Standard Chartered Credit Extra: Personal Loan Opportunities

This blog isn’t all about investment topics, it has also topics related to a personal loan or business loan. Standard Chartered Philippines can help Filipinos to obtain a personal loan and there are lot of benefits to get.

If you want to borrow money from the banks here in the Philippines, make Standard Chartered credit extra as one of your choices. There are different banks offering car loan, business loan or even housing loan. This time, let us just discuss personal loan opportunities at Standard Chartered.

Benefits of Standard Chartered Credit Extra

Don’t just borrow money, make sure the lender or the bank will give you lot of benefits such as low interest rates, easy repayment terms, no collateral or no deposit requirements, hassle free processing, etc.

1. For as low as 1.28% per month interest rate or an equivalent of P34 for every P1,000 loaned amount is available at Standard Chartered personal loan.
2. You can borrow money at Standard Chartered as much as P20,000 to P20,000,000 with easy repayment terms available up to 48 months.
3. Exclusive door to door pick up service, you can apply a loan within your office or home conveniently.
4. Personal proceeds can be directly deposited to your personal bank account.
5. Experience good finance management with Standard Chartered Payment Holiday Feature: installment begin after 30 days.

Standard Chartered Credit Extra: Personal Loan Qualifications

Must be a Filipino citizen or a foreigners that are residing in the Philippines, at least 21 years old but not more than 65 years old upon loan maturity. The loan applicant must be employed or self-employed. If you wish to apply a loan at Standard Chartered personal loan, you should earning a minimum gross annual income amounting to Php 290,000. You should also have an existing credit card issued by other banks in the Philippines.

A loan applicant is qualified if is home or business address are accessible to any branch of Standard Chartered. Some SC Bank’s service regions are NCR, Baguio City, Batangas, Bulacan, Cavite, Cebu, Davao City, Laguna, Pampanga, Rizal, Tagaytay City.

To qualify for this personal loan, you must have telephone landline or an active mobile phone number at home or business address.

Standard Chartered Credit Extra Loan Application Requirements 

If you think you are qualified to apply a personal loan at Standard Chartered, you should prepare the necessary required documents before you apply, and here are the application requirements;

• Latest Income Tax Return (BIR Form 2316, BIR Form 1701)
• Original copy of certificate of employment
• 1 Photocopy of valid ID’s such as passport, driver’s license, TIN ID, NBI clearance, SSS or GSIS ID, PRC ID or any government ID’s.
• For foreign applicants, work permit or Alien Certificate of Registration, photocopy of Visa stating Visa’s validity or a photocopy of Special Investor’s Resident Visa Holder), a foreign applicant must be physically residing in the Philippines for a term of one year or more. The  maximum loan term of foreign applicant should be up to the period of his Visa’s validity
• ID’s should show your full name, clear photo, signature and name of the company