Terms and Conditions

All above does not constitute an offer of credit. All applications are subject to our terms and conditions and credit evaluation. A monthly service fee of RM10 is imposed on all HomeSmart accounts. Terms and conditions in the legal documentation apply.

Pay off your home loan in ½ the time:
This is dependent on fulfilment of certain conditions namely the loan amount granted and its tenure, monthly income and savings and/or idle funds that can be maintained by the individual in the HomeSmart account.

RM500 Savings Calculation
The above calculation is based on certain conditions; ie (1) the customer's current applicable interest rate of BLR + 0% with his/her existing financier; (2) the first year interest rate of HSBC HomeSmart under the "Refinancing Interest Package" offers; and (3) where the loan amount is RM400,000. The projected savings of RM500 per month based on the above conditions is only applicable for the first year of refinancing with HSBC HomeSmart. Savings may vary from individual to individual depending on the loan amount and current interest rates charged by their existing financier. HomeSmart Refinancing Interest Package offers are applicable to loan amount above RM250,000 with minimum tenure of 15 years and refinancing from his/her existing non-HSBC financier only. Offers end 28 February 2009.

Zero Moving Cost
Subject to the Bank's absolute discretion, zero moving cost package is only applicable to home financing above RM100,000. Moving cost refer to, inter alia, legal fees, valuation fees, stamp duty and other disbursement or charges relating to the preparation of the legal documentation by the Bank's panel lawyers. The zero moving cost package is subject to the terms and conditions as stated in the legal documentation.