From now until December 30, 2022, Standard Chartered is offering Property Term Loan solutions for its business banking clients looking to purchase or construct new or refinance existing property for business purposes.
Clients are eligible for the offer when they apply for a new property term loam with a minimum tenor of 10 years and minimum loan amount of BND250,000. Clients can choose from three offer packages according to their financial needs:
Offer A: Interest rate at 4.99 per cent EIR and Subsidy one per cent for loan amount of BND250,000 to BND499,999.
Offer B: Interest Rate at 4.25 per cent EIR with Free partial / full prepayment after five years for loan amount of BND500,000 and above
Offer C: Interest rate at 4.5 per cent EIR and Subsidy of two per cent for loan amount of BND500,000 and above.
Head of Consumer, Private and Business Banking Jocelane Basir said, “We understand the need for flexible financing solutions for our business clients seeking to expand and grow their business. As each client and business is unique, so are their business priorities and financial needs and we aim to provide such tailored solutions for our clients to enable them to achieve their business priorities.”