Standard Chartered Bank is a global financial institution with a vast network of more than 1200 branches across 70 countries. Its presence in Bangladesh dates back to 1948, and the bank continues to deliver exceptional banking services across a range of sectors. The bank is renowned for its dedication to its customers and offers a wide range of products, including Home, Personal, and Auto Loans, to cater to their diverse needs. The bank’s customer-centric approach sets it apart from its peers and ensures that customers receive the best possible service.
Onboarding Rate for all disbursements (New and Top Up) from April 01, 2022
-To apply for a loan, the primary borrower must be at least 25 years old, while the co-borrower must be at least 22 years old, and the co-applicant must be at least 18 years old.
-The maximum age at the end of the loan tenure is either 70 years old or retirement age, whichever comes earlier.
-The minimum income requirement for salaried individuals is BDT 78,000 gross per month, while it is BDT 70,000 for other applicants.
-Salaried individuals must have at least three years of work experience, while self-employed individuals must have a similar duration of experience in their trade or profession.
-Probashi Realty clients are eligible for specialized marketing campaigns.
-The bank offers loans of up to BDT 2 crore or 70% of the property value, whichever is lower.
-The loan tenure can be up to 10 years for business owners and up to 25 years for other applicants.
-The bank provides swift valuation and legal document verification services to expedite the loan approval process.
-Priority banking facilities are available to clients with outstanding loan amounts exceeding 70 lakhs.
-Cashback opportunities are provided to eligible clients, where applicable.
-The MortgageOne program offers savings on interest expenses.
-The Saadiq Home Finance scheme provides Islamic Shariah-compliant home financing options.
– Loan processing fee no more than BDT 20,000
– Early settlement fee: 0.50% of remaining loan outstanding balance for Probashirealty clients
– No hidden charges
The bank requires the following mandatory documents from all clients:
For salaried clients, the bank requires the following income-related documents:
For self-employed or business clients, the following documents are required:
The bank reserves the right to request additional supporting documents if deemed necessary to process the loan application.
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