The Standard Chartered Bank is India’s largest international bank with 99 branches in 42 cities. The bank operates in some of the world’s most dynamic markets. It prides itself on being able to provide excellent services with truly global capabilities. Forming part of the bank’s product and services suite is the Standard Chartered Home Loan.
This is a home loan with easy repayment terms. Loans repayments are also provided at fixed rates. This benefits clients as it gives them the peace of mind knowing that they have a consistent instalment to repay at the end of the month. A one-time processing fee is charged.
The Standard Chartered Home Loan can be used to purchase a property that is already existing or one under construction. You can also use the finance from the loan to renovate or extend your home. Loans can be tailored to suit your individual needs. By using the eligibility calculator you are able to work out if you will be able to afford the loan or not. After applying you can get a decision on your mortgage application in 5 days or less.
If you qualify, you will be able to repay the home loan within 5 to 20 years.
Existing home loan customers can get a Top Up loan facility. This gives them access to more funds if they have been making payments for more than 6 months.
What to consider when buying a home:
Affordability. It’s often wise to use the affordability calculator and to realistically assess your credit history.
Saving. Save more than the required deposit.
Challenge yourself. Set a deadline for yourself.
Be wise. Use your home loan wisely. Pay for your purchase or for renovations without wasting any finance.
Clear credit. Maintain a clear credit record by making payments on time
Apply for a Standard Chartered Home Loan here: https://www.sc.com/in/borrow/home-loans.html
Online loan calculator.