HSBC Lifestyle Travel Loan

Our Lifestyle Travel Loan will help you plan that holiday you always wanted to have which otherwise would have remained just that! A dream. So go ahead, take the holiday, you deserve it.

Benefits

  • No personal guarantors or down payments
  • Travel loan amount maximum of LKR3,500,000
  • Option of repaying the loan based on a reducing balance or an equal installment scheme
  • Flexibility to choose the repayment period of up to 5 years (60 instalments)
  • Choice of both fixed and floating rate interest rate options
  • Freedom of making a joint application (spouse only) provided the joint applicant earns the minimum remuneration as specified below

Eligibility criteria for a Travel Loan

You're eligible to apply for a Lifestyle Travel Loan from HSBC if you are:

  • between 18 and 55 years of age
  • employed in an established company
  • currently employed in a confirmed post
  • earning a net remuneration of LKR20,000 (with a minimum basic salary of LKR15,000) excluding vehicle allowance if you are an existing HSBC customer
  • earning a net remuneration of LKR30,000 (with a minimum basic salary of LKR25,000) excluding vehicle allowance if you are a non-HSBC customer

Required documents

You can make an application for a Lifestyle Travel Loan by submitting the following:

  • a duly completed Lifestyle Loan application — see below —and promissory note
  • a copy of National Identity Card
  • a letter from employer confirming employee details (as per the application specimen)
  • a set of bank statements and pay slips for the last three months 
  • a copy of recent utility bill (only for non existing HSBC customers)

If you meet the eligibility criteria and the documents you provide us are complete, your loan will be approved in principle on the next working day.

Apply in branch

Visit any of our branches and simply speak to one of our customer service representatives. For more details about our Lifestyle Loans, you can also call our Lifestyle Loans hotline on 011 2 511 533.

Things you should know

Loan rates

HSBC Lifestyle Loan rate table
Lifestyle Loan type Floating rate1 Fixed rate (5 years) Fixed rate (3 Years)
Travel Loan 16% 14.75% 14.25%
HSBC Lifestyle Loan rate table
Lifestyle Loan type Travel Loan
Floating rate1 16%
Fixed rate (5 years) 14.75%
Fixed rate (3 Years) 14.25%

1Floating interest rates are subject to change in line with market rates. General terms and conditions of HSBC Lifestyle loans apply and the final value will be subject to facility conduct.

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