Standard Chartered Personal Loan Chennai - IFSC, Rates February 2024, Eligibility, EMI

Standard Chartered Personal Loan in Chennai

About Standard Chartered Bank Personal Loan Chennai

Get affordable personal loans from Standard Chartered Bank Chennai which not only accommodate your various dreams but also suit your pocket. The loans are offered at an attractive interest rate with a repayment tenure upto 5 years. Now, Chennai customers and also the other regions can suitably plan their monthly installments during such tenure.

Standard Chartered Bank Personal Loan Chennai at a glance

Interest Rate11.49% Onwards
Loan AmountStarting from ₹ 1,00,000 to ₹ 30,00,000 depending on your eligibility, income and repayment capacity.

TenureUpto 5 years
Processing Fee₹999 - Upto ₹1,500
Pre-payment ChargesNIL - Upto 5% of the principal outstanding + GST

Eligibility Criteria

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

  • You need to be either a salaried employee or a self-employed individual to apply for Standard Chartered Personal Loan.
  • No security, collateral or guarantors are required for obtaining a personal loan.
  • Individuals availing personal loan should be 21 years of age and not more than 60 (salaried) and 65 (self-employed) years of age at the time of loan maturity.
  • Minimum income of an applicant should be ₹ 50,000.

Documents Required

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

  • Identity Proof- Passport, photo pan card, driving license, votes id card, photo ration card
  • Address Proof- Passport, telephone bill, ration card, electricity bill, driving license, life/medical insurance policy, rental agreement, apartment allotment letter
  • Income Proof- Latest Salary Slip/ ITR/Form-16
  • Other Income Proof for Salaried Individual: Letter of Authority from Employee authorizing the employer to deduct monthly installment out of salary for remitting to bank and Letter of Undertaking from the employer for check off facility OR Letter of Authority from employee/ applicant authorizing the Bank to deduct the loan instalment out of the salary routed through branch.
  • Other Income Proof for self-employed professionals : IT returns for the last two financial years. Proof of professional qualification (Copy of highest professional degree held). Proof of office/commercial address.
  • Bank Statement- Last 3-6 Month Bank Statement

    To know more details, visit Personal Loan Chennai

    Address of Standard Chartered Bank Branches in Chennai

    Branch NameComplete AddressIFSCMICRContact Number
    Anna Salai Branch187, Anna Salai, Chennai 600 001.
    AdyarNo. 6, Lattice Bridge Road, Adyar, Chennai - 600 020SCBL0036080600036006044-42027272
    Haddows RoadGrindlays Gardens, 1-haddows Road, Chennai - 600 006SCBL0036079 600036007044-282 19666
    Rajaji SalaiGrindlays Centre, 19, Rajaji Salai, Chennai - 600 001SCBL0036078 600036002044-25349200
    RRT MylaporeMylapore-raja Rajeshwari Towers29 30, Dr.radhakrishnan Salai, Chennai - 600 004SCBL0036072600036003044-42107373
    T NagarSagas Amar Court, 59,g.n. Chetty Road, T.nagar, Chennai - 600 017SCBL0036083 600036008044-28158707

  • Personal Loan Interest Rates February 2024
    HDFC Bank10.75% - 14.50%
    ICICI Bank10.75% - 19.00%
    IndusInd Bank10.25% - 26.00%
    Kotak Bank10.99%
    RBL14.00% - 23.00%
    SMFG India Credit12.00% - 24.00%
    Standard Chartered Bank11.49%
    Tata Capital10.50% - 24.00%