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Personal Secured Credit
If you need funds urgently to meet an unexpected situation, just turn to HSBC. With Personal Secured Credit facility, we can arrange a credit facility for you, secured against time deposits.
How much can you borrow?
You can borrow up to 90% of your BDT denominated Term Deposit, 80% of the value of your foreign currency time deposit or 75% of Wage Earners Development Bond (WEDB)/US Dollar Investment Bond (USDIB)/US Dollar Premium Bond (USDPB)
What is your gain?
You can re-invest your money while your primary investment remains intact and this enables you to have the flexibility to meet short-term commitments without unlocking your long-term investments.
How is Interest calculated?
Interest is calculated daily and is charged on the daily overdrawn balance every 3 months.
Need to know more
For assistance on your queries, you can contact us via the options available below.
- Contact Centre (9AM to 9PM Bangladesh Time, every day except government holidays)
Within Bangladesh : 16240
From Overseas: +88 096127 16240 - Email your inquiries and feedback: contact@hsbc.com.bd
- For details, click Contact us
(No new accounts under the following products are currently being offered.)
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