Standard Chartered Business Installment Loan

Standard Chartered Business Installment Loan

Key Product Features

Interest Rate (Unsecured) 19.50
Interest Rate (Secured) 19.50
Interest Rate (Cash) 3.00
Interest Rate (Woman) 10.00
Interest Rate Additional Info Maximum loan amount is limited to BDT 7,00,000 only.
Min. financing Amount N/A
Max. financing Amount 80
Min. loan tenure 1 year
Max. loan tenure 10 year
Islamic / Conventional Conventional
Approval duration N/A

Fees and Charges

One time set-up Penalties
Processing fee
(100% waived)

Stamp duty
N/A
Early Settlement
N/A

Late Payment Charges
24% yearly

Eligibility

Age requirement
Age 21 - 60

Other Information


1) Maximum Tenure: Secured 10 years, Unsecured 5 Years. 2) For BDT 80000000 to BDT 180000000 customer have to do 15% FDR and for below BDT 80000000 customer have to do 30% FDR of the amount.

Standard Chartered Business Installment Loan

  1. What will it cost you and how will you be charged?
    No
  2. How long will the application take and what documentations are required?
    You need the following documents to be approved for this loan : 1) 1-year bank transaction. 2) Trade license of 3 years. 3) The office's TNT bill copy. 4) House TNT bill's copy. 5) Applicant's NID, Photographs.
  3. Advantages
    You will get the following advantages : 1) No Hidden charge. 2) Easy documents, and processing.