Standard Chartered Bank Home Loan in Indore

About Standard Chartered Bank Home Loan Indore

Standard Chartered Bank is believed to one of the leading contributors of home loans through its best customer service. There are several satisfied customers of Home Loan around Indore and outside regions which prefers Standard Chartered Bank home loans for their varied purposes. Whether it is related to construction or purchase of a new home, buying a resale home or availing balance transfer or for repair purposes,redecorating or improvement of an existing home and much more. The loans are sanctioned on the basis of CIBIL(750 score) which can be secured by every customer.

Standard Chartered Bank Home Loan Indore at a glance

ParticularsDetails
Interest Rate8.51% - 8.60%
Loan AmountStarting from ₹ 10 lakhs upto ₹ 15 crores
Tenure5 to 25 years
Processing Fee0.5% to 1.50% of the sanctioned loan amount depending on the scheme you choose.
Pre-payment ChargesNil

Eligibility Criteria

Individuals applying for Standard Chartered Bank Home Loan need to fulfill the following criteria:

(i) Salaried and Self-employed Individuals are eligible to apply
(ii) Co-applicants can also be included while at the time of applying home loans.
(iii) The age of the applicant should not be lower than 21 years at application, and over 60 years at loan maturity.
(iv) Both the salaried employees and self-employed professionals need to have a working experience in any company/business for a minimum period of 2 years.

Documents Required

Individuals are required to submit the following documents in order to avail Standard Chartered Bank Home Loan:

  • Identity Proof-PAN Card/Passport/Voter ID/Driving License/Aadhaar Card
  • Address Proof-Utility Bill/Passport/Aadhaar Card/Voter ID
  • Income Proof-Latest Salary Slips & Form 16 for Salaried Employees; Profit & Loss A/C Statement & Audited Balance Sheet for the Last 3 Years for self-employed professionals
    Bank Account Statement for the Last 6 Months
  • Education qualifications certificate & proof of business existence (for self-employed)
  • Business profile (for self-employed)
  • Processing fee cheque
  • Track record of existing loans, if any
  • Details of property you look to buy & construct.

To know more details, visit Home Loan Indore

Address of Standard Chartered Bank Branches in Indore

Branch NameComplete AddressIFSCMICRContact Number
IndoreD.M.Towers, 21/1 Race Course Road, Indore - 452001 .SCBL00360694520360020731-5206900

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