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    We found 1 Standard Chartered Bank Personal Loan

    Bank Name
    Interest Rate
    Loan Tenure
    Joining Perks
    From 6.88% p.a. EIR from 12.75%p.a.
    1-5 Years
    What you'll love
    What you need
    What you need to consider
    What it costs

    Standard Chartered Bank Personal Loan

    Personal Loan BYTES FROM OUR KITCHEN

    Meet your financial requirements with personal loans from Standard Chartered Bank in Singapore. You can get a loan amount of up to 98% of the credit limit on your SCB Platinum MasterCard credit card. Under SCB CashOne Personal Loan, You can borrow a loan amount of up to 4 times your monthly income for a repayment tenure of 5 years. Consolidate all your unsecured outstanding loan repayments into one single account with SCB Debt Consolidation Plan.


    You’re probably eligible for a Standard Chartered Bank Personal Loan if you are

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    Standard Chartered Bank Personal Loan Minimum Age

    Atleast 21 years

    Standard Chartered Bank Personal LoanMaximum Age

    Less than 65 Years

     Standard Chartered Bank Personal Loan Eligible Employment Type

    Salaried or self-employed
    with regular income

     Standard Chartered Bank Personal Loan Minimum Income

    Earn more than the minimum income required


    Your Standard Chartered Bank Personal Loan amount eligibility is based on these factors

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     Standard Chartered Bank Personal Loan Minimum Salary

    Minimum income required
    annual income is S$20,000

    Standard Chartered Bank Personal Loan Maximum Loan Funded

    Maximum Loan Amount - up to 4 times your monthly income

     Standard Chartered Bank Personal Loan EMI

    EMIs of other loans lower your eligibility


    Increase your eligible Standard Chartered Bank Personal Loan amount by these steps

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     Standard Chartered Bank Personal Loan Payoff Outstanding Credit Card Bills

    Pay off your credit card bills

    Standard Chartered Bank Personal Loan Tenure

    Choose longer tenure loan up to 5 Years


    Documentation needed to apply for an Standard Chartered Bank Personal Loan

    • 1.Photocopy of NRIC
    • 2. Salaried Employee
      • Latest Computerized Payslip OR
      • CPF Contribution Statement for past 12 months OR
      • Latest Income Tax Notice of Assessment (NOA)
    • 3. Variable Income/Commission Based Earner
      • Latest 6 months Computerized Payslip OR
      • CPF Contribution Statement for past 12 months OR
      • Latest Income Tax Notice of Assessment (NOA)
    • 4. Self-Employed
      • Income Tax Notices of Assessment (NOA) for past 2 years
    • 5.Any other documents as may be requested by the Bank at its sole discretion

    Standard Chartered Bank Personal Loan DetailsUpdated on 28 Jul 2017

    Standard Chartered Bank Personal Loan Details
    Interest Rate 6.88% p.a
    Minimum Income $20,000
    Loan Tenure 5 Years
    EIR 12.75% p.a
    Annual Fee $199 (First Year)
    Guarantor Requirement No Guarantee Required

    Why choose Standard Chartered Bank personal loans?

    Listed below are the reasons why you should opt for Standard Chartered Bank personal loan:

    • Get cash loans for an interest rate of 6.88% p.a. and EIR 12.75% p.a. over a repayment period of 5 years.
    • If your loan application and approval process is completed by 2:00 pm on a weekday, your loan amount will be disbursed the very next working day.
    • The loan application and documentation process at Standard Chartered Bank is simple and easy.
    • The bank has a 24-hour hotline number to serve its customers.
    • Special offers: Apply for CashOne personal loan and get up to S$1,088 cashback. If you apply online, you can get additional S$50 cashback. The approved loan amount will be disbursed the next working day. This promotional offer starts on April 1st, 2017 and ends on June 30th, 2017.

    Types of Standard Chartered Bank Personal Loan

    Listed below are the types of personal loans offered by Standard Chartered Bank to customers in Singapore:

    • CashOne Personal Loan: This is an installment loan borrowed against the credit line of your Standard Chartered Bank Personal Credit Account or credit limit of your SCB credit card. You can borrow up to 4 times of your monthly income on your Standard Chartered Platinum Credit Card for a loan tenure of up to 5 years if your annual income is S$30,000 and above. You can get up to 98% of the credit limit on your Standard Chartered Bank Credit Card.

      You can borrow a minimum of S$1,000 under this plan and repay it in fixed monthly installments. To apply for this loan, you have to be the principal cardholders of a Standard Chartered Credit Card. If your annual income is between S$20,000 to S$29,999 and you have a credit limit of S$500 on your Standard Chartered credit card, then your credit card account will be closed upon approval of your CashOne Personal Loan.

    • Debt Consolidation Plan: You can consolidate all your unsecured outstanding loan repayments into one single account. You will also get a Standard Chartered Platinum MasterCard credit card to manage your expenses. You can get a credit limit of up to 1 times your monthly income. A Singapore citizen or Permanent Resident aged 21 to 65 years with annual income between S$30,000 to $1,20,000 and unsecured outstanding balance equal to 12 times your monthly income can apply for SCB DCP.

    Standard Chartered Bank Personal Loan Features and Benefits

    Following are the features and benefits of Standard Chartered Bank personal loans:

    • Next Day Cash: If your loan application and approval process is done by 2:00 pm on a weekday, the cash (loan amount) will be disbursed the very next working day.
    • Flexible repayment option: You can repay the loan in monthly installments over a period of 1 to 5 years.
    • Loan amount: If your annual income is between S$20,000 to S$29,999, you can get a loan amount of up to 2 times your monthly income.

    Standard Chartered Bank Personal Loan Eligibility and Documentation

    Applicants must meet the following eligibility criteria to qualify for personal loans from Standard Chartered Bank:

    • Applicant must be 21 to 65 years old.
    • The minimum annual requirement for Singaporeans and Permanent Residents is S$20,000 and S$60,000 for foreigners.

    Applicants must submit the following supporting documents when applying for personal loans from Standard Chartered Bank:

    • A copy of NRIC (both sides) for Singaporeans and Permanent Residents.
    • Employment Pass (P1, P2, and Q) and valid Passport for foreigners.
    • The latest income documents such as payslips, CPF statements, and Income Tax Assessments.
    • Rental agreement and utility bills as address proof.

    Standard Chartered Bank Personal Loan Promotions

    Following are some exciting promotional offers offered by Standard Chartered Bank:

    • CashOne Cashback: Apply for CashOne personal loan and get up to S$1,088 cashback. If you apply online, you can get additional S$50 cashback. The approved loan amount will be disbursed the next working day. For an approved loan amount above S$50,000, get 1.5% of the the approved loan amount and 1% for an approved loan amount below S$50,000. This promotional offer starts on April 1st, 2017 and ends on June 30th, 2017.
    • Next Day Cash: If you complete your loan application and approval process by 2:00 pm on weekdays, you will get the cash (loan amount) the very next working day.

    Standard Chartered Bank Personal Loan Interest Rates

    The interest rates of SC personal loan are as follows:

    Loan tenure

    Loan amount of S$14,999 and below (Annual income of S$30,000 and above)

    Loan amount of S$15,000 and above (Annual income of S$30,000 and above)

    Loan amount below S$5,000 (Annual income between S$20,000 to S$29,999)

    1st year

    AIR: 7.80% p.a.

    EIR: 16.01% p.a.

    AIR: 8.58% p.a.

    EIR: 19.34% p.a.

    AIR: 9.80% p.a.

    EIR: 27.56% p.a.

    2nd year

    AIR: 7.80% p.a.

    EIR: 15.35% p.a.

    AIR: 8.58% p.a.

    EIR: 17.76% p.a.

    AIR: 9.80% p.a.

    EIR: 23.14% p.a.

    3rd year

    AIR: 7.50% p.a.

    EIR: 14.39% p.a.

    AIR: 8.38% p.a.

    EIR: 16.63% p.a.

    AIR: 10.80% p.a.

    EIR: 22.99% p.a.

    4th year

    AIR: 7.50% p.a.

    EIR: 14.06% p.a.

    AIR: 8.38% p.a.

    EIR: 16.08% p.a.

    AIR: 10.80% p.a.

    EIR: 21.80% p.a.

    5th year

    AIR: 6.88% p.a.

    EIR: 12.75% p.a.

    AIR: 8.08% p.a.

    EIR: 15.16% p.a.

    AIR: 10.80% p.a.

    EIR: 20.92% p.a.

    Standard Chartered Bank Personal Loan Fees and Charges

    The fees, and charges of Standard Chartered Bank personal loan are as follows:

    Interest rate

    4% p.a. plus the original EIR on the outstanding balance on your credit card

    Early settlement fee

    3% of the outstanding balance or S$250, whichever is higher

    Annual fee

    S$199 for the first year and S$50 from second year onwards until the end of loan tenure

    Conversion fee

    S$50

    Late payment fee

    S$80

    How to apply for Standard Chartered Bank personal loan?

    Following are the various channels through which you can apply for a personal loan at Standard Chartered Bank:

    • Online: You can visit the bank's website to apply online for your personal loan. Fill up the online application form and submit it along with the necessary supporting documents to the bank.
    • Phone: Call the bank's customer service toll-free number 1800 747 7000 for domestic calls and (65) 6747 7000 for overseas calls to initiate the application process.
    • Online Banking: Existing customers of Standard Chartered Bank can apply for personal loans via online banking.
    • Bank branch: Visit the nearest Standard Chartered Bank branch to apply for a personal loan. Take your supporting documents with you.

    News About Standard Chartered Bank Personal Loan

    • Standard Chartered Bank all set to launch biometric technology in Asia, Africa and Middle East!

      Standard Chartered Bank customers in Asia, Africa and Middle East have a reason to rejoice as they can now access their mobile banking services without the need of any password. The bank is all set to roll out a new feature known as the “touch login” feature to its mobile service banking with just a touch through the fingerprint recognition technology that is imbedded in the device. The feature is available on both iOS and Android platforms.The feature is live in Singapore, India and United Arab Emirates (UAE). The bank will also launch a voice biometric technology for its mobile banking service in UAE and India by the end of this year.

      07th September 2016

    • Standard Chartered Cashback Promotion

      Particulars: Get up to SGD 1,088 as cashback when you apply for a personal loan from Standard Chartered Bank Singapore. You will also enjoy approval-in-principle in 60 seconds. Apart from that you will also receive an additional cashback of SGD 50 if you apply online and the annual fee of SGD 199 charged for the loan will be waived for the first year. If the loan amount is less than SGD 50,000, you will get 1.2% of the amount as cashback and if the amount is SGD 50,000 or more you will get 1.5% of the amount as cashback.

      Terms and conditions

      You will be eligible for this promotion only if your loan application is approved by the bank. The maximum amount that you can get as cashback is SGD 1,088. Others terms and conditions may apply.

    • Standard Chartered Personal Loan Promotion

      Enjoy cashback of up to SGD 888 or 1.2 percent when you apply for a CashOne personal loan from Standard Chartered Bank in Singapore. Apart from that, you will get cash back of SGD 199, the annual fee charged for the loan for the first year. You will also enjoy approval-in-principle in a minute (60 seconds).

      Please contact the bank to know about the applicable terms and conditions.

    • Standard Chartered bank’s mobile banking app, Dash, is now available on Lazada

      Dash, the mobile banking app from Standard Chartered Bank, now available on Lazada. This mobile banking app was launched by the bank in the Lion City in collaboration with Singtel. This app can now be used when shopping with the online retailer Lazada, who is the first e-commerce partner of this app. This collaboration between Standard Chartered Bank and the retailer Lazada has been facilitated by helloPay, which is a fin-tech platform powered by the Lazada group. Lazada is one of the most popular online shopping website in Singapore and it offers a wide range of products to the customers.

      At present, customers can enjoy cash back of 5 percent on all the purchases made on Lazada with the help of the Dash app. This is an introductory offer that will be available till the end of the year i.e. 31 Dec, 2015. In order to avail this facility and to make payments with the Dash app on Lazada, customers need to select the helloPay option at first when they checkout, then choose Dash as the payment portal and then log in to the portal with their PIN and mobile number for making the payment. Standard Chartered bank and Lazada have now launched a promotional campaign to make this collaboration popular with the consumers.

      05th October 2015

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