Standard Chartered Bank Any Purpose Loan

Standard Chartered Bank Any Purpose Loan

A loan package that meets your any loan requirement for any purpose.

Key Product Features

Interest Rate 9.90%
Zero processing fee for takeover loans.
Min. financing Amount BDT 75 000
Max. financing Amount BDT 1 000 000
Min. loan tenure 1 year
Max. loan tenure 5 year
Islamic / Conventional Conventional
Approval duration 7 to 10 days

Fees and Charges

One time set-up Penalties
Processing fee
2%

Stamp duty
CIB charge of BDT 100. 15% VAT is applicable on invoiced fees & commissions. Government Excise Duty is applicable as per Government Regulation. Any other legal or recovery costs.
Early Settlement
2%

Late Payment Charges
2%

Eligibility

Age requirement
Age 21 - 65

Min Income requirement
BDT 22 000

Employment Eligibility
Salaried Employee
Self Employed

Other requirements


Need to open linked bank account?
No

Standard Chartered Bank Any Purpose Loan

  1. Terms and Conditions
    #Minimum Income Requirements: If you have a salary account at Standard Chartered Bank, then you will be qualified for getting a personal loan from Standard Chartered Bank. In that case, you will need to draw at least 22,000 Taka per month. If your salary goes to a bank other than Standard Chartered Bank, you will be required to draw at least 35,000 Taka per month.
  2. What will it cost you and how will you be charged?
    • Processing fee is 2% of approved loan amount. • CIB charge of BDT 100 is applicable. 15% VAT is applicable on invoiced fees & commissions. • Government Excise Duty is applicable as per Government Regulation. • Any legal or recovery costs incurred during the processing or the tenor of the loan will have to be borne by the customer at actual, if applicable. • Partial pre-payment fee 2%.
  3. How long will the application take and what documentations are required?
    All they need is few employment-related papers, bank statements and one ‘Personal Guarantee’ for you to grant you a Personal Loan.
  4. Can you apply if you have a bad CIB Credit Record?
    No, if you have a bad CIB record, there is almost zero probability of your standard chartered bank bangladesh personal loan application getting approved.