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    Standard Chartered Personal Loan Interest Rates

    Be it wedding or higher education, your dreams can come true with Standard Chartered personal loans which are offered at low interest rates. Find out the Standard Chartered personal loan interest rates for salaried and self-employed customers.
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    We found 0 Standard Chartered Personal Loan Interest Rates
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    Standard Chartered Personal Loan Interest Rates is Rated as "Great!" by 3425 Users

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    Personal Loan BYTES FROM OUR KITCHEN
    Standard Chartered Bank Personal Loan Interest Rates 2019
    Particulars Salaried Self-Employed
    Interest rate 11.97% to 22.50% p.a. 11.97% to 22.50% p.a.
    Loan Amount Max loan up to Rs 30 lakhs Max loan up to Rs 10 lakh
    Loan Tenure Min.: 12 months; Max.: 60 months Min.: 12 months; Max.: 60 months
    Lowest EMI Rs 1,102 (calculated at lowest loan amount taken for the maximum loan tenure) Rs 1,102 (calculated at lowest loan amount taken for the maximum loan tenure)
    Processing Fee Up to 2.5% per annum of sanctioned loan amount + Applicable GST Up to 2.5% per annum of sanctioned loan amount + Applicable GST
    Age Applicants must not be below 21 years of age and not above 58 years of age at the time of applying for the loan. Applicants must not be below 21 years of age and not above 58 years of age at the time of applying for the loan.
    Prepayment Charges Up to 5% per annum of principal outstanding loan amount + applicable GST Up to 5% per annum of principal outstanding loan amount + applicable GST
    Foreclosure Charges NA NA

    How to calculate your Standard Chartered Bank Personal Loan EMI?

    Thanks to BankBazaar calculating your EMIs will not be as difficult as they used to be. You can now check your EMIs and plan your repayment accordingly. Login to the website and enter the details of your loan like amount, interest rate, tenure of the loan, processing fees (if any), etc. The BankBazaar website will calculate the EMI and display a result that is simple and easy to understand.

    Let’s take an example:

    Ms. Michelle takes a personal loan for the amount of Rs. 1, 00, 000 from Standard Chartered Bank, with an interest rate of 13.00%. The tenure of her loan is 4 years resulting in a monthly EMI of Rs.2,683. In the table below you can see the payments on a yearly basis which Ms. Michelle pays back to Standard Chartered Bank.

    Loan amortization table:

    Year Principal paid (Rs.) Interest paid (Rs.) Balance amount (Rs.)
    Year 1 20,379 11,814 79,621
    Year 2 23,192 9,001 56,429
    Year 3 26,393 5,800 30,036
    Year 4 30,036 2,157 0

    Factors that affect your Standard Chartered Bank Personal Loan rates

    There are many factors that affect your Standard Chartered Bank Personal Loan rates, some of which are mentioned below:

    • Employment details: The details of your employment, like if you’re a full time or part time employee of an organization, or if you’re a pensioner and are not currently working in any organization but drawing a pension could have a bearing on interest rates. The interest rates will vary for each borrower depending on the employment or profession.
    • Relationship with the bank: It is possible for Standard Chartered Bank to offer borrowers a lower interest rate based on its relationship with them, based on their relationship with them. This consideration may be due to past actions like their loan repayments. Banks may also offer values customers a lower rate of interest.
    • Age: Owing to the way younger applicants live their lives and follow the lifestyles the way they do, banks generally charge a potential borrower a higher rate of interest.
    • Period of loan: Loan tenure with the bank also influences the rate of interest they offer. If loan tenure is for a shorter duration, the rate of interest is generally higher in comparison to a loan taken for more number of years.

    Please note: Banks offer a varying interest rate at their sole discretion and are subject to change.

    How your CIBIL score can affect your Standard Chartered Bank Personal Loan rate?

    Your CIBIL score is very important and should never be neglected, as CIBIL report shows your credit history or repayment capabilities and of course your credit score. Standard Chartered Bank may offer you a lower rate of interest depending on your score in comparison to other borrowers with a lower score. Any scores of 750 and above are considered very good scores, and it is possible to improve your score by paying your bills on time.

    Key things you should know about Standard Chartered Bank Personal Loan interest rates

    • The personal loan interest rate charged by Standard Chartered Bank is subject to the repo rate of the Reserve Bank of India, and may come down further, but not immediately.
    • Standard Chartered Bank personal loans do not require any security, guarantor, or collateral of any kind. Providing the bank with any kind of security will not affect the rate of interest offered to you.
    • It is possible for two borrowers to have different interest rates for the same amount, thanks to different CIBIL scores.

    Standard Chartered Personal Loan Interest Rates Reviews

    • Standard Chartered Bank Personal Loan
      "Average service"
      0.5 3.5/5 "Pretty good"
      I had previously holding Standard chartered bank credit card previously,now i have done balance transfer to other bank,the loan amount they have given me was sufficient,and the rate of interest they have charged me was nominal,but their service was not up to the bank.
      Was this review helpful? 1
      , bangalore
      Reviewed on Mar 17, 2019
    • Standard Chartered Bank Personal Loan
      "Average services"
      0.5 3.0/5 "Satisfactory"
      My personal loan was taken with STANDARD CHARTED BANK . The customer support was also very good. It has been a hassle free personal loan experience with the this Bank. The tenure period is 5 year . They offered rate of interest at a nominal rate. The loan was sanctioned and disbursed with in few days.
      Was this review helpful? 1
      , pune
      Reviewed on Mar 13, 2019
    • Standard Chartered Bank Personal Loan
      "Best service"
      0.5 5.0/5 "Blown Away!"
      I took a personal loan from the STANDARD CHARTED bank. It was good, application process was smooth an hassle free.1 I got the loan amount with in a week. Their customer support reposes are also very good. I use to pay my EMI on monthly basis . Loan amount is satisfactory .
      Was this review helpful? 0
      , bangalore
      Reviewed on Mar 13, 2019
    • Standard Chartered Bank Personal Loan
      "Very Good Service"
      0.5 4.0/5 "Great!"
      I had taken this loan a pretty while back and the experience was quite good. The process did not took much time and the loan amount which they had provided was sufficient as well. The processing fee and charges has been nominal and their customer support team was also quite helpful as well.
      Was this review helpful? 0
      , bangalore
      Reviewed on Mar 08, 2019
    • Standard Chartered Bank Personal Loan
      "Good Experience"
      0.5 4.5/5 "Excellent!"
      I just provided my documents to the Standard Chartered executive they themselves done the personal loan process and so fast on the disbursement part. The interest rate is lesser around 10.99% based on my corporate company, I got zero processing fee from Indusind bank.
      Was this review helpful? 0
      , mumbai
      Reviewed on Mar 08, 2019
    • Standard Chartered Bank Personal Loan
      "Good service"
      0.5 4.0/5 "Great!"
      I had been holding my personal loan with Standard chartered bank previously, now i have closed this loan,the loan amount which they have given me was good, and the rate of interest they have charged me was nominal,and even the processing fee which they have charged me was nominal,now i have closed this loan successfully.
      Was this review helpful? 0
      , bangalore
      Reviewed on Feb 28, 2019
    • Standard Chartered Bank Personal Loan
      "Good customer experience"
      0.5 5.0/5 "Blown Away!"
      I just give the phone call to the Standard Chartered to avail personal loan based on the credit card. I took 3 to 4 loans then I repaid it, the customer executive explained everything before taking the products, the interest is far than others. Process was instant without any documentation.
      Was this review helpful? 0
      , bangalore
      Reviewed on Feb 26, 2019
    • Standard Chartered Bank Personal Loan
      "Easy top up facility "
      0.5 5.0/5 "Blown Away!"
      I took one top up loan with Standard Chartered, Last time I took the amount of Rs. 4 lakhs for the tenure period 5 years, the interest rate is around 18% for per annum. The process was smooth without any inconvenient I got the amount after the verification.
      Was this review helpful? 2
      , bangalore
      Reviewed on Feb 21, 2019
    • Standard Chartered Bank Personal Loan
      "Good service"
      0.5 5.0/5 "Blown Away!"
      My personal loan was taken with STANDARD CHARTERED BANK , the tenure period is 4year and i use to pay EMI on time . They charge nominal processing fee . It was good, application process was smooth an hassle free. I got the loan amount with in a week. Service is up to the mark .
      Was this review helpful? 1
      , chennai
      Reviewed on Feb 17, 2019
    • Standard Chartered Bank Personal Loan
      "Looking for less interest rate"
      0.5 4.0/5 "Great!"
      I took a personal loan from SCB and it was a good experience, loan amount was sufficient with tenure period of 5 years. Customer service was good and they collected documents on time. Rate of interest was high so i did balance transfer to other bank.
      Was this review helpful? 0
      , bangalore
      Reviewed on Feb 16, 2019
    • Standard Chartered Bank Personal Loan
      "Need to improve the service"
      0.5 1.0/5 "Really Bad"
      I took a personal loan in Standard Chartered Bank in the year of 2004 or 2005. The interest rate was nominal. The customer service is not upto the mark. Actually my company has to pay this loan, I have utilized the OD facilities but due to some issues. Unfortunately have paid the loan recently in 2018.
      Was this review helpful? 0
      , hyderabad
      Reviewed on Feb 12, 2019
    • Standard Chartered Bank Personal Loan
      "Excellent Service"
      0.5 5.0/5 "Blown Away!"
      It was an excellent experience i had with this loan where the process in getting this loan had went seamless. The loan amount which they had provided was sufficient and the interest rate with them has been quite nominal as well. The processing fee with this loan was nominal as well.
      Was this review helpful? 0
      , bangalore
      Reviewed on Feb 12, 2019
    • Standard Chartered Bank Personal Loan
      "Excellent service"
      0.5 5.0/5 "Blown Away!"
      I had been holding my personal account with Standard chartered bank, i have been taking this loan in year of 2016, now i have closed the loan ,and the rate of interest they have charged me was nominal , that point of time they have charged me nominal rate of interest according to the market value, their service was good, they had been charging processing fee or not i have no idea. The loan amount they have given me was sufficient.their was zero pre-closure. but one thing is bit issue i felt, even i want to suggest that if i want to close the loan then they should provide in net banking it self.like to close the loan i need to visit the Branch for that.
      Was this review helpful? 0
      , pune
      Reviewed on Feb 11, 2019
    • Standard Chartered Bank Personal Loan
      "Good Card"
      0.5 5.0/5 "Blown Away!"
      I was looking for a personal loan and i applied with Standard charted as i carry a salary account with Standard charted. There was not much documentation and my application was processed on time. The interest rates were reasonable.I am happy with the overall services and
      Was this review helpful? 2
      , new delhi
      Reviewed on Feb 07, 2019
    • Standard Chartered Bank Personal Loan
      "Good service"
      0.5 5.0/5 "Blown Away!"
      STANDARD CHARTERED BANK has also offered me a personal loan. The process was quick and I got the loan on time. The rate of interest is and there were processing charges as well both are very nominal compare to others in the market . The tenure period is 20 year and it is sufficient .
      Was this review helpful? 0
      , hyderabad
      Reviewed on Feb 07, 2019
    • Standard Chartered Bank Personal Loan
      "Interest rate should be standard"
      0.5 5.0/5 "Blown Away!"
      Before three years I took personal loan from Standard with the interest rate of 10.49% for the tenure period of 12 months, the representative visited to my place and collected the documents. The interest rate is huge, any way I prefer only HDFC and ICICI bank. Because Standard Chartered has the processing fee.
      Was this review helpful? 2
      , hyderabad
      Reviewed on Feb 01, 2019
    • Standard Chartered Bank Personal Loan
      "Good in all"
      0.5 4.0/5 "Great!"
      I have a personal loan with Standard Chartered Bank and the process for the loan was done on time. I had no hassles to get the loan and the rate of interest and processing charges was nominal too. The documents was collected on time and in all no hassles.
      Was this review helpful? 0
      , hyderabad
      Reviewed on Jan 31, 2019
    • Standard Chartered Bank Personal Loan
      "Satisfactory"
      0.5 5.0/5 "Blown Away!"
      I have taken a personal loan earlier with Standard Chartered Bank. The customer support and response is good and I also received the loan on time and as per my requirement. The rate of interest and processing charges was nominal and the after loan services are good too.
      Was this review helpful? 0
      , bangalore
      Reviewed on Jan 29, 2019
    • Standard Chartered Bank Personal Loan
      "Very Good Service"
      0.5 4.0/5 "Great!"
      The experience with this loan was quite good and the loan amount which they had provided has been sufficient as well. The interest rate with them has been nominal with the market rate and there was no extra charges which they had made so far and their customer support response has also been quite good.
      Was this review helpful? 0
      , chennai
      Reviewed on Jan 28, 2019
    • Standard Chartered Bank Personal Loan
      "Excellent service"
      0.5 5.0/5 "Blown Away!"
      I took my personal loan with standard chartered bank. The loan amount they have given me was sufficient,and the rate of interest, they have charged me was up to 10% ,which is nominal compare to market value , and the processing fee which they have given me was nominal, still this loan is running,and they have not charged me any hidden charges.
      Was this review helpful? 3
      , pune
      Reviewed on Jan 27, 2019
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