Private Sector BankSalaried Employeesunsecured

Standard Chartered Personal Loan

स्टैंडर्ड चार्टर्ड पर्सनल लोन

Standard Chartered Bank personal loan for corporate professionals up to ₹50 Lakhs.

Max Loan Amount

₹1,00,000 to ₹50,00,000

Interest Rate

10.49% - 18.00% p.a. (risk-grade fixed)

Tenure

12 to 60 months

Processing Fee

Up to 2.25% of loan amount + GST

✦ What It Is: Product Architecture & Regulatory Scope

Standard Chartered Bank India's premium personal loan for salaried corporate employees, offering high borrowing limits up to ₹50 Lakhs with attractive pricing for Tier-1 corporate executives.

What is Missing: Honest MITC Policy Gaps, Hidden Clauses & Extra Charges

Eligo consumer protection notice: Bank brochures, DSA telecallers, and comparison portals rarely disclose these conditions. Read carefully before signing.

• High income threshold: Minimum net take-home salary of ₹35,000/month. • Foreclosure lock-in of 12 full months. • Foreclosure fee of 3% to 4% + GST applies post-lock-in.

✦ Key Benefits & Features

• High loan quantum up to ₹50 Lakhs for substantial funding needs • Attractive interest rate slabs starting from 10.49% p.a. • Fast digital in-principle sanction via SC Mobile app • Flexible repayment tenure up to 5 years (60 months).

✦ Prepayment, Part-Payment & Foreclosure Rules

12-month lock-in period; foreclosure charges 3% to 4% + GST after 12 months.

✦ Eligibility Requirements

Salaried corporate employees working in rated private companies, MNCs, and financial institutions. Min Age: 22, Max Age: 58. Min Net Monthly Salary: ₹35,000. Min CIBIL: 730.

Min Age22 Years

Max Age58 Years

Min Monthly Income₹35,000

Min CIBIL Score730+

✦ Documents Required

• Identity & Address: PAN Card, Aadhaar Card, Passport • Employment Proof: Employee ID card, appointment letter • Financial Proof: Last 3 months payslips, latest Form 16 • Banking: Last 6 months bank statement showing salary credits.

✦ Exact How-To-Apply Process (3 Pathways)

Depending on your current relationship with the bank, select the corresponding application journey:

Pathway A

Existing / Pre-Approved Customers

1. Log into SC Mobile App > Borrow > Personal Loan. Pre-approved limit displayed. Authenticate with OTP.

Pathway B

New Online Applicant (Fresh Digital)

1. Visit sc.com/in > Personal Loans. Submit mobile number, PAN, and link bank statement via Account Aggregator.

Pathway C

Branch Walk-In Application

1. Visit nearest Standard Chartered branch with 3 months salary slips, Form 16, and bank statements.

Official Sourcing & MITC Verification

180-Day Re-Verification SLA · Last Verified: 2026-09-28

Eligo does not collect personal loan applications, sell user data to DSA telecallers, or receive affiliate commissions. All terms shown are extracted directly from official bank circulars, Most Important Terms and Conditions (MITC), and Key Fact Statements (KFS) under RBI guidelines.

Visit Official Lender Portal (Standard Chartered Bank India)View Official MITC / Schedule of Charges RBI Key Fact Statement (KFS) Reference

Frequently Asked Questions on Standard Chartered Personal Loan

What is the maximum loan limit in Standard Chartered?

Up to ₹50 Lakhs depending on your net monthly salary and credit score.

What is the foreclosure charge?

3% to 4% plus GST on the principal outstanding after the initial 12-month lock-in period.

What is the minimum credit score required?

A minimum CIBIL score of 730 is recommended.