Standard Chartered Bank Nepal Personal Loan interest rate 2083
Standard Chartered Bank Nepal's personal loan is priced at 8.12%–8.62% effective in Bhadra 2083: a 4.12% base rate plus a 4%–4.5% premium. That ranks 11th cheapest of the 13 commercial banks we track for this product. On Rs. 10 Lakh over 60 months the EMI is about Rs. 20,334, plus a 1% processing fee.
- Effective rate
- 8.12% – 8.62%
- Base rate
- 4.12%
- Premium
- 4% – 4.5%
- Processing fee
- 1%
- Maximum tenure
- 60 months
- Rank by rate
- 11 / 13
- Rates effective
- Bhadra 2083
Effective from: 1 Bhadra 2083Source: av.sc.com/np/content/docs/np-interest-rate.pdf
Standard Chartered Bank Nepal Personal Loan: effective rate 8.12%, EMI from Rs. 20,334 per month. Compare with 12 other banks.
Rate breakdown
Base rate
4.12%
Premium
4%–4.5%
Effective rate
8.12%–8.62%
Fixed
9.25%
- Processing fee
- 1% (Min Rs. 1,000)
- Prepayment penalty
- 1.8%
- Fixed-rate terms
- Up to 5 years
- Loan amount
- Rs. 1 Lakh – Rs. 50 Lakh
- Tenure
- 12 – 60 months
- Max financing
- —
- Age
- 21 – 65 years
Highlights
- No collateral for salaried
- Disbursement in 3 to 7 days
- Flexible use
Who is eligible
Salary account with the bank or salary certificate from a registered employer required.
Documents you will need
- Citizenship certificate (copy)
- 2 passport-size photos
- Latest 6 months bank statement
- PAN card
Standard Chartered Bank Nepal Personal Loan FAQ
What is Standard Chartered Bank Nepal's current Personal Loan interest rate?+
Standard Chartered Bank Nepal's Personal Loan floating rate is base rate 4.12% plus a premium of 4% to 4.5%, giving 8.12% to 8.62% effective from Bhadra 2083.
What is the EMI on a Rs. 10 Lakh Personal Loan from Standard Chartered Bank Nepal?+
At 8.12% over 60 months, the EMI is roughly Rs. 20,334. Use the calculator above to change the amount or tenure.
Can I prepay a Standard Chartered Bank Nepal Personal Loan?+
Yes. The published prepayment charge is 1.8% of the outstanding balance. Confirm with the branch, as some banks waive it after a minimum period.
