Standard Chartered Personal Loan EMI Calculator

Standard Chartered Bank Personal Loan Calculator

Lowest EMI on Standard Chartered Bank Personal Loan - Rs. 2,199 per lakh
Last Updated 18th Nov 2016
Loan Tenure
Loan Amount (Rs.) 2 Years 3 Years 5 Years
100,000 Rs. 4,684 Rs. 3,297 Rs. 2,199
300,000 Rs. 14,051 Rs. 9,891 Rs. 6,596
500,000 Rs. 23,418 Rs. 16,486 Rs. 10,994
1,000,000 Rs. 46,836 Rs. 32,971 Rs. 21,988

Standard Chartered Bank Personal Loan EMI Calculator Jan 2017

Factors affecting Standard Chartered Personal Loan EMI

  • Borrower age should be between 23 years to maximum 58 years.
  • Maximum personal loan amount offered by Standard Chartered Bank is upto Rs. 1,500,000.
  • Interest rates range from 11.49% to 20.00% depending upon customer profile, loan amount and other factors.
  • Processing fee in Standard Chartered Bank may be 0.50% to 1.00% of loan amount.
Standard Chartered Bank Personal Loan EMI Calculator
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Standard Chartered Personal Loan EMI

  • Personal Loan EMI (or equated monthly installment) is a fixed amount of money paid by you to Standard Chartered Bank against the loan taken. This is towards repayment of your loan to the bank. Every month, it is due on a fixed day of the month till your loan is fully paid back.
  • With Standard Chartered Bank offering Personal Loans with loan tenure upto 5 years, the loan EMI can be as low as Rs. 2199 per lakh, to make it more affordable and convenient to meet your personal needs. Rate of interest offered by Standard Chartered Bank are as low as 11.49%.
  • This EMI consists of both interest payment and principal repayment. Though the EMI amount will remain constant, the principal component keeps increasing and on the other hand the interest component keeps reducing.

Standard Chartered Bank Personal Loan EMI Calculator Formula

P*r* (1+r)^n/([(1+r)^n]-1)
Here is an illustration of how Standard Chartered Bank Personal Loan EMI is calculated:
In above formula,
P = Loan amount. This can range from Rs. 100,000 to Rs. 1,500,000
r = Rate of interest per month. Current rate is 11.49%
n = tenure in month. For Standard Chartered Bank, this can be 60 months

Standard Chartered personal loan EMI calculator - How it works?

  • This calculator calculates EMI considering a combination of loan amount, interest rate and loan tenure.
  • This calculator considers “reducing balance basis” and assumes that payment of EMI is made in arrears (means interest is charged for the month preceding the EMI payment date) and not in advance.

Personal Loan EMI - EMI Changes in case of prepayment

    In case you prepay your personal loan, the outstanding balance on your personal loan reduces. Standard Chartered gives you two options:
  • Reduce your loan tenure and keep your personal EMI same
  • Reduce the amount of EMI and keep your loan tenure same
  • It is better to keep the EMI constant and reduce the loan tenure as you pay less interest to the Standard Chartered in this option.

Frequently Asked Questions on Standard Chartered EMI Calculator

What is the lowest EMI per lakh offered by Standard Chartered Bank on personal loan?

Standard Chartered Bank offers personal loan at 11.49% interest rate and hence lowest EMI on per lakh loan amount is Rs. 2,199.

Can I prepay my Standard Chartered Bank personal loan?

Standard Chartered Bank offers you an option of prepayment after 12 months at prepayment charges may apply.

Is there any processing charge on personal loan from Standard Chartered Bank?

Personal Loan from Standard Chartered Bank charges a processing fee of 0.50% to 1.00%.

Standard Chartered Bank Personal Loan EMI Calculator Customer Care Number, Email, Application Status, Branches

City Customer Care Number
Agra 0522-6601444/ 0522-3940444, customer.care@sc.com
Ahmedabad 079-66014444/ 079-39404444, customer.care@sc.com
Ambala 0183-6601444/ 0183-3940444, customer.care@sc.com
Anand 079-66014444/ 079-39404444, customer.care@sc.com
Aurangabad 0712-6601444/ 0712-3940444, customer.care@sc.com
Bangalore 080-66014444/ 080-39404444, customer.care@sc.com
Bhilai 1800-345-1000, customer.care@sc.com
Bhilwara 0141-6601444/ 0141-3940444, customer.care@sc.com
Bhiwadi 0712-6601444/ 0712-3940444, customer.care@sc.com
Bhopal 0755-6601444/ 0755-3940444, customer.care@sc.com
Bhubaneswar Cuttack 0674-6601444/ 0674-3940444, customer.care@sc.com
Bikaner 0141-6601444/ 0141-3940444, customer.care@sc.com
Chandigarh 0172-6601444/ 0172-3940444, customer.care@sc.com
Chennai 044-66014444/ 044-39404444, customer.care@sc.com
Cochin 0484-6601444/ 0484-3940444, customer.care@sc.com
Coimbatore 0422-6601444/ 0422-3940444, customer.care@sc.com
Dehradun 1800-345-1000, customer.care@sc.com
Delhi 011-66014444/ 011-39404444, customer.care@sc.com
Durg 1800-345-1000, customer.care@sc.com
Faridabad 0183-6601444/ 0183-3940444, customer.care@sc.com
Gandhinagar 079-66014444/ 079-39404444, customer.care@sc.com
Ghaziabad 0522-6601444/ 0522-3940444, customer.care@sc.com
Goa 1800-345-1000, customer.care@sc.com
Greater Noida 011-39404444/ 011-66014444, customer.care@sc.com
Gurgaon 011-39404444/ 011-66014444, customer.care@sc.com
Guwahati 1800-345-1000, customer.care@sc.com
Gwalior 0755-6601444/ 0755-3940444, customer.care@sc.com
Hyderabad 040-66014444/ 040-39404444, customer.care@sc.com
Indore 0731-6601444/ 0731-3940444, customer.care@sc.com
Jabalpur 0755-6601444/ 0755-3940444, customer.care@sc.com
Jaipur 0141-6601444/ 0141-3940444, customer.care@sc.com
Jalandhar 0181-6601444/ 0181-3940444, customer.care@sc.com
Jodhpur 0141-6601444/ 0141-3940444, customer.care@sc.com
Kanpur 0512-6601444/ 0512-3940444, card.services@sc.com
Karnal 0183-6601444/ 0183-3940444, customer.care@sc.com
Kolhapur 0712-6601444/ 0712-3940444, customer.care@sc.com
Kolkata 033-66014444/ 033-39404444, customer.care@sc.com
Kota 0141-6601444/ 0141-3940444, customer.care@sc.com
Kozhikode 1800-345-1000, customer.care@sc.com
Lucknow 0522-6601444/ 0522-3940444, customer.care@sc.com
Ludhiana 0161-6601444/ 0161-3940444, customer.care@sc.com
Madurai 044-66014444/ 044-39404444, customer.care@sc.com
Meerut 0522-6601444/ 0522-3940444, customer.care@sc.com
Mehsana 079-66014444/ 079-39404444, customer.care@sc.com
Mohali Sas Nagar 0172-6601444/ 0172-3940444, customer.care@sc.com
Mumbai 022-66014444/ 022-39404444, customer.care@sc.com
Mussoorie 1800-345-1000, customer.care@sc.com
Nagpur 0712-6601444/ 0712-3940444, customer.care@sc.com
Nashik 0712-6601444/ 0712-3940444, customer.care@sc.com
Noida 011-39404444/ 011-66014444, customer.care@sc.com
Noida Extn. 011-39404444/ 011-66014444, customer.care@sc.com
Panipat 0183-6601444/ 0183-3940444, customer.care@sc.com
Patna 0612-6601444/ 0612-3940444, customer.care@sc.com
Pondicherry 1800-345-1000, customer.care@sc.com
Pune 020-66014444/ 020-39404444, customer.care@sc.com
Raipur 1800-345-1000, customer.care@sc.com
Rajkot 0281-6601444/ 0281-3940444, customer.care@sc.com
Ranchi 1800-345-1000, customer.care@sc.com
Rohtak 0183-6601444/ 0183-3940444, customer.care@sc.com
Roorkee 1800-345-1000, customer.care@sc.com
Salem 044-66014444/ 044-39404444, customer.care@sc.com
Shimla 1800-345-1000, customer.care@sc.com
Sonepat 0183-6601444/ 0183-3940444, customer.care@sc.com
Surat 0261-6601444/ 0261-3940444, customer.care@sc.com
Trichy 044-66014444/ 044-39404444, customer.care@sc.com
Udaipur 0141-6601444/ 0141-3940444, customer.care@sc.com
Vadodara 0265-6601444/ 0265-3940444, customer.care@sc.com
Varanasi 0522-6601444/ 0522-3940444, customer.care@sc.com
Vijaywada 1800-345-1000, customer.care@sc.com
Vizag 1800-345-1000, customer.care@sc.com
Standard Chartered Personal Loan EMI Calculator News - Jan 2017
21st Dec 16 Standard Chartered Private Equity invests in IFMR Capital
Standard Chartered PE invests Rs. 340 crore in IFMR Capital Pvt. Ltd., a Chennai based non banking financial company. The funding will help the company in expanding its lending business in the segments of affordable housing finance, micro finance, small business loans, vehicle loans and agricultural loans.
04th Aug 16 Standard Chartered India loss narrows to 25 million dollar in H1
Standard Chartered Bank narrowed its losses in India to 25 million dollar in the first six months of 2016. The bank earned 25 million dollar loss in the first half of this year which is lower than the 276 million dollar loss it reported in the corresponding period last year. Globally, however, the bank earned a 1 billion dollar profit with 13% drop in operating cost in the first half of the current year.
06th Jun 16 Standard Chartered to hire people to build up retail lending segment
Standard Chartered Bank plans to step up recruitment in India in the next few quarters as part of efforts to build up the lucrative but competitive retail lending segment to return to growth. The new staff will be mostly from rivals with experience in front end operations to help build relationships quickly, launch new products and get new clients in areas like wealth management. The bank plans to expand the its retail book with mortgages, personal loans and lending to small entrepreneurs through its network of branches in India. The bank will also invest in technology in the front and back ends, especially in mobile and online banking as part of this retail thrust.
09th Mar 16 Standard Chartered makes retail banking paperless
Standard Chartered Bank announced the global launch of a digital tablet-based sales-and-service tool that brings the bank to clients. Seamlessly integrated with the Bank back end infrastructure, Retail Workbench will allow sales staff to open an account for a client in any location and makes banking services like loan approvals and credit card issuance fast, simple and completely paperless. Retail Workbench is now going live in six markets in Malaysia, India, the UAE, Bangladesh, Nigeria and Kenya and is a part of the bank last year announcement that it will invest 1.5bn dollar in technology over three years
24th Feb 16 StanChart India posts Rs 6729 Cr loss
Standard Chartered Bank, one of the largest foreign banks in India, has posted a loss in 2015 due to rising bad loans and slow growth in loans and deposits
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