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Home loan Closure Documents

Get instant help on home loan interest

Home Loan queries

Get answers to your home loan interest related queries

Interest Calculation

Interest Rate conversion

Interest rate variants

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Interest Calculation

Check frequently asked questions related to home loan interest calculation

  • FAQs
    • The interest on home loan is calculated on a daily reducing balance and is charged with monthly rests.

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    Interest Rate conversion

    Check frequently asked questions related to home loan interest rate conversion

  • FAQs
    • 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.

      • Click here to register for Online Banking or SC Mobile.
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    Interest rate variants

    Check frequently asked questions related to home loan interest rate variants

  • FAQs
    • 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.

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