Standard Chartered Bank Personal Loan
Looking for a simple way to manage urgent expenses, clear high-interest debts, or fund personal goals? A Standard Chartered Bank Instant Personal Loan could be your answer.
Get up to ₹50 Lakhs without collateral. The entire process is online, fast, paperless, and secure. With competitive interest rates, flexible repayment options, and instant Video KYC, you can access funds quickly, right from your phone.
In this guide, we’ll walk you through personal loan eligibility , benefits, features, personal loan interest rates and required documents to help you decide if this loan fits your needs.
Standard Chartered Bank Personal Loan
Loan Amount :Up to 50 Lakh | Tenure : 1 to 5 years
Rate of Interest : Strting @11.49% P.A. onwards | Processing Fees : Upto 2.25%
100% Paperless Application Process & 0% Service charge
Eligibility Criteria for Standard Chartered Bank Personal Loan
Before applying, make sure you meet the basic eligibility for a Standard Chartered Personal Loan. Here’s what you need:
1. Age Limit
You must be between 21 and 58 years old. This ensures financial maturity and repayment ability.
2. Employment Type
Both salaried and self-employed individuals can apply. A stable income is a must.
- Salaried: Minimum 1-2 years of work experience
- Self-employed: Proven steady income
3. Income Requirements
You should meet the minimum monthly income criteria. This varies by:
- City or location
- Profession
- Loan amount
A stable income ensures smooth EMI payments.
4. Credit Score
A good credit score (preferably 750+) boosts approval chances. The bank checks this to evaluate your creditworthiness and repayment history.
5. Job Stability
For salaried individuals, 1-2 years of consistent employment in the same company or industry is preferred.
Improve your credit score and ensure stable income before applying for better loan terms and lower interest rates.
Document Requirements for Standard Chartered Bank Personal Loan
The documentation process is simple, and you will need the following documents to apply:
Proof of Identity
- Aadhaar Card
- PAN Card
- Passport
- Driving License
- Voter ID
- Ration Card
Proof of Address
- Passport
- Telephone Bill
- Electricity Bill
- Insurance Policy
- Bank Statement (showing your address)
Proof of Income
- Salary Slips (for salaried employees)
- Bank Statements (for the last 6 months)
- ITR/Tax Returns (for self-employed individuals)
Additional Documents
In some cases, the bank may ask for additional documents based on your loan application.
Features of Standard Chartered Bank Personal Loan
Looking for a flexible and fast personal loan? Here’s why a Standard Chartered personal loan is a smart choice.
1. High Loan Amount
Get loans from ₹1 Lakh to ₹50 Lakhs, based on your income and eligibility. Ideal for big or small financial needs.
2. No Collateral Needed
This is a collateral-free personal loan. No need to pledge property or assets. It's perfect if you want unsecured financing.
3. Flexible Tenure
Choose repayment terms from 12 to 60 months. Longer tenure means lower EMIs. Adjust it to fit your budget.
4. Quick Online Application
Apply online in minutes. Upload documents, complete Video KYC, and get approval without stepping into a branch.
5. Waiver on Last EMI
Opt for a loan term of 3, 4, or 5 years, and get a last EMI waiver. This reduces your total repayment.
6. Discounted Processing Fee
Apply online and get up to 50% off on processing fees. Save up to ₹30,000, making your loan more affordable.
7. No Guarantor Needed
You don’t need a guarantor. It's a fully unsecured loan, based on your creditworthiness and income.
8. Track Loan Online
Check your loan status, EMIs, and payment history anytime via the Standard Chartered login portal. Manage your loan 24x7.
Use a personal loan EMI calculator to plan repayments. Always read the loan terms carefully before applying.
Benefits of Standard Chartered Bank Personal Loan
Thinking of applying for a personal loan? Here’s why a Standard Chartered personal loan is a smart and convenient choice.
1. Quick and Easy Process
The process is fast and simple. Apply online, complete Video KYC, and receive funds in your bank account. No long waits or complicated steps.
2. No Collateral or Guarantor
Get an unsecured personal loan. No guarantor or asset required. Ideal for individuals without property or financial backing.
3. Competitive Interest Rates
Enjoy attractive interest rates starting from 10.99% to 22% per annum. Your rate depends on your credit score, income, and loan tenure.
4. Flexible Repayment Options
Choose repayment terms from 12 to 60 months. Select what fits your budget. A longer tenure means lower EMIs, while a shorter one reduces total interest.
5. Minimal Documentation
Only basic documents are required like ID proof, address proof, and income details. The fully digital process helps you get faster approval.
Use a personal loan EMI calculator to plan your repayments easily.
How to Apply for a Standard Chartered Bank Personal Loan
Applying for a Standard Chartered personal loan is fast and easy. Follow these simple steps:
- Visit the official Standard Chartered Bank website. You can apply through Zetbanker Instant Personal Loan online application form.
- Select the Personal Loan option.
- Fill the online form with your details like name, contact, loan amount, and employment status.
- Upload essential documents: proof of identity, address, and income.
- Complete the Video KYC for quick identity verification.
- Wait for loan approval. Once approved, funds will be credited directly to your bank account.
Keep your documents ready to speed up the application process.
A personal loan from Standard Chartered Bank is an excellent option for anyone looking to fulfill their financial goals.
With competitive interest rates, quick online processing, and no collateral requirements, this loan can help you meet your immediate needs without much hassle.
Make sure to check the latest terms and conditions, and verify your eligibility before applying.
Don’t forget to use the Standard Chartered EMI calculator and track your loan status online, ensuring a smooth loan experience.
For more details, visit the official Standard Chartered website today!