Our multi-purpose Overdraft and Term Loan facilities offer extended funding solutions to implement your personal plans, whether it be educational, leisure, investment or unanticipated emergency cash requirements.

Enjoy faster credit along with the flexibility to hold on to your current assets.

Secured Overdraft Facility

A multi-purpose cash backed credit facility that provides you with greater liquidity by securing against a deposit held with the Bank. Interest payable only on utilisation.

  • Cash deposited to your current account within the day to facilitate your cash requirements
  • No scheduled minimum monthly loan repayments
  • Pay interest only for the amount you utilize; not your total loan value
  • Flexibility to decide tenor based on your need
  • Cheque book issued free of charge
  • Convenience of withdrawing cash from any SC ATM

Secured Term Loan Facility

Convenient low interest rate loan facility against your fixed deposit with variable repayment tenors from 1 year up to 5 years.

  • Fixed or variable interest rates
  • Variable loan tenors
  • Extend loan period upon request
  • Cash deposited to your account within the day

Secured Lending Features

  • Enjoy interest earnings on your fixed investments

    Maximise the potential of your wealth by continuing to enjoy the attractive returns from your fixed investments just as you did before.

  • Enjoy liquidity up to 95% of your financial asset value

    Overdraft or Loan limit will be granted on your selected current account against the eligible assets.

  • Lower interest rates than unsecured lending facilities

    Be eligible for secured lending facilities at competitive processing fees and low interest rates.

  • Multiple collateral and currency types

    Pledge your Fixed Deposits denominated in any currency type or even TBills and TBonds as collateral.

All foreign currency and cross border transactions will be conducted only for regulatory designated foreign currencies, and are subject to prevailing foreign exchange regulations.

Products and services are available only in a particular location at the sole discretion of the Bank or the relevant Standard Chartered Group company or associate, subject to the individual terms and conditions on which they are offered and such products and services may be withdrawn or amended at any time without notice.

Eligibility will be subject to investors meeting the Bank’s Investment Suitability Assessment criteria.

Terms & Conditions apply

For existing service related queries, complaints or feedback please reach out to us on 0114 525 252 or click here