Unleash the power of your deposit with assured loan
Our loan against local currency deposit is designed to offer liquidity without compromising on the returns on your deposit. Our cash backed solutions helps you address your urgent fund requirements without liquidating your savings.
Just get a loan against your local currency deposit from your nearest Standard Chartered Branch.
Features & Benefits:
- Short/medium term funding solution
- Attractive interest rate*
- We provide most convenient line of credit: Overdraft. Use it whenever you want and pay interest on usage only.
- Loan will be available up to 95% of deposit*
- Nominal Processing Fees
- Easy to renew annually or within the maturity of Fixed term deposits whichever is earlier.
- Same day approval and disbursal
- Personalised service
- Account holders
- age of 18 and maximum age of 70*
- Nepalese/foreign national
- Copy of citizenship/valid passport
- Fixed deposit receipt (s)
- Other documents as per the Bank’s requirement
*Terms & Conditions apply.