Standard Chartered Personal Loan Kochi - IFSC, Rates March 2024, Eligibility, EMI

Standard Chartered Personal Loan in Kochi

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

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 Kochi

    Address of Standard Chartered Bank Branches in Kochi

    Branch NameComplete AddressIFSCMICRContact Number
    ErnakulamHDFC House, M G Road, Ravipuram Junction, Ernakulam, Cochin 682015 . SCBL00360766820360020484-2359086
    CochinCochin - XXIV/1633, K.P.K. Menon Road, Willingdon Island, Cochin - 682003SCBL00360826820360030422-2550589

  • Personal Loan Interest Rates March 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%