Disclaimer

This is to inform that by clicking on the link, you will be leaving our www.sc.com/in and entering a website operated by other parties:

Such links are only provided on our website for your convenience and Standard Chartered Bank does not control or endorse such websites, and is not responsible for their contents.

The use of such website is also subject to the terms of use and other terms and guidelines, if any, contained within each such website. In the event that any of the terms contained herein conflict with the terms of use or other terms and guidelines contained within any such website, then the terms of use and other terms and guidelines for such website shall prevail.

Thank you for visiting our www.sc.com/in

Proceed to third party website

Standard Chartered gives you easy solutions to help you finance your dream home.

Apply Now

Standard Chartered gives you easy solutions to help you finance your dream home.

Creating a solid foundation for your home

Our home loans enable you to visualise your home with attractive rates starting at 8.51% p.a.

Features

Reach us

You can contact us via 24x7 Phone banking helpline and through our wide network of branches.

Read more
More

Fees and rates

 

Details
Charges
Processing fees Up to 1% of the sanctioned amount.
Part pre-payment fees NIL part pre-payment charges on floating rate loans to individuals.

For other* categories of loans:

Home Loan

• NIL for part pre-payments less than 25% of the principal outstanding in a calendar year.

• For part pre-payments greater than 25% of principal outstanding in a calendar year - 2.5% of the entire amount being paid.

Loan against property

• NIL for part pre-payments less than 25% of the principal outstanding in a calendar year

• For part pre-payments greater than 25% of principal outstanding** in a calendar year - 4% of the entire amount being paid

*Includes fixed / semi-fixed rate loans, and loans to non-individuals also.

**Here principal outstanding refers to the principal outstanding at the time of closure, as well as the amount part pre-paid in the same calendar year which has not been charged.

Pre-closure fees NIL foreclosure fees on floating rate loans to individuals.

For other* categories of loans:

Home Loan

• 2.5% of the principal outstanding.

Loan against property

• 4% of the principal outstanding**

*Includes fixed / semi-fixed rate loans, and loans to non-individuals also.

**Here Principal outstanding refers to the principal outstanding at the time of closure, as well as the amount part pre-paid in the same calendar year which has not been charged.

Click here for more details on all other applicable fees and charges.

Documents

Documents Required for Salaried / Self – Employed

  • Photo identity
  • Proof of residence
  • Proof of age
  • Financial documents required (self-attested):
    • Salaried individuals –
      • 2 months salary slip (If variable components present in salary structure)
      • Latest year Form-16
      • Bank statements for the last 3 months
    • Self-employed individuals / professionals –
      • Latest 2 years IT returns and computation of income (firm and individuals)
      • Latest 2 years P&L statements, balance sheets (along with all the schedules) and capital account statements, certified by a C.A
      • Latest 2 years audit reports
    • [For self employed : Turnover > 1,00,00,000;  For self employed professionals : Gross receipts > 25,00,000 ] and bank statements of the primary bank account for latest 6 months.
    • For partnership firms: partnership deed is required.
    • For private limited firms:
      • Shareholding pattern or memorandum and articles of association, attested by a C.A.
      • List of directors.

Documents Pertaining to your Property

  • Documents pertaining to your property / others (self-attested):
    • Property paper copies ( first and last page to be self attested ).
    • Existing home loan facility details (Note: B & C can be provided prior to disbursal).
    • Sanction letter.
    • Original list of documents held by competition bank.
    • Latest outstanding of the loan sought to be bought over.
    • Other existing loans declaration.

    The above list of documents is an indicative list and is acceptable based on Standard Chartered Bank’s existing policy, as applicable at the time of loan application.
    For more details you can speak to your Relationship Manager (RM) or visit the nearest branch.

FAQs

Terms and conditions