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Pricing Grid : Indicative Rates** as of 4th January 2024

Repo Rate : 6.50%

Loan against Term Deposits (ODFD)
  Maximum Rate
Interest Rates Highest FD rate* + 5.50%*** (spread)
Processing Fee 0
Preclosure Charges 0
APC charges Upto INR 2000/- plus applicable taxes, at the time of renewing the facility
Loan against Securities (FAS)
  Maximum Rate
Interest Rates External Benchmark** + 5.50%*** (spread)
Processing Fee 0
Preclosure Charges 0
APC charges 0

The above rates are subject to change from time to time and at the sole discretion of Standard Chartered Bank

*** Spread is determined basis the credit grading of the borrower(s), quality of underlying securities, risk profile, account behaviour / conduct, product level allocable costs etc

**The interest rate for Finance against Securities (FAS) product is linked to the External Benchmark Rate and the Repo Rate is the benchmark rate for FAS in the Bank.

*The interest rate for Finance against Fixed Deposits (ODFD) product is linked to the Fixed Deposit having highest rate of interest across all client’s underlying deposits

Client level pricing will not be below the External Benchmark / Deposit Rate.