Want to apply for a personal loan that comes with a pocket-friendly EMI? Apply at Standard Chartered Bank which offers the loan at an attractive interest rate of 11.49% Onwards. Grab more info about this product on the page below.

Standard Chartered Personal Loan Interest Rates March 2025

In this table, you can find out Standard Chartered Personal Loan Interest Rates and some important details about the personal loan -

Particulars	Details
Interest Rates	Starting from 11.49% p.a. For Salaried  For Self-employed - Starting from 11.99% p.a.
Loan Amount	INR 1 Lakh - INR 50 Lakh
Repayment	12 months-60 months

Eligibility Criteria for Standard Chartered Personal Loan

To be eligible for a Standard Chartered personal loan as a self-employed professional, you must meet the following criteria:

Personal Loan Eligibility for Self-Employed Professional

• Income Proof: Provide tax returns, bank statements, or audited financials as proof of income.
• Minimum Income: Earn at least Rs.25,000 per month.
• Business Stability: Your business should have been operational for a minimum of two years.
• Age Requirement: You must be between 22 and 58 years old.

Personal Loan Eligibility for Salaried Individuals

To qualify for a Standard Chartered personal loan as a salaried individual, you must meet the following criteria:

• Income Proof: Provide salary slips, bank statements, or tax returns as proof of income.
• Minimum Income: Earn at least Rs.25,000 per month.
• Age Requirement: Be between 22 and 58 years old.
• Credit Score: Maintain a basic credit score as per the bank’s eligibility criteria.

Documents Required for Standard Chartered Bank Personal Loan Application

To apply for a personal loan with Standard Chartered, you need to submit the following documents:

Personal Documents (for Salaried):

• Identity & Address Proof: PAN, Aadhaar, Voter ID, Passport, Driving License, etc.
• Photograph: Recent passport-sized photo.

Professional Documents (for Self-Employed Applicants):

• Business Proof: Business registration certificate.
• Income Proof: IT returns filed for the previous year.
• Additional Financial Documents: Tax audit reports, lease agreements, or other relevant financial documents.

Calculate your Standard Chartered Personal Loan Monthly EMI

When a person is looking for a personal loan, he/she will be concerned about the interest rates and the EMI that he/she will have to pay to the bank. Here at Standard Chartered Bank, personal loans are offered at attractive interest rates with flexible tenure, making the payment convenient for customers.

The Wishfin Standard Chartered Personal Loan EMI Calculator is a tool that tells you the monthly installments that you have to pay to the corresponding lender against the loan. The personal loan EMI calculator takes into account the loan amount, tenure, and interest rates to figure out the installments that you’ve to pay.

An example below will help you understand it better, you just need to enter three details - 

• Loan Amount
• Tenure
• Rate of interest

Suppose you are availing the loan for Rs. 5,00,000 from Standard Chartered Bank at an interest rate of 11.49% p.a. and assume up to 11.99% p.a. for the term of 5 years. Then your monthly EMIs will be as follows for the different loan tenures -

TENURE	INTEREST RATE (11.49% p.a.)	INTEREST RATE (11.99% p.a.)
1	Rs.44,305.19	Rs.44,422.06
2	Rs.23,417.83	Rs.23,534.40
3	Rs.16,485.63	Rs.16,604.77
4	Rs.13,042.06	Rs.13,164.46
5	Rs.10,993.79	Rs.11,119.70

Fee/Charges of Standard Chartered Bank Personal Loan

Here are the additional fees and charges apart from personal Loan interest rates, make sure to go through them properly -

Processing Fee	2.25% p.a.
Prepayment Fee	0-12 months – NA 13-24 months – 5% of principal outstanding 25-36 months – 4% of principal outstanding Over 36 months – 3% of principal outstanding
Late payment and Swap Charges	Late Payment Fee: Rs.495 + GST Swap Charges: Rs.500 + GST

Standard Chartered Personal Loan Customer Care

If you have any concerns, queries, complaints, or feedback, all you need to do is simply get in touch with the customer care executives at 

•  6601 2424 & 3940 2424

Best Features and Benefits of Standard Chartered Bank Personal Loan

These are some top features and benefits of personal loans offered by Standard Chartered Bank-

• Funds in Minutes: Get quick loan approval and fast disbursal, ensuring timely access to funds.
• Online and Paperless: Apply conveniently through a fully digital process with minimal paperwork.
• No Security Needed: No collateral or guarantor is required to avail of the loan.
• Structured EMI and Repayment Method: Flexible repayment options with fixed EMIs to suit your financial needs.
• Transparent Process: Clear terms with no hidden charges, ensuring complete transparency.
• Multipurpose Loan: Use the loan for various needs such as medical emergencies, travel, education, or home renovation.

Apply For a Standard Chartered Bank Personal Loan in a Few Steps

As a self-employed or salaried individual, you can easily apply for a Standard Chartered personal loan and receive instant approval through the bank’s website or branch.

Online Application:

• Visit the Standard Chartered personal loan application page.

• Enter your details, choose your loan amount and tenure, and submit your application.

• Schedule a document pickup with a bank representative.

Offline Application:

• Visit your nearest Standard Chartered Bank branch.

• Fill out the personal loan application form.

• Submit the required documents.

Once approved, the loan amount will be disbursed within 5 to 7 days.

Standard Chartered 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.

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, you can anytime login to your account and track the account details.

Standard Chartered Personal Loan Statement

Standard Chartered Bank provides personal loan statement on your e-mail ID every month. 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.

Summary!

Standard Chartered Bank personal loans come up with attractive interest rates starting from 11.49% p.a. for salaried individuals and 11.99% p.a. for self-employed professionals, with loan amounts ranging from Rs.1 lakh to Rs.50 lakh and flexible repayment tenures. The loan application process is simple, completely online, and paperless, requiring minimal documentation such as identity proof, income proof, and business registration (for self-employed applicants). Whether applying online or visiting a branch, funds are disbursed within 5 to 7 days, making this a convenient financing option for various needs.

FREQUENTLY ASKED QUESTIONS

1. What is the interest rate for a Standard Chartered personal loan?

The interest rate starts from 11.49% p.a. for salaried individuals and 11.99% p.a. for self-employed professionals, depending on eligibility and creditworthiness.

2. What is the maximum loan amount we can avail from Standard Chartered Bank Personal Loan?

You can avail of a loan amount ranging from Rs.1 lakh to Rs.50 lakh from Standard Chartered Bank Personal Loan subject to eligibility.

3. What is the repayment tenure for a Standard Chartered personal loan?

The repayment tenure is flexible, ranging from 12 to 60 months.

4. How can I apply for a Standard Chartered Bank Personal Loan?

You can apply online through the Standard Chartered website or visit a branch to apply offline.

5. How long does it take for Standard Chartered Bank Personal Loan approval and disbursal?

Instant approvals are provided, and the funds are disbursed within 5 to 7 days after document verification.