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Fast forward your plans with a Personal Loan. Get cash when you need it the most and up to AED 2,500 cashback* upon fund disbursal.

Apply Now

Fast forward your plans with a Personal Loan. Get cash when you need it the most and up to AED 2,500 cashback* upon fund disbursal.

Realise your plans faster

A personal loan that allows you to borrow up to 20 times your monthly income. Apply in just five minutes.

Features

Apply today and enjoy the benefits that come with being a valued Standard Chartered Bank Client.

Fees & Charges

Fees and charges are subject to change. All fees and charges listed are inclusive of 5% Value Added Tax (where applicable) effective 1 January 2018. Tax implications on above fees and charges may be subject to change.

 

Details
Charges
Processing fee 1% of the loan amount (1% of Top Up Amount)

Min. AED 500/Max. AED 2,500

Early redemption fee 1% of Principal Outstanding Plus AED 100 Cancellation Fee
Instalment deferment fee AED 100
Late payment fee 2% of the delayed amount

Min. AED 50/Max. AED 200

Loan ‘re-scheduling’ AED 250
Please refer to our Service & Price Guide for full list of Fees and Charges.

Eligibility & Documents

Eligibility

  • Minimum Salary: AED 30, 000 per month
  • Minimum Age: 21 years
  • Maximum Age: 65 years or company retirement age at loan maturity whichever is lower.

    Proof of Retirement age in company required for any case where age > 60 years at the time of loan maturity. This could be mentioned on Salary Transfer Letter, employment Contract or a Company Letter

Documents Required

  • Valid Passport, UAE Residency Visa and valid Emirates ID (original)
  • Salary Transfer Letter
  • Salary Certificate (in case of Take Over Loans)

    Standard Chartered Bank format, click here for more details

  • 3-month Bank Statement
  • Liability Letter (in case of Take Over Loans)

FAQs

Terms and Conditions

Disclaimer

Loans are available to UAE residents working for companies approved by Standard Chartered. Loans are granted at the sole discretion of Standard Chartered Bank