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Bank launches lowest, flexible interest rates on personal loans

Standard Chartered Bank is offering the lowest and flexible interest rates from now until September 30.

Customers applying for a personal loan can enjoy savings with as low as five per cent effective interest rate with a 100-per-cent processing fee waiver. The offer requires an approved loan amount of at least BND50,000 with a minimum tenor of three years, applicable to all types of personal loans, including reloans and balance transfers from other financial institutions.

Customers applying for a new credit card along with their personal loan applications will be eligible for a perpetual annual fee waiver for credit card upon approval.

Head of Retail Products and Digital Aisah Razali said, “Our promotional personal loan offer has the lowest interest rates and are the most flexible in the market currently, making it extremely affordable for our clients who are looking for cheaper financing options to help with their immediate cashflow needs. In addition to fast and easy application, we aim to provide our clients with value added solutions to achieve their financial goals.”

PHOTO: ENVATO
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