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

Standard Chartered Personal Loan in Mumbai

About Standard Chartered Bank Personal Loan Mumbai

A personal loan can come handy at the time of fulfilling the several personal needs of individuals whether it is for a vacation, renovating your home or planning a dream wedding. Get your personal loans starting from ₹  1 lakh to ₹ 3 lakhs which gets directly credited to your account within hours.

Standard Chartered Bank Personal Loan Mumbai 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 Mumbai

    Address of Standard Chartered Bank Branches in Mumbai

    Branch NameComplete AddressIFSCMICRContact Number
    MG Road Branch (90RD) – Clearing Code 222 90, M. G. Road, Mumbai - 400001SCBL003600140003601022683301
    23 - 25, Mg RoadMumbai Main - 23/25, Mahatma Gandhi Road , Fort, Mumbai - 400001 . SCBL003604640003600522792122
    ChowpattyChowpatty Branch - Shree Pant Bhuban, Sandhurst Bridge, Chowpatty, Mumbai - 400001 .SCBL003604740003600423642168
    Santacruz Centre Point Centre Point Branch, Junc. Of S.V.Road And Juhu Road, Santacruz(West), Mumbai - 400054SCBL003604840003600326493966
    GhatkoparGhatkopar Branch - 170, Ashokderasar Lane, Ghatkopar(East), Tps Iii, Mumbai - 400077 . SCBL003604940003600625125542
    GoregaonStandard Chartered Towers, Western Express Highway, Goregaon (EAST), Mumbai - 400063 .SCBL003605240003600867373171
    Lokhandwala BranchLokhandwala Branch, - 21 - 23, Samartha Vaibhav, Shree Swami Samarth Nagar, Off New Link Road, Lokhandwala, Andheri (W), Mumbai - 400053SCBL003605340003600926327732
    DadarShivaji Mandir, N C Kelkar Road, Dadar, Mumbai - 400028 .
    Santacruz (LINKING Rd.)65/F, Vithalbhai Patel Road, Santacruz (WEST), Mumbai - 400054 SCBL003605640003601426487510
    BandraUnique Centre, Waterfield Road, Bandra (W), Mumbai - 400050SCBL003605740003601626443908
    VilleparleB21, Sanghvi Paritosh, V. L. Mehta Road, J V P D Schemevile Parle (WEST), Mumbai - 400049 SCBL003605840003601726134705
    Breach Candy87, Bhulabhai Desai Road, Cumballa Hill, Mumbai - 400036 SCBL003605940003601123696265
    Chembur Ground Floor Of Garden Apartment, Diamond Garden Chs Ltd, A.Sores Road, Chembur, Mumbai - 400071SCBL003606640003601825207392
    SG Marg21/29, Shamaldas Gandhi Marg, Mumbai 400002
    BorivaliAditya Apartment, Cts No. 639, Chandavarkar Road, Borivali (WEST), Mumbai - 400092SCBL003606740003601928663900

  • 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%