Apply Personal Loan 20193729 views
- Standard Chartered Personal Loan comes with an attractive interest rate of 11.50%
- The lower the rates, the easier it is for you to repay the loan
Want to apply for a personal loan that comes with a pocket-friendly EMI of ₹ 2,224? Well, with an attractive interest rate of 12% per annum you can enjoy all this and much more. Yes, Standard Chartered Personal Loan is here to meet your personal needs in the best way. Grab more info about this product, on the page below.
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Table of Contents
- 1 Standard Chartered Bank Personal Loan Interest Rates
- 2 Standard Chartered Personal Loan EMI Calculator
- 2.1 Eligibility Criteria for Standard Chartered Bank Personal Loan
- 2.2 Documentation Checklist
- 2.3 Standard Chartered Bank Personal Loan Customer Care
- 2.4 Standard Chartered Personal Loan Preclosure Charges
- 2.5 Standard Chartered Bank Personal Loan Status
- 2.6 Standard Chartered Personal Loan Login
- 2.7 Standard Chartered Personal Loan Statement
- 2.8 Features and Benefits
- 3 About Standard Chartered Bank Personal Loan
Standard Chartered Bank Personal Loan Interest Rates
|Interest Rates||11.50% - 18.00%|
|Loan Amount||₹1Lakh-₹30 Lakh|
|Repayment||12 months-60 months|
|Processing Fees||1% of the loan amount|
|Pre-Closure Fee||Up to 5% of the principal outstanding+GST|
PL Rates in Detail:
|Category||Ticket Size||Interest Rate (in p.a.)||Processing Fee (of the loan amount)||Pre-closure (of the principal outstanding +GST)|
|Listed A – D||<2 Lac||18%||1%||1%-5%|
|2,00,000 to 2,99,999||15%||1%||1%-5%|
|3,00,000 to 4,99,999||13.5%||1%||1%-5%|
|5,00,000 to 9,99,999||12.5%||1%||1%-5%|
|1,000,000 - 1,499,999||12.00%||1%||1%-5%|
|1,500,000 - 1,999,999||11.75%||1%||1%-5%|
|Unlisted||2,000,000 or Greater||11.5%||1%||1%-5%|
|2,00,000 to 2,99,999||16%||1%||1%-5%|
|3,00,000 to 4,99,999||15%||1%||1%-5%|
|5,00,000 to 9,99,999||14%||1%||1%-5%|
|1,000,000 - 1,499,999||13%||1%||1%-5%|
|1,500,000 - 1,999,999||12.75%||1%||1%-5%|
|2,000,000 or Greater||12.5%||1%||1%-5%|
|Pre closure Grid||Charges|
|Upto 12 Months||5%|
|13 to 24 Months||4%|
|25 to 36 Months||2%|
|> 36 Months||1%|
Standard Chartered Personal Loan EMI Calculator
When a person is looking for a personal loan, he will be concerned about the interest rates and the EMI that he will have to pay to the bank. Here at Standard Chartered Bank, personal loans are offered at attractive interest rates with flexible tenure that makes the payment convenient for the customer.
A loan EMI calculator is the tool that tells you the monthly installments that you have to pay to the corresponding lender against the loan. For Personal Loans, the EMI calculator takes into account the loan amount, tenure, and interest rates and then tells you the installments that you will have to pay.
Here is an example for you to get an idea of the EMI, Total Interest Outgo, and Total Amount for the below details:
- Loan Amount- ₹2,00,000
- Tenure- 5 Years
- Rate of interest- 12% p.a.
Table Showing EMI, Interest Outgo, and Total Repayment Amount EMI, Total Interest Outgo, Total Repayment (Interest + Principal)
Loan Amount Interest Rate Tenure Monthly Instalment Total Interest Amount Total Amount ₹ 2,00,000 12% 1 ₹ 17,770 ₹ 13,237 ₹ 2,13,237 ₹ 2,00,000 12% 2 ₹ 9415 ₹ 25,953 ₹ 2,25,953 ₹ 2,00,000 12% 3 ₹ 6643 ₹ 39,143 ₹ 2,39,143 ₹ 2,00,000 12% 4 ₹ 5267 ₹ 52,805 ₹ 2,52,805 ₹ 2,00,000 12% 5 ₹ 4449 ₹ 66,933 ₹ 2,66,933 Year Principal Interest Balance Amount 1 ₹ 31,058 ₹ 22,329 ₹ 1,68,941 2 ₹ 34,996 ₹ 18,390 ₹ 1,33,944 3 ₹ 39,435 ₹ 13,951 ₹ 94,509 4 ₹ 44,436 ₹ 8950 ₹ 50,072 5 ₹ 50,116 ₹ 3314 ₹ 0
Table Showing EMI, Interest Outgo, and Total Repayment Amount
EMI, Total Interest Outgo, Total Repayment (Interest + Principal)
Eligibility Criteria for Standard Chartered Bank Personal Loan
To avail the personal loan in Standard Chartered Bank, you need to fit into the below eligibility criteria.
- The minimum age of the applicant should be 25 years
- The maximum age of a salaried and self-employed applicant should be 60 (salaried) and 65 (self-employed) years respectively.
- The minimum monthly income of the applicant should be ₹25,000 (in case of existing customers) OR ₹50,000 (in case of new customers)
Want to know what all documents you need in order to avail this unsecured loan? If yes, just go through the table below.
|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|
Standard Chartered Bank Personal Loan Customer Care
If you have any concern, query, complaint or feedback, all you need to do is simply get in touch with the customer care executives at 9873678914. These experts with their experience and friendly nature ensure to solve all your issues in the best ways. You can anytime get in touch with them and resolve all your matters in the best way. They are always there to listen to all your problems and are here to give you the best solutions. With their friendly nature, these customer care executives are always there to support and guide you so that you can enjoy the best loan journey without any hassle.
Standard Chartered Personal Loan Preclosure Charges
If an applicant wants to pre-close his loan before the set period, Standard Chartered Bank with its preclosure facility allows an applicant to do the same. Yes, the moment you have enough surplus in hand, you can pre-close your loan before the set tenure hence can do a lot of saving. After paying the 6 or 9 EMIs, you can ask a bank to pre-close your loan. However, banks usually charge a preclosure fee for the same and if you want to pre-close your personal loan in Standard Chartered, you need to pay a fee of 5% of the principal outstanding+GST. The same fee has been charged on the outstanding loan amount along with the applicable taxes.
Standard Chartered Bank Personal Loan Status
Knowing the real-time status of your personal loan is easy and quick as all you need to do is just log in to your account. With your credentials such as login ID and password, you can anytime login to your account and know the actual status of your personal loan without any hassle. This online facility is available for one and all and allows you to know your personal loan status anytime, anywhere. Yes, it is that quick and easy, isn’t it great!
Standard Chartered Personal Loan Login
You can easily login to your account and know all the details in just a few minutes. All you need to have is your login credentials. With the help of your login ID and password and you can anytime login to your account and can easily get to know all the insights. Thus, it would not be wrong to say that this online facility comes with a lot of ease and allows you to know your account details on the go.
Standard Chartered Personal Loan Statement
With Standard Chartered Bank, you can anytime get the statement of your bank account. Yes, talking about the statement, it includes, key details right at one place. The statement includes all the details such as account number, loan details, personal credentials, etc. The best thing about this statement is that you can anytime access the same and keep an eye on your personal loan account on the go. The bank sends the statement on a monthly basis on your mail ID, which means you can access the same via your mail without any hassle.
Features and Benefits
- Low interest rates
- Simple documentation
- Quick processing & Disbursal
- Affordable Financing
- No requirement of a collateral/guarantor
- Easy monthly repayment options
- High loan amounts
About Standard Chartered Bank Personal Loan
Standard Chartered is a British multinational banking and financial services company, holding a network of around 1,200 branches and outlets across more than 70 countries. Moreover, with a revenue of around 14.61 billion, it would not be wrong to say that this bank is undoubtedly considered as one of the most trustable banks today. Over the years, the bank has created its own niche because of its unmatched services.
Yes, with its best of services such as offering best of personal loans to the people, the bank has become quite popular. When it comes to personal loan, this bank fulfills personal financial needs of all. Ranging from home renovation, sudden travel or your friend’s marriage, this bank meets the personal financial needs of individuals by providing them funds for unlimited personal needs along with plenty of benefits and features.