Withdraw funds as and when you require.

Details

Standard Chartered's Revolving Credit facility gives you freedom and flexibility, ensuring you always have cash available for urgent needs. This line of credit is an ideal solution designed to help you meet any unforeseen expenses.

Simply manage your liquidity by withdrawing funds or making payments as and when they are required using your ATM / debit card, cheque book, pay order or even Internet banking.

Special Features

  • Credit line up to PKR 2 mn
  • Mark-up charged only on utilised amount of the daily outstanding balance
  • Evergreen line with automatic yearly renewal
  • No security, collateral or guarantors required
  • Quick and easy disbursement
  • Easy access through cheque book, VISA ATM / debit card and Internet banking

Eligibility

    Documents Required
    • Copy of Valid CNIC
    • Salary Slip

Rates

  Employee Banking Non Employee Banking
Pricing 30% APR 33% APR
Processing Fee PKR 1,500
Annual Fee PKR 1,750
Maximum Limit Up to 6 times of gross income
Maximum of PKR 2mn**
Turnaround time 10 working days (subject to completion of application requirements)

* For first year only
** State Bank's cap on maximum industry-wide unsecured limit of PKR 2M, debt burden of 50% and bank's internal checks apply.

FAQs

    • What are the minimum and maximum credit facility amounts?
      You can utilise a credit line up to 6x your gross salary or a maximum of PKR 2 mn depending on your eligibility, income and repayment capacity.

    • What are the credit facility tenure options?
      There are no tenure options as this is an evergreen line with yearly automatic renewals.

    • Are there any additional charges?
      A one-time processing fee of PKR 1,500 will be charged when you sign up, followed by an annual fee of PKR 1,750.

    • How much time will it take for my facility to be approved?
      Your application will be approved within 15 working days upon receipt of the required documents.

Learn more »

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111 002 002

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Alternatively, please complete our contact form and we will be in touch as soon as possible.

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Speaking Up

Standard Chartered Bank (the “Bank”) is committed to maintaining a culture of the highest ethics and integrity, and in compliance with all applicable law, regulation and internal policy. As part of this commitment, the Bank has a ‘Speaking Up’ programme through which genuine concerns in this regard can be raised. Members of the public can securely raise Speaking Up concerns through this hyperlink, which is hosted on behalf of the Bank by a third party ‘InTouch’. Examples of concerns that can be raised through this website are concerns that relate to accounting, internal accounting controls or auditing matters and concerns relating to bribery or banking and financial crime. Concerns received will be forwarded to the Bank’s investigations team for review. Complaints relating to SCB banking services should not be raised through this site in the first instance, but through the SCB branch network, contact centres, Relationship Managers or the ‘Contact Us’ webpage.

Disclaimer

Please note that this hyperlink will bring to you to another website on the Internet, which is operated by InTouch, an independent company appointed by the Bank to support its Speaking Up programme. Please be mindful that when you click on the link and open a new window in your browser, you will be subject to the additional terms of use of the website that you are going to visit.

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