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What is Standard Chartered Personal Loan Pre Closure Charges?

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0 2024-05-13T11:09:57+00:00
I had to take a personal loan for some emergency family medical expenses. That is when I had enquired about Standard Chartered personal loan pre closure charges. After making all 12 EMI payments, you can prepay your loan with 5% pre closure fees at any time by giving the bank 21 days' notice.

What are Standard Chartered Bank Personal Loan Preclosure Charges?

As I already mentioned, 5% which we can pay after 12 EMI payments. With online applications, you can obtain a personal loan at a reasonable interest rate and a discounted processing charge of up to 2.25% of the loan amount. In addition to the necessary paperwork fees, there is an upfront processing fee that can not exceed 3% of the loan amounts. When the loan is disbursed, this fee will be subtracted from the total amount. Now that you know Standard Chartered personal loan preclosure charges, I will tell you the benefits of taking a personal loan from Standard Chartered.
  1. Anytime you need money, even in an emergency, you can get an immediate personal loan online.
  2. Applications for personal loans are completely paperless and just need the bare minimum of paperwork.
  3. Smooth interest rates and savings on loan application processing expenses are available from Standard Chartered for personal loans.
  4. Take advantage of their adjustable terms and pay back Standard Chartered Bank at any point during the course of 12 or 60 months.
  5. Their personal loans include a part-payment option that can be used after paying at least 12 EMIs, up to a maximum of 25% of the total amount owed in a year.
I hope now you know what are the personal loan preclosure charges Standard Chartered. Get Upto ₹10 Lacs Instantly in Your Bank Account With NoBroker Personal Loan Service. Read More: What are the ICICI Personal Loan Preclosure Charges?
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