Salaried EmployeesSalaried doctors, CAs, employees of select MNCs, public and private limited companies, government sector employees including public sector undertakings and central and local bodies: Minimum age of applicant: 21 years Maximum age of applicant at loan maturity: 60 years Minimum Employment: Minimum 1 year of cumulative experience for both salaried \ individual/professional. Salaried Doctors require 3 years of cumulative experience Minimum Net Monthly Income: Rs 15,000 per month Maximum loan available: Rs 10 lacs Special Offer for employees of select companies

Self-employed DoctorsSelf-employed doctors include self-employed MBBS or BDS and doctors with higher qualification: Minimum age of applicant: 24 years to 65 years at the time of loan maturity Experience (doctors): 2 years continuous employment Minimum annual income: Rs 2.40 lacs per annum gross receipts (Rs 1.80 lacs per annum for select locations) Maximum loan available: Rs 20 lacs for self employed doctors Special scheme for Self Employed doctors

 

Here are some of the features of the personal loan you can avail of: A variety of loans available to Salaried and Self Employed Individuals Loan Amount available Upto Rs 30 Lacs for salaried Upto Rs 10 Lacs for Self Employed Competitive Interest Rates No Securities, Collaterals or Guarantors required Repayment Options varying from ECS, PDCs or Account Debits Easy documentation and quick processing If you have a Personal Loan with Standard Chartered Bank, top it up with ease

Identity proof : Passport, Photo Pan card, Driving License, Votes ID Card, Photo Ration Card Residence proof : Passport, Telephone Bill, Ration Card, Electricity Bill, Driving License, Life/Medical Insurance policy, Rental Agreement, Apartment Allotment Letter

 

Q. What are the minimum and maximum loan amounts?

You can avail of loans ranging from Rs50,000/- to Rs 30,00,000/- depending on your eligibility, income and

repayment capacity

Q. What are the loan tenure options?

The loan can be repaid over a period of 12 to 60 months tenors are only available for select profile of

customers

Q. Are there any additional charges?

A processing fee of a maximum of 2% of the loan amounts and requisite documentation charges is payable

upfront. This fee will be deducted from the Loan amount at the time of disbursal.

Q. How much time will it take for my loan to be approved?

Your loan will be disbursed within 4-7 working days post receipt of the required documents.

Q. Do I have to provide any security, collateral or guarantors?

No security, collateral or guarantors are required for obtaining a Personal Loan.

Q. What is EMI?

EMI stands for Equated Monthly Installments. This installment comprises both principal and interest

components.

Q. How do I repay the loan?

You can repay the loan in Equated Monthly Installments (EMI's) using the ECS facility, post-dated cheques

favouring Standard Chartered Bank or a direct account debit (only for Standard Chartered Bank Account

holders)

Q. Can I prepay my loan?

You can pre-pay your loan with preclosure charges of 5% anytime after completion of six EMIs by giving the

bank a 21 day notice.

Q. Do I need to open an account with Standard Chartered Bank for availing and/or servicing the loan?

We will encourage you to start a banking relationship with us so that we will be able to offer a host of other

value added services, which are complementary to the loan, however opening an account with us is not

mandatory.

Q. Do I get special privileges as a Standard Chartered Customer?

As a Standard Chartered Customer, you will be offered special interest rates, asked for minimal

documentation and your application will be processed on priority