Standard Chartered Bank provides personal loans @12% p.a. onwards for loan amounts up to INR 50 lakhs and for a period of up to 5 years. An online personal loan can be availed by uploading the documents online. One can avail of part payment of the outstanding loan amount of up to 25% in a year. Calculating personal loan EMI has now become easier with the Standard Chartered Bank Personal Loan EMI Calculator. Whether it is a 5 Lakh Personal Loan or a 10 lakh personal loan EMI, the EMI Calculator can be used to know the personal loan interest rates and the EMI amount. EMI Calculator is an easy-to-operate tool that helps plan the EMI of a personal loan. It requires some basic details of the personal loan that is to be availed. Hence, the outcome completely depends on the information provided by the applicant. This is the reason any Bank does not take any guarantee for the accuracy, completeness, or correctness of any details provided.
Eligibility Criteria
Mentioned below are the eligibility parameters to apply for Standard Chartered Personal Loan:
- In the case of Salaried Applicants:
- The minimum age of an applicant should be 21 years.
- The maximum age of an applicant should be 65 years.
- In case the applicant is more than 58 years old, the retirement proof should also be presented.
- An applicant should have a minimum of 2 years of experience.
- In the case of Self-employed Applicants:
- The minimum age of an applicant should be 26 years.
- The maximum age of an applicant should be 65 years.
Documents Required
Mentioned below is the list of documents required to apply for Standard Chartered Personal Loan:
- Identity Proof:
- Driving License
- Passport
- NREGA-issued job card duly signed by the State Government Officer
- Aadhaar Card
- The letter from the National Population Register has details like name, address
- Photo Election Card
- Address Proof
- Driving License
- Passport
- Aadhaar Card
- NREGA-issued job card issued duly signed by the State Government Officer
- Photo Election card
- The letter from the National Population Register has details like name, address
Benefits of Standard Chartered Bank Personal Loan
Mentioned below are the benefits of one of the Best Banks Personal Loan:
- To fulfil any financial need, i.e., in emergency-like situations, one can avail of a personal loan instantly online.
- They require minimal documentation and are completely paperless.
- SC Loans can be availed at smooth rates of interest.
- It also offers discounts on processing fees for loan applications.
- It provides flexible repayment tenure with the facility to repay at any time between 12 and 60 months.
- It comes with an option of part payment, i.e. available up to a maximum of 25% of the outstanding amount once 12 EMIs have been paid.
How do you apply for a Standard Chartered Personal Loan?
Mentioned below are the steps to apply for a Standard Chartered Personal Loan:
Step 1: Open the official website of Standard Chartered Bank.
Step 2: Click on Loans, and then on “Personal Loans”.
Step 3: Provide your basic details like name, city, employment details, income, etc.
Step 4: To authenticate the mobile number you provided, a verification message will be sent to the registered mobile number.
Step 5: The maximum loan amount as per your income offered by the bank will then be displayed on the screen.
Step 6: Confirm the loan amount and tenure for repayment.
Step 7: Check for the interest rate, processing fees, Emi schedule, etc.
Step 8: View “Repayment Schedule” and then click “Apply”.
Step 9: Fill out some personal details like name, address, and type of residence.
Step 10: Choose the reason for the loan application.
Step 11: Now, provide the name and address of the office.
Step 12: Fill out the details, such as type of work and income, as per your ITR.
Step 13: Choose the type of document for the purpose of income proof.
Step 14: Provide your PAN Number and provide some details of other proofs of identity.
Step 15: Click on “Submit My Application”.
Step 16: Save the “Application Reference Number”.
Step 17: The bank representative will then come to pick up your documents at the time slot you select.
Step 18: Once the physical form is signed and verification of all documents is completed, the loan amount will then be disbursed to your savings account.
Types of Standard Chartered Bank Personal Loans:
- Standard Chartered Bank Personal Loan for Education – Applicants can fulfil their education goals by opting for a Standard Chartered Personal loan.
- Standard Chartered Bank Personal Loan for Wedding – Applicants can fulfil their wedding expenses by opting for a Standard Chartered personal loan. They can enjoy a stress-free wedding with flexible tenures, attractive rates of interest, part payment options, etc.
- Standard Chartered Bank Personal Loan for Medical Expenses – Applicants can avail of medical loans to fulfil their medical needs like medical expenses, hospital bills, surgeries, etc.
- Standard Chartered Bank Personal Loan for Home Renovation – Applicants can avail of a loan for home renovation, extending their property through Standard Chartered Bank.
- Standard Chartered Bank Personal Loan Balance Transfer – Personal loan borrowers and NBFCs can avail of Standard Chartered Bank Personal loan for Bank transfer that will allow them to transfer their loan amount to Standard Chartered Bank at lower interest rates.
- Standard Chartered Bank Personal Loan for Travel Expenses – Applicants can avail of travel loans either for a business or leisure trip.
- Standard Chartered Bank Personal Loan Against Securities – It helps manage all your debts with a single loan with a high overdraft limit and low rate of interest.
- Standard Chartered Bank Personal Loan Against Term Deposits – It helps manage funds in a hassle-free manner, along with access to instant credit.
Standard Chartered Personal Banking Customer Care Numbers
| Ahmedabad, Bangalore, Chennai, Delhi, Hyderabad, Kolkata, Mumbai, Pune, Allahabad, Amritsar, Bhopal, Bhubaneswar, Chandigarh, Cochin / Ernakulam, Coimbatore, Indore, Jaipur, Jalandhar, Kanpur, Lucknow, Ludhiana, Nagpur, Patna, Rajkot, Surat, Vadodara, Gurgaon, Noida | 011 – 39404444 / 011 – 66014444 |
| Jalgaon, Guwahati, Cuttack, Mysore, Thiruvananthapuram, Vishakhapatnam, Mathura, Proddatur, Dehradun, Saharanpur | 1800-345-1000 (For domestic calls within India only) |
| Siliguri | 1800-345-5000 (For domestic calls within India only) |