You can apply for a Standard Chartered home loan either online or by visiting the nearest Standard Chartered bank branch. To apply for a home loan with the bank, you can also download the home loan application form from the bank’s official website. To proceed with the application, you must complete the form and submit it to the bank representative at the bank branch.
Why apply for a Standard Chartered home loan?
Standard Chartered bank offers four different types of home loans meant for various purposes. The bank also offers a home pack comprising a mortgage loan against property, a home loan, a credit card, and a savings/current account. For home loan borrowers, the bank has a Home Saver pack that allows them to repay their loan faster. The processing fees charged by the bank are maximum up to 1% of the loan amount and home loan tenures can go up to 25 years. The bank allows home loan borrowers to borrow up to Rs. 35 crores and interest rates for home loans start from 7.99% p.a.
Additional read – Check Standard Charted home loan status
What are the documents required for a Standard Chartered Bank home loan?
Mentioned below are the documents required by Standard Chartered Bank for home loan applications:
- Photo identity proof
- Address proof
- Financial documents including IT returns, salary slips, bank statements, etc. depending on employment type
- Property documents
With attractive interest rates on home loans and low processing fees, Standard Chartered bank caters to various sections of borrowers. Home loan borrowers can also prepay the Standard Chartered bank home loan without any penalty. Home loans from this bank are the best option for buying or constructing your dream home at reasonable interest rates.