About Standard Chartered Bank Personal Loan Kochi
Are you in need of personal loans which suits your family needs? Consider Standard Chartered Bank Personal Loan Kochi which has been designed to fulfill your multipurpose. Be it for the wedding in a family, travelling abroad, funding for higher education or simply a vacation. The loans cover everything and are offered as per the eligibility criteria of the applicants opting for the loan.
Standard Chartered Bank Personal Loan Kochi at a glance
| Particulars | Details |
|---|---|
| Interest Rate | 10.75% - 13.00% |
| Loan Amount | Starting from ₹ 1,00,000 to ₹ 30,00,000 depending on your eligibility, income and repayment capacity. |
| Tenure | Upto 5 years |
| Processing Fee | ₹999 - Upto ₹1,500 |
| Pre-payment Charges | NIL - 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 Kochi
Address of Standard Chartered Bank Branches in Kochi
Branch Name Complete Address IFSC MICR Contact Number Ernakulam HDFC House, M G Road, Ravipuram Junction, Ernakulam, Cochin 682015 . SCBL0036076 682036002 0484-2359086 Cochin Cochin - XXIV/1633, K.P.K. Menon Road, Willingdon Island, Cochin - 682003 SCBL0036082 682036003 0422-2550589