Standard Chartered Bank (SCB) Personal Loan Eligibility Calculator JAN 2017 – Calculate EMI Online

 

(Updated on 02.01.2017) Standard Chartered Personal Loan Eligibility Calculator JAN 2017 – Get Instant Quick & Easy Approval on Standard Chartered Personal Loan. Loansninsurances.com provide a simple tool to calculate your Personal Loan ✓ Eligibility ✓ Monthly EMI ✓ Loan Amount ✓ ROI ✓ Principal Amount ✓ Total Interest & more online.

Interest Rate 11.99% onwards Processing fee 2% processing fee (50% discount for online applicant) Loan Amount Min. 10 lakhs & Max. 30 lakhs Tenure Upto 60 months

STANDARD CHARTERED BANK PERSONAL LOAN – QUICK, EASY & INSTANT APPROVAL ONLINE

Professional Details
Loan Amount
Occupation
Yearly Income
City
Disclaimer: We do not provide Personal Loans but help you to connect with banks to get best deals.
All loans are on sole discretion on the respective banks

Standard Chartered Bank Personal Loan is extensively popular for its customer friendly features & competitive interest rates on personal loans. Standard Chartered Personal Loan amount can be repaid through ECS, PDCs or Account Debit & the existing Standard Chartered Personal Loan can be topped up with ease. Check out your eligibility for the perfect personal loan with Standard Chartered Personal Loan Eligibility Calculator. Grab the best personal with easy documentation & quick processing.

Standard Chartered Bank Home Loan can also be availed by salaried & self-employed customers with a wide range of tenure and at tempting semi-fixed rate.

A minimum eligibility criteria for opting a personal loan at Standard Chartered Bank, age should be in between 21 to 58 years, minimum 1 year job experience, at least 1 year reside or lives in current city.

Document required for opting a personal loan is filled up loan application form, passport size photo, pan card, identity proof. address proof, 1 year form 16, last 3 months salary slip, 3 months bank statement.

Standard Chartered Personal Loan Prepayments:

  • Pre-payment is possible only after 12 months has lapsed from the date of loan disbursal.

  • You Pre-pay 21 banking days after your written notice.

  • Charges applicable as per bank’s norms.

STEPS: HOW TO CALCULATE STANDARD CHARTERED PERSONAL LOAN EMI

Just by entering the following inputs in the EMI calculator, you will get an indicative amount of EMI:

✓ Intended loan amount in INR
✓ Number of years you wish to pay in months or year.
✓ Interest rate, which you have opted for personal loan in percent

By entering these values, you can get an indicative amount of your EMI. For an example, a loan amount of ₹ 3,25,000 @ interest rate of 15 % per annum for the period of 36 months (3 Years) would indicate an EMI of ₹ 11266.23 per month.

The formula for EMI (in arrears) is:
emi-calculator

Where E is EMI, P is Principal Loan Amount, r is rate of interest calculated on monthly basis. (i.e., r = Rate of Annual interest/12/100. If rate of interest is 10.25% per annum, then r = 10.25/12/100=0.00854)

n stands for loan terms

Standard Chartered Personal Loan EMI Calculator

Fill Loan Amount, Interest rate & Tenure in Fields & get Instant Calculation for Personal loan emi within seconds.
Loan Amount
Interest Rate (Reducing) % Per Annum
Loan Tenure (in Months)
 
Monthly EMI
Total Amount with Interest
Flat Interest Rate PA
Flat Interest Rate PM
Total Interest Amount
Yearly Interest Amount

STANDARD CHARTERED PERSONAL LOAN TRENDS JANUARY 2017

User searches for Standard Chartered Login up +150% in past week – 25.09.2016
User searches for Standard Chartered Bank Personal Loan up +40% in past week – 25.09.2016
User searches for Standard Chartered Bank up +40% in past week – 15.09.2016
User searches for Standard Chartered Bank Online up +50% in past week – 30.09.2016

If a customer opting Personal Loan of an amount ₹ 4,00,000, interest rate given by Standard Chartered Bank is 14.5% for 3 years loan term. Now customer have to check what will be the exact emi, total interest amount per year, total outstanding amount per year & more.

Loan Amount Tenure Interest Rate Loan EMI
₹ 4,00,000.00 36 months (3 years) 14.5% ₹ 13768.39

YEARLY CALCULATED VALUES FOR STANDARD CHARTERED BANK PERSONAL LOAN AMOUNT OF Rs. 4,00,000 @ INTEREST RATE OF 14.5% FOR 3 YEARS (36 MONTHS)

YEAR PRINCIPAL AMOUNT INTEREST AMOUNT TOTAL OUTSTANDING
1 RS. 114,637 RS. 50,579 RS. 285,363
2 RS. 132,412 RS. 32,804 RS. 152,951
3 RS. 153,116 RS. 12,278 RS. 0