Standard Chartered’s personal loan starts at BDT 50,000 and goes up to BDT 20 lakh (৳2,000,000), repaid in equal monthly instalments over 12 to 60 months. Many personal loans in Bangladesh start at BDT 1 lakh or 2 lakh, so this one suits mid-sized needs such as a laptop, a medical procedure or a semester’s fees.
Why we recommend the Standard Chartered Personal Loan
Speed is a real strength. Once the documents are complete, the bank commits to disbursing within two working days for its payroll clients and within five for everyone else, a timeline that matters in an emergency.
The loan stays flexible after it is granted. Regular repayments open the door to a top-up during the tenure, and a personal loan from another bank can be transferred and consolidated under one EMI.
You do not need an account with Standard Chartered to repay. The EMI is collected from any bank through BEFTN, so there are no post-dated cheques and no monthly trip to a branch. An optional insurance policy with 200% coverage can also be added: it settles the balance and pays the family the same amount again in case of death or permanent disability.
Author’s opinion
We would point this loan to salaried employees who need a modest amount quickly and value a fixed timeline. Net income thresholds are BDT 26,000 a month for payroll clients, BDT 35,000 for those paid through another bank and BDT 55,000 for business owners and the self-employed.
The interest rate is not published on the product page; the calculator shows an illustrative figure and the real one is confirmed at approval. Coverage is centred on Dhaka, including Narayanganj, and Chattogram, and loans above BDT 5 lakh need a personal guarantee.
If you plan a transfer, get the early settlement figure from your current bank and compare the total cost, processing fee included, before switching.
I want to learn more about the Standard Chartered Personal Loan!
The next page has the eligibility rules, documents, fees and the link to apply on Standard Chartered’s official website. Tap the button below.
Photo: Shkuru Afshar · CC BY-SA 4.0 · Wikimedia Commons
