Standard Chartered offers 5.5% EIR Personal Loan promotion

Standard Chartered is offering special interest rates for Personal Loans from now until 30 June 2022.

Customers who apply for a Personal Loan with Standard Chartered can enjoy savings with 5.50 per cent effective interest rate and a 75 per cent discounted processing fee ($50 only from $200).

To take advantage of this offer, the minimum approved loan amount must be at least $10,000 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.”

To find out more about Standard Chartered’s loan facilities, visit the bank’s website at or email You can also follow Standard Chartered on Facebook and Instagram for updates.

This article was first published on 19 February 2022 in our Weekly E-Paper issue 181 | More stories here


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