HSBC PERSONAL LOAN
By varshvlila •
i borrowed a personal loan from HSBC Qatar.. During intial loan processing, HSBC had agreed for loan tranfer in case I leave Qatar for new job.....
Now I am getting a new good job in Bahrain..But HSBC is now denying for loan transfer to HSBC Bahrain..instead asking to clear the loan and leave qatar.... Any one can guide me on this issue?
please reply
i thought this would be the logical solution, but would not like to take the risk without confirming this with the bank.
also would me having a RP here inpact on any RP in dubai
thank you for the response.
i will visit the branch to see what they advise.
thanks again.
Simple. don't cancell the RP and leave Qatar. Transfer the required money (installment) to your Qatar Account from Bahrain every month before the deduction date by HSBC.
Ban Spoon Feeding not Me
Dear qatarprisoner ,
It's not a problem at all , as advised before you need to visit the above mentioned department so you can explain your leave purpose and provide the bank any supportive docs such as your new job offer letter , No objection letter from your current employer ..
The bank is not allowed to transfer any loan outside Qatar as per Central Bank of Qatar rules and customer has to pay off all his debts.
However , HSBC can allow you to leave Qatar keeping your existing personal loan outstanding but you need to provide them an acceptable guarantee and by reducing it to the minimum.
Please visit Credit Risk Management Dept in GDH , 6th Floor and ask for
Ms.Hana abu Huzeima or call them at 4383305 - 4383308
Regards
Its World's local bank, so locally u have to pay everything before you leave.... but its ridicules...
“We make a living by what we get; we make a life by what we give.”
Sir Winston Churchill
i have a similiar situation, i have a loan here with hsbc, and i have a offer in dubai, which is much better for my family, the company are willing to produce any documentation necessary to transfer the loan.
can you advise if this would be possible to transfer the loan and what documentation i will require???
i would welcome speaking to you if you have any experiance with this type of situation
Regards
Please visit Credit Risk Management Department located in Grand Hamad Branch , 6th Floor and ask for Ms.Hana or Mr.Abdullah , they will assist you.
Or drop your contact number here
Global Bank with hopeless service
Hsbc is a global bank.
talk to the manager of personal loans they should transfer it for you.
you may have to show your new job contract and salary certificate provided from your new employer
Is agreement to transfer in writing?... If not you've only your word to theirs.
Motivation is when your dreams put on work clothes.
- Ben Franklin
pay it