Standard Chartered Bank Personal Loan

A safe and comfortable lifestyle requires having a safety plan to deal with unplanned/immediate needs at any time. Usually, we continue living in an unplanned way and if someone thinks about the upcoming problems and saves some money in a planned way, then we don’t rush in times of danger. So, we sometimes run late, if someone is late then it becomes important to take a loan from various financial institutions. Today we present information about Standard Chartered Bank Personal Loan which will help you with your instant personal loan to meet the needs of these challenging times.

 You can choose from Standard Chartered Bank’s flexible tenor and quick disbursal process to suit your EMI repayment options.

STANDARD CHARTERED Bank Personal Loan Details

Interest Rate9%
Loan AmountUp to BDT. 20 lacs
Loan TenureMinimum 12 to 60 months
Minimum Income RequiredBDT 26,000 for SC Payroll Clients
BDT 35,000 for customers with salary with other banks
BDT 55,000 for businessmen and self-employed customers

Features of the Loan

  1. Any Purpose Loan: Whether it’s covering marriage expenses, renovating your home or office, planning vacations abroad, or addressing emergency medical needs, our loan caters to diverse purposes.
  2. Employee Banking Privilege: Enjoy preferential treatment on loans if you have your salary account with us through our Employee Banking program.
  3. Peace of Mind: Opt for insurance coverage for your loan, providing financial security for you and your loved ones, ensuring peace of mind during uncertain times.
  4. Convenience: We value your time and urgency, offering a wide range of channels for applying for a Personal Loan, making the process convenient and hassle-free.
  5. Easy Repayment: Worried about repayment methods? With us, there’s no need for Post-Dated Cheques or the hassle of collecting them, ensuring easy and stress-free repayment.
  6. Top-Up Loans: Maintain regular repayments and unlock the potential for additional funds through a Top-Up on your Loan, providing financial flexibility when you need it most.

Personal Loan Eligibility Criteria

Here are the eligibility criteria for STANDARD CHARTERED Bank personal loans:

AgeMinimum: 21 years to maximum: 60 years
Professions·  Salaried executives
·  Businesspersons
·  Self-employed professionals
·  Doctors

Required Documents for Personal Loan

When applying for a personal loan from STANDARD CHARTERED Bank, ensure you have the following documents ready:

General Documents for All Clients:

  • National ID Card
  • Passport size photograph
  • e-TIN Certificate
  • Personal Guarantee for financing exceeding BDT 5 Lacs
  • Proof of tax submission for financing exceeding BDT 5 Lacs

Income Documents for Salaried Clients:

  • Original Letter of Introduction (salary certificate) or Payslip
  • Latest 6 months’ bank statement with salary reflections if the salary account is not with STANDARD CHARTERED Bank

Documents for Businessman / Self-employed Clients:

  • Updated Trade License with proof of the last 3 years of business experience
  • Partnership Deed or RJF certified with Form 1
  • RJSC certified certificate of incorporation, MOA (Memorandum of Association) / AOA (Articles of Association), form X / XII / 117 (as applicable)
  • Business supporting documents like work orders

Post-Sanction/Pre-disbursement Documents:

  • KYC (Know Your Customer) documents
  • ECS (Electronic Clearing Service) form or Standing Instruction Request
  • Duly signed loan agreement

Ensure all necessary documents are provided accurately to facilitate a smooth loan application process.


Q1: What are the minimum and maximum loan amounts?
A: You can avail of loans ranging from BDT 50,000 to BDT 20 lacs depending on your eligibility, income, and repayment capacity.

Q2: How much time will it take for my loan to be approved?
A: Your loan will be disbursed within 2 working days for SC Employee Banking customers and up to 5 working days for Non-SC customers post receipt of all required documents.

Q3: What are the loan tenure options?
A: The loan can be repaid over a period of 12 to 60 months.

Q4: How do I apply for a STANDARD CHARTERED Bank personal loan?
A: You can apply for a STANDARD CHARTERED Bank personal loan by visiting the bank’s official website, the nearest branch, or through online application.

Q5: Can we get tax benefits in personal loans?
A: Yes, depending on the purpose for which you took the loan, you are eligible for tax benefits. Income tax generally allows tax deductions for loans taken for education, property purchase or renovation, and business expansion.

Q6: How can I pay my STANDARD CHARTERED Bank personal loan EMIs?
A: EMIs to your STANDARD CHARTERED Bank can be paid using post-dated cheques, Electronic Clearing Service, or cash at the nearest branch.

Q7: How can I foreclose my STANDARD CHARTERED Bank personal loan?
A: To foreclose a STANDARD CHARTERED Bank personal loan, you need to request a foreclosure statement from the bank. Visit the nearest loan center, submit your foreclosure request, and the bank will process it accordingly.

Q8: How can I register my email ID and mobile number and link them to my loan account?
A: You can update your email ID and mobile number by calling the bank’s customer care number or writing to the bank using your registered email ID.

Q9: How to contact STANDARD CHARTERED Bank Bangladesh?
A: Standard Chartered Bank Limited
67 Gulshan Avenue, Gulshan,
Dhaka 1212, Bangladesh
Phone: +8809666777111 or +88 02 55669900 or +88-02-8332272 (24/7 available)
From Mobile: 16233

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