Standard Chartered Bank Home Loan
Standard Chartered Bank Home Loan
Standard Chartered Bank Home Loan
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Standard Chartered Bank Home Loan EMI Calculator
Your Monthly EMI
₹ 77,530
Total Principal
₹ 1,00,00,000
Total Interest
₹ 86,07,174
Total Payable
₹ 1,86,07,174
Standard Chartered Bank Home Loan Key Highlights
Loan Amount Up to Rs. 35 crores
Rate of Interest Starts at 8.75% per annum
Processing Fee 0.50% to 1% of the loan amount
Maximum Tenure for Repayment 35 years
Rate Packages Floater/ Fixed
Charges for Prepayment/Foreclosure Floater: Nil | Fixed: 2.5% of the outstanding principal
Standard Chartered Bank Home Loan Interest Rates in 2026
Both salaried and self-employed borrowers can apply for hassle-free home loans from Standard Chartered Bank at attractive interest rates that start at 9.25% - 11.50% per annum. It may go up depending on the plan chosen by the applicant and their repayment capacity and tenure.
| Loan Slab | Interest Rate for Home Loan |
|---|---|
| Floater Plan (For Salaried) | Starting at 8.75% per annum |
| Floater Plan (For Self Employed) | Starting at 8.75% per annum |
| Fixed Plan (For Salaried) | Starting at 8.75% per annum |
| Fixed Plan (For Self Employed) | Starting at 8.75% per annum |
Standard Chartered Bank Home Loan Eligibility Criteria
Both salaried and self-employed applicants can get easy home loan approvals from SCB. The Standard Chartered Bank home loan eligibility criteria are based on age, nationality, work experience, and minimum experience. The table below highlights all the main eligibility criteria for Standard Chartered Bank home loans:
For Salaried Individuals
Age Range (in years)
23 - 63 Years
Nationality
Indian Resident
Minimum Income Earned
Rs. 6 lakhs per annum
For Self-Employed Individuals
Age Range (in years)
23 - 70 Years
Nationality
Indian Resident
Minimum Income Earned
Rs. 6 lakhs per annum
Standard Chartered Bank Home Loan Processing Fee and Charges
Standard Chartered home loan processing fee is between 0.50% to 1% of the loan amount. Apart from this, the bank also has some other charges related to home loans, like conversion charges, foreclosure charges, penal interest, and EMI or cheque bounce charges. The table below highlights the fees levied by Standard Chartered Bank on housing loan schemes:
| Processing Fee | Up to 1% of the loan amount |
| CERSAI Charges | As per actuals |
| EMI/ Cheque Bounce Charges | Rs. 495 per instance |
| Conversion Charges | Up to 1% of the outstanding principal |
| Penal Interest or Late Fee Charges | 24% per annum |
| Foreclosure/ Prepayment Charges | Floater: Nil Fixed: 2.5% of the outstanding principal |
Standard Chartered Bank Home Loan Schemes and Top Plans
Standard Chartered Bank offers smart home loan schemes to meet the needs of varied homeowners. Have a look at the popular Standard Chartered housing loan schemes:
- Home loan scheme with a faster repayment option
- Up to 2% cashback based on the applicant’s repayment history
- Maximum loan repayment tenure of up to 25 years
- Maximum loan amount of up to Rs. 35 crores
- The best way to take care of all your insurance needs, as it contains a householder package or mortgage reduced term assurance
- An amazing combo of a home loan, credit card, and a savings or current account
- Credit card comes with a perpetual annual fee waiver
- Lower interest rates
- Flexible balance transfer option
- Interesting top-up facility available
- Offered with a complimentary international debit card
- Maximum loan amount of up to 70% of the property value
- Applicable both for residential and commercial properties
- Flexible loan repayment options
* Note: All of the above home loan plans are made available to applicants solely at the discretion of Standard Chartered Bank Home Loan, taking into consideration the earning and repayment capacity of the applicant.
Documents Required for Standard Chartered Bank Home Loan
To get a home loan from Standard Chartered Bank, you must submit a set of KYC documents to prove your age, nationality, employment, address, and other similar parameters. Here is the list of Standard Chartered home loan documents required for your reference:
| Proof of Income |
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| Other Required Documents |
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| Proof of Income |
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| Other Required Documents |
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| Identity & Address Proof |
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| Documents Related to Property |
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Apply Home Loan Through BASIC Home Loan
The procedure for a Standard Chartered Bank home loan apply is quite simple and can be proceeded in the following manner:
Apply Now on the BASIC Website
Proceed to the 'APPLY NOW' section on the BASIC Home Loan website.
Enter Your Details and Submit
Fill in the form by entering your name, contact number, and other required details, and submit the form.
Our Expert Will Reach Out to You
A BASIC Home Loan team representative will connect with you shortly to assist you through the entire home loan application process.
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