Standard Chartered offers Quick personal loans with attractive interest rates and flexible terms, especially for salaried individuals and self-employed professionals.
Whether you need to consolidate debt, finance a big purchase, or cover unexpected expenses, Standard Chartered provides a great financial solution with competitive rates and easy application processes.
Interest Rate and Fees Structure
When applying for a personal loan from Standard Chartered, understanding the interest rates and fee structure is essential. Below is the detailed breakdown of the Interest Rates and Fees Structure:
| Particulars |
Details |
| Salaried / Self-employed |
Both eligible |
| Interest Rate |
10.25% p.a. onwards |
| Processing Fee |
2.25% of loan amount |
| Loan Tenure |
1 to 5 years |
| Loan Amount |
Rs. 1 lakh to Rs. 50 lakh |
| Credit Score |
750 and above |
| Lowest EMI per Lakh |
Rs. 2,199 |
| Pre-Payment Charges |
Up to 5% of the principal amount |
Key Benefits of Standard Chartered Personal Loan:
- Competitive Interest Rates: Starting at 10.25% per annum, Standard Chartered offers some of the lowest rates available, making it an attractive choice for borrowers looking to minimize their loan cost.
- Flexible Loan Amounts: Borrow between Rs. 1 lakh to Rs. 50 lakh, depending on your financial needs.
- Flexible Loan Tenure: Choose a loan tenure between 1 to 5 years, allowing you to tailor your repayment schedule according to your financial situation.
- Quick and Easy Application: With the option to apply online and complete Video KYC, you can quickly receive loan approval and disbursement, all from the comfort of your home.
- Attractive EMI Plans: The lowest EMI per lakh is Rs. 2,199, ensuring that you can manage your monthly payments comfortably.
- Pre-Payment Flexibility: If you wish to repay the loan before the end of the term, you can do so with pre-payment charges of up to 5% of the principal amount.
- Eligibility: Personal loans are available for both salaried individuals and self-employed professionals. For a higher chance of approval, applicants should have a credit score of 750 and above.
A personal loan from Standard Chartered provides a convenient and affordable way to manage your financial needs. With competitive interest rates starting at 10.25% per annum, flexible loan amounts and tenures, and a simple application process, it’s a great option for both salaried and self-employed individuals. Plus, with the added benefit of low EMIs and transparent fees, you can easily plan your repayments without added stress.
To apply for a Standard Chartered Personal Loan, check your eligibility today and get started with the application process for fast and easy loan approval.