Rating based on 93 reviews

HSBC Student Loan

Updated
  • Student loans up to £25,000
  • Low-interest starting from 3.3%
  • Repayment up to 60 months
HSBC homepage
Author HSBC. Screenshot of HSBC website.
[Accessed May 17, 2023]

About HSBC

If it's growth you are looking for then a student loan from HSBC ends the search.

Many people have dreams and aspirations. Sometimes these dreams include buying a house, starting a family or even starting their own business. For those who are just starting with life and want to study to achieve greater heights, there is a student loan from HSBC to kick them off with.

A student loan opens up opportunities

Being on quite a few stock exchanges, HSBC shares are held by roughly 194,000 shareholders in around 130 countries and territories. Their vision and goal is a simple one, to offer their clients new and exciting opportunities.

Since the 1st of July 2018, HSBC has worked tirelessly to become what they are today. They have created an extensive network of branches across the UK. They serve and support their customers in every way they can, with no exception to student loans. 

HSBC focuses on your future

Any institution has room for improvement. It can be with service, technology, or just about anything. HSBC makes it their main mission to keep bettering on everything they do.

With a constant eye on the latest trends and wanting to be only the best, you can rest assured that taking a student loan in the UK from them is going to be no different. 

Quick access to a student loan

Probably the worst thing in the world is waiting. When there is a goal to reach the very last thing that anybody wants to do is wait.

If you are an existing customer with HSBC you will be glad to hear that you can have your student loan available instantly. This makes waiting to start your studies non-existent.

HSBC Services

You are finally on your way to starting your life and need to acquire a student loan, you need to make sure you choose the right one.

Whether you need to pay for tuition, buy a laptop, or just make sure the rent is covered, a student loan from HSBC can help you.

Why HSBC student loans are attractive

There is no debate that every student loan has its advantages and its disadvantages. With the HSBC group, there are many advantages. You can enjoy quick access to your study loan and you will be pleased to know that you can make overpayments at no extra charge.

If you already have an HSBC current account you can enjoy an instant credit decision. For non-HSBC account customers, you will have an answer between 2 to 5 working days. The payout for account holders is instant on approval whereas non-account holders will wait no longer than 3 working days.

Calculate your student loan before you apply

Planning is always the key to better achievement of success. To manage your money better you need to know what you can afford and over what term you can repay. Knowing you can afford your budget gives you peace of mind.

HSBC has given its customers a handy and easy-to-use student loan calculator. You simply use the slider to indicate the student loan amount of your choice and your student loan repayment term. You will get a clear indication of what you need to budget for along with the interest rate.   

Help is always close by

Getting in touch with them is easy and convenient. With their up-to-date mobile app, you can simply start a chat with a consultant. There is also always the old-fashioned way of simply giving them a call or popping into a branch nearest to you. You need not fear, HSBC help is always near.

HSBC – Student loan

  • Loan Type Student loans
  • Interest Rate from 3.3%
  • Loan Amount up to £25,000
  • Repayment 12 months to 60 months

Benefits of HSBC

  • Get a quick loan decision
  • Fast access to funds
  • Make overpayments with no extra charge
  • Top up your existing loan

Student loan calculator

£
The interest rate of a loan will vary based on your credit score and risk profile.
This student loan calculator is for illustration purposes only.
The use of this loan calculator is subject to our terms of use.

With HSBC you can get a quick and affordable student loan

One thing is for sure, being part of an institution with a vision as big as the one HSBC has is truly inspiring.

With their continued effort in everything that can better the future for their customers and their communities, they are leading the future. Their goal of creating opportunities is quickly becoming the talk of the industry. Get your student loan from HSBC today and become part of the success story.

Firstly check your eligibility

  • You will have to be 18 years or older.
  • You need to reside in the UK.
  • You need a bank or building society account with a Direct Debit facility.

Documents required for  application

  • Proof of your identification.
  • Proof of your income and expenses.
  • Proof of residence.

If you meet the requirements you are now ready to start the student loan application process. It will be beneficial to use the student loan calculator as an added help.

Step one

By logging on to the HSBC website you will be able to apply for your student loan by clicking on the apply now button. If you already have an account with them you can simply log in and proceed. You can create an account online if you do not have one. Afterwards, you can start with the application.

Step two

The application requires some information from you. Make sure that you have access to any relevant documentation that might be needed to back up the information on your student loan application. The more accurate and complete your supporting documents are the smoother the application will be.

Step three

If you are sure your online loan application is complete and correct, you may now apply. If there are any further supporting documents needed, you will be notified. Your application will now be reviewed. If you are an existing customer, your student loan decision is instant and the funds can be available immediately.

Step four

For the non-account holder customers, the review can take between 2 to 5 working days to reach a decision. As soon as your student loan has been approved and signed, your student loan will be available within 3 working days.

Benefits of an HSBC student loan

  • You get quick access to your student loan.
  • You can use your student loan for anything.
  • Overpayments can be made on your loan without extra charge.
  • Student loan decisions are quick.
  • World-class service from a team that cares about your future.

Customer Reviews & Testimonials

November 2021

I never thought getting a student loan would be this quick and easy. I was already a current account holder and I got an instant decision and my funds were available immediately. That is what I c...

Avery J
— Bath —

May 2021

When I decided to start my studies, the only thing standing in my way was a student loan. To my surprise, I got a student loan from HSBC and I was on my way to start my future in a week. This was...

Mason D
— York —

August 2021

When you make important decisions in life, you need a team to help you manage those decisions well. With a student loan from HSBC, I not only got the funds but also all the extra advice I needed ...

Sophia A
— Lancaster —

HSBC Contact

Physical Address

  • First Floor, 141 Bothwell Street Glasgow Scotland G2 7EQ United Kingdom
  • Get Directions

Opening Hours

  • not available