At the discretion of Standard Chartered Bank, you have the option of changing your interest type from Fixed to Variable or vice-versa, provided you pay a fee upto 1.5% of the principal outstanding at the time of exercising the option. To know more, please click here.
If the interest rate on the home loan varies periodically over the home loan tenure, then it is called a floating rate home loan. However fixed rate home loans are offered at a predetermined interest rate during the loan period. They remain unchanged during the loan period irrespective of the prevailing market conditions.
Ways to Reach Us : Talk to Us | Write to Us | Contact Me | Locate Us | Feedbacks and Complaints