Financial flexibility and accessibility are crucial, especially in today’s fast-paced environment, said Standard Chartered Head of Retail Products and Digital Aisah Razali.
She said this as Standard Chartered launched a new Personal Loan campaign designed to provide customers with greater financial flexibility and value.
“Whether customers are looking to consolidate debt, fund significant life events or manage unforeseen expenses, this campaign was thoughtfully tailored to help our customers achieve their unique needs and aspirations,” she added.
The campaign, running until April 30, offers two flexible interest rates following approved total combined values and is applicable to all types of personal loans including reloans and balance transfers from other financial institutions.
Customers will enjoy the interest rate of 5.5 per cent EIR and a cash rebate of one per cent of their approved personal loan(s) if their total combined value applied during the promotion period is at minimum of BND50,000 whereas customers who apply below BND50,000 will enjoy an interest rate of six per cent EIR.
Meanwhile, customers who apply for a new credit card along with their personal loan applications, will be eligible for a perpetual annual fee waiver for their credit card upon approval of their applications.