HSBC is launching the Advance account worldwide, in an effort to bring its extensive banking services in line with international trends. HSBC Advance focuses on offering straightforward, comprehensive solutions that are flexible enough to fit different life stages, making it easy to achieve your life's goals, and enjoy a host of privileges worldwide.
The result of this move will not change the rights and privileges of clients in the original “PowerVantage Plus Account.” Rather, it will greatly improve the exclusive preferential services for accounts in the "Advance" program.
Eligibility
To be eligible for HSBC Advance, you need to :
Maintain Rs. 1,000,000 in a Time Deposit
or:
Maintain Rs. 250,000 in a Savings or Current Account
or:
Have a monthly remittance of Rs. 125,000 to your HSBC account
Or,
Obtain a Loan (Personal or Car) for over Rs.1,000,000
Note: A monthly service fee of
Rs. 1,100/- will be applicable if a customer fails to meet any one of the above requirements.
