Car Loan

With all your priorities, owning your dream car might take a back seat. But a car is a necessity nowadays and we're here to help you get the one you need.

Fast access to funds

Purchasing a car is a big decision. At HSBC Finance, we understand the importance of providing our customers with quick access to funds once they have found the ideal car to purchase. Therefore, you can be rest assured that your application will be processed promptly and efficiently.

To simplify the car purchasing process, all you have to do is decide on the vehicle you wish to purchase and, subject to meeting minimum eligibility criteria; we will ensure that you have the financing you require quickly.

Easy payment

Standing Instruction - you can set up a standing instruction to automatically settle your monthly payment from your bank account. If your bank account is with HSBC, the standing instruction is free of charge.

Personal Internet Banking - you can also pay through internet banking from HSBC.

HSBC Finance Branches - alternatively, you can choose to pay either by cash or by your credit card from HSBC at any of our HSBC Finance branches

Flexible loan tenure

With HSBC Finance, you have up to seven years to settle your car loan, giving you the flexibility to determine what your ideal monthly repayment is.

Used vehicles for sale

If you are looking for a second-hand or commercial vehicle, you may consider purchasing repossessed cars from our Car Yard. The vehicles are sold through public tender and are often affordable. Watch out for our advertisement in the local newspaper and the HSBC website.

Eligibility

To be eligible you must:

• Hold a valid driver's license


• Earn a stable income


• Be between 18 and 55 years old*


• Be a Brunei citizen or a Permanent Resident


If you are an expatriate, you must:


• Posses a valid employment contract and loan tenor must be terminated 3 months before expiry of Employment Contract or Employment Pass.*

* Other terms and conditions apply

Basic documentation requirements

• Signed photocopy of ID or passport


• Copy of valid driving license


• Copy of salary slip


• Copy of employment contract or employment pass for expatriates