Personal Loan
Personal Loan
  1. Loans
  2. Personal Loan

Personal Loan

Unlock a world of possibilities, fulfill your future plans today with an unsecured Personal Loan

Benefits
  • months of repayment period

  • interest rate per month

  • naira personal loan with no security required

Loan Features

No Security Required

Loans are fully unsecured with no security required.

Take Over Facility

We can help you move your loan with another bank to take advantage of our competitive terms.

Easy Repayment

Repayment directly from your account with us.

No Preliquidation Charges

You can make free partial or full liquidation at your conveninece through our 24/7 online banking.
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Loan Calculator

Please fill in the following information for an estimation of your repayment amount. The Approximate Monthly Repayment figure for Standard Chartered's Personal Loan is indicative and is not meant to be final or binding on the Bank. The Bank reserves the right to determine the final interest rate in accordance with applicable laws and amount that can be borrowed.

Application Eligibility

  • Age: From 21- 60 years
  • Min Loan: ₦175,000
  • Max loan: ₦20,000,000
  • Min Salary: ₦75,000 for corporate organisation employee and ₦50,000 for government employees

Documents Required

  • Copy of driver’s license, international passport, national ID or voter’s card
  • Completed application form
  • Bank statements for the last 3 months
  • Pay slips for the last 3 months
  • Letter of Awareness from employer to domicile your salary with Standard Chartered Bank

Application Eligibility

  • Age: From 21- 60 years
  • Min Loan: ₦175,000
  • Max loan: ₦20,000,000
  • Min Salary: ₦75,000 for corporate organisation employee and ₦50,000 for government employees

Documents Required

  • Copy of driver’s license, international passport, national ID or voter’s card
  • Completed application form
  • Bank statements for the last 3 months
  • Pay slips for the last 3 months
  • Letter of Awareness from employer to domicile your salary with Standard Chartered Bank

The following documents are required:

  • Signed application form
  • Bank statements for the last 3 months (for new to bank)
  • Pay slips for the last 3 months
  • Copy of driver’s license, international passport, national ID or voter’s card
  • Letter of Awareness from employer to domicile your salary with Standard Chartered Bank

You can borrow up to ₦20M depending on the organisation you work for and your income. You will be advised at the time of application.

You have up to 60 months to repay the loan depending on the organisation you work for and your income. You will be advised at the time of application.

Yes. We require you to domicile your salaries and allowances with the bank. You will be required to instruct your employer to do so and your employer must confirm this in writing.

In order to qualify, you must earn a minimum of ₦50,000 if you work for a private organization or a government agency or parastatal. You must also be a permanent and confirmed employee of the organisation.

Yes. In order to do this, you will go through the normal application process. In addition, we require a letter from the bank where your loan is stating the outstanding balance of your loan that is required to be settled. Standard Chartered Bank will pay this amount directly to the bank from the proceeds of your new loan.

This loan is unsecured. All that we require is for you to receive your salaries and allowances through Standard Chartered Bank throughout the period of the loan.

Yes. This can be done 6 months from the date you took the initial loan. A good repayment history is also required and we can work with you on this.

Yes, you can pay down your loan before maturity.

Yes. This is an all-purpose loan and can be used for any purpose of your choice.

Call Us

Call our hotline for further information.

+2348001235000
(Toll free number)

01 2704611 – 4
(When dialing in Nigeria)

+234 1 2704611 – 4
(When dialing from overseas)

Email Us

Alternatively, please drop us an email and we will contact you soon.

Email Us

Locate Us

Visit the branch that is nearest to you.

Find a Branch
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