Standard Chartered is offering special interest rates for Personal Loans from now until June 30.
Customers who apply for a personal loan with Standard Chartered can enjoy savings with a 5.50 per cent effective interest rate and a 75-per-cent discounted processing fee (BND50 only from BND200).
To take advantage of the offer, the minimum approved loan amount must be at least BND10,000 with a minimum tenor of two years and is applicable to all types of personal loans including reloans and balance transfers from other financial institutions.
Additionally, the first 100 customers applying for personal loans during the promotion period will be eligible to receive gift vouchers upon approval of their loan application.
Head of Retail Products and Digital Jacky Teo said, “Our promotional personal loan effective interest rate of 5.50 per cent is almost equivalent to 2.915 per cent flat rate depending on the tenor and loan amount making it extremely affordable for our clients looking for cheaper financing options for their immediate cashflow needs.
“In addition to fast and easy application, we aim to provide our clients with value added solutions to cover their financial needs.”