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. There’s no need to liquidate your saving if you require money. 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*
- Most convenient line of credit: Overdraft, Demand loan, Letter of credit and Bank Guarantees are available for individual client.
- Loan will be available up to 95% of deposit*
- Use it whenever you want and pay interest on usage only.
- NIL processing fees.
- Easy to renew annually or within the maturity of Fixed term deposits whichever is earlier.
- Quick processing
- Personalised service
- Account holders
- age of 18 and maximum age of 70*
- Nepalese/foreign national
- Self employed/salaried/professionals
- Copy of citizenship/valid passport
- Fixed deposit receipt (s)
- Other documents as per the Bank’s requirement
*Terms & Conditions apply.