Highlights
- Grab the lowest personal loan interest rates starting at SCB
- With attractive interest rates enjoy the pocket-friendly EMIs
Are you looking for the best lender that can offer you a personal loan at an attractive interest rate? If yes, you are at the right place! Standard Chartered Bank comes with the lowest personal loan interest rates that will reduce your loan burden. Want to know more? Read the page below.
Standard Chartered Bank Personal Loan Interest Rates 2024
Standard Chartered is a British multinational banking and financial services company, headquartered in London, England. With a wide network of more than 1,200 branches and outlets across more than 70 countries, this bank with its best of financial products such as Personal Loans has been catering the diverse needs of one and all. Currently, the bank offers the loan at an attractive interest rates ranging from 11.49% Onwards. Let’s just give you a better understanding of the interest rates below.
| Company Type | Loan of < 3 Lakh | Loan of 3-5 Lakh | Loan of 5-8 Lakh | Loan of 8-10 Lakh | Loan of More than 10 Lakh | Processing Fee |
|---|---|---|---|---|---|---|
| CAT A | 11.99% | 11.50% | 11.25% | 11% | 11% | 1% |
| CAT B | 11.99% | 11.50% | 11.25% | 11% | 11% | 1% |
| CAT C | 11.99% | 11.50% | 11.25% | 11% | 11% | 1% |
| CAT D | 11.99% | 11.50% | 11.25% | 11% | 11% | 1% |
| Unlisted Company with EPFO Deduction | 12.50% | 12% | 11.75% | 11.75% | 11.50% | 1% |
Preclosure Grid:
| Pre closure Grid | Charges |
|---|---|
| Upto 12 Months | NA |
| 13 to 24 Months | 5% |
| 25 to 36 Months | 4% |
| > 36 Months | 3% |
Standard Chartered Personal Loan Balance Transfer Rates
If your existing personal loan is at a higher interest rate, all you need to do is switch to Standard Chartered Personal Loan. Yes, transferring your existing personal loan to Standard Bank allows you to enjoy an interest rate as low as 10.99% per annum. Refer the below table for further details.
| Loan Amount | Interest Rate (in p.a.) | Processing Fee | Pre Closure Charges |
|---|---|---|---|
| <= 500000 | 11.99% | 2% of the loan amount + GST | 2% of the principal outstanding |
| 500000 – 1000000 | 11.99% | 2% of the loan amount + GST | 2% of the principal outstanding |
| 1000000-2000000 | 11.25% | 2% of the loan amount + GST | 2% of the principal outstanding |
| >2000000 | 10.99% | 2% of the loan amount + GST | 2% of the principal outstanding |
*Part Prepayment option available for salary above ₹50,000, subject to a maximum of 25% in one calendar year
*No pre-closure allowed till 12 MOB
Standard Chartered Personal Loan Contact Number
In case you have any concern, query or complaint, you can get in touch with the customer care executives of Standard Chartered Bank. All you need to do is just dial 9873678914 either from your mobile or landline. These experts use their years of expertise to solve all your problems by giving you the best solutions. No matter what problem you have, these executives are always there to give you proper help and assistance.
Standard Chartered Personal Loan Payment
If you want to make the payment of your personal loan availed from Standard Chartered, there are various online and offline modes to do the same. You can either visit the bank branch to make the payment via cash or cheque. However, the online mode of payment surpasses other options in terms of speed and convenience. Yes, an individual can either do the payment online via NetBanking, which is fast and convenient OR ECS is another option that will automatically debit the required amount from an individual’s account.
Standard Chartered Personal Loan EMI Calculator
Want to know whether your monthly installments are going to be pocket-friendly or not? Well, all you need to do is just use a personal loan EMI calculator that gives you the exact and accurate calculations of not only your EMIs but Interest Outgo as well. This magical device after taking into account-Loan Amount, Tenure and Interest Rate fetches the values for you in just a few seconds, thus helps you in taking a calculative and smart decision.
Standard Chartered Bank Personal Loan Status
If you want to know the real-time status of your personal loan in Standard Chartered Bank, login to your account with all the required credentials to know same. This online facility allows you to know the status in no time so that you can further take the step smartly. Whether its approved, pending or rejected, no matter what is the case, you can anytime check the status of your personal loan online.