Standard Chartered Bank Home Loans

Standard Chartered Bank has acquired American Express Bank and this deal has given the bank to have additional branches by giving Branch Licenses in India. The first overseas branch of standard chartered was opened in Kolkata on 12th April 1858, as the city was the most happening commercial hub at that time. The administration and direction to branches and sub branches in India at present are done from Mumbai where as Kolkata is an important trading and banking center.The products given are

  • Personal banking

  • SME banking

  • Commercial banking

  • Feature products covering-VISA Money Transfer,Cash Back,Rewards Plus are given to the customers of Standard Chartered

Personal banking gives the facility of different kinds of loans, debit card, credit cards, insurance, NRI services, investment services, visa card home loans etc. There are three personal banking plans offered by Standard Chartered:

  • Private Banking

  • Priority Banking

  • Excel banking

Under personal banking Gold Debit Card is available at a special annual subscription of Rs. 499. Many utility bills can be paid online with credit cards of Standard Chartered. The additional feature of 10% cash back is present for each payment. You can open saving account, current account, 2-in-1 account, demat account, term deposit account and smart pay account with Standard Chartered. 2-in-1 account is a combo package that gives you the facility of linking your fixed deposit with current or saving account.

SME banking is Small and Medium Enterprise banking that helps to grow your business. Any self-employed person, self-proprietor or proprietorship firm, partnership firm, Pvt ltd. companies and listed public limited companies can take help from this loan. This gives the facility of over drafting, export services, import services etc.

Standard Chartered offers different types of Loans to public.

  • Home Loans

  • Personal Loans

  • Loan against your property

  • Finance Against Securities

  • Finance Against your Term Deposit

For Home Loans there are no hidden charges. You can take home loan to purchase a plot, constructed house/flat, plot under construction and loan for home extension or renovation. There are different rules to give loans to salaried and self-employed person with tenure ranges from 5-20 years. No guarantor is required while availing a home loan from Standard Chartered bank. Standard Chartered Personal loans are available at low interest rate with a loan amount from Rs. 50,000 to Rs. 15,00,000. This requires no security or guarantors. You need to give identity proof, address proof and financial documents to avail this loan from Standard Chartered India Bank. Loan against property can be taken against residential as well as commercial property. High loan amount can be taken with no securities and guarantors.

Under Insurance, Standard Chartered covers General and Life Insurance.The official website of Standard Chartered gives whole information on different types of loans, net banking and services they provide. This bank has come up with Electronic Clearing System, which will debit your Credit Card Bill automatically from your saving account. The net banking facility or online services helps the customer to operate his account online. Login ID/Card number and Password is required to use this service of Internet Banking. For any assistance any of their representative can be contacted through phonebanking and cards helpline. The bank is very professional while providing customer services.You can always check their website for any banking need and query. You can locate branches of bank across the world in this website.