Standard Chartered Bank Home Loan

Standard Chartered Bank Home Loan

A Very Attractive Home Loan Package With Only 8.5% Interest Rate.

Key Product Features

Interest Rate 8.50%
Standard Chartered Bank Home Loan can be repaid by maximum 300 installments.
Interest Type Floating (Variable) Interest
Lock-in Period 1 year/s
Max. loan tenure 25 year/s
Islamic / Conventional Conventional
Approval duration Standard Chartered Bank will take approximately 7 to 10 working days to review and approve this loan.

Fees and Charges

One time set-up Penalties
Processing fee
1.5% of the loan amount

Service Charge
No Fee
Early Settlement
2% of the Outstanding Amount

Late Payment Charges
24% Per Year on Overdue Amount.
Documentation Fees
No Fee

Property Valuation Charge
BDT 7000.
Property Mortgage Charge
No Fee.


Age requirement
Age 25 - 65

Min Income requirement
BDT78 000 gross per month

Documentation Requirements
See Other Requirements.

Number of Guarantor
You just need only two guarantors to be approved to get this loan.

Employment Eligibility
Experience of 3 Years for Salaried Persons and Trade License of 3 Years for Businessmen.

Other requirements

  • Partial Prepayment Fee 2% of the prepayment amount.
  • CIB charge BDT 100.
  • Lock-in Period 6 Months.
  • Insurance Facility: Yes.
  • Insurance coverage: Yes.
  • Maximum Available Loan Amount is 70%.

Documents Required:

  • Common Documents for all:
    1. Recent passport size color photographs of applicant(s) and guarantor(s).
    2. Photocopy of NID/passport/ driving license of applicant(s) and guarantor(s).
    3. Copy of latest utility bill (gas/water/electricity/municipal tax).
    4. Business card/office ID copy of applicant(s) and guarantor(s) if any.
    5. Latest tax certificate/E-TIN.
    6. Personal net worth statements of applicant(s) and guarantor(s).
    7. Bank statement of last 12 months for businessmen and 6 months for other categories.
    8. Rent or lease agreement of house/property (if applicable).
    9. Professional certificate issued by concerned institution.


  • Additional documents required for Salaried Person/Self Employed:  
  1. Salary Certificate/ Letter of Introduction.
  2. Offer letter/Release letter from previous employer to prove service experience.
  3. Professional certificate issued by concerned institution.
  • Additional documents required for Businessmen:
    1. Copy of trade license.
    2. Memorandum of Association and Articles of Association of the company.
    3. Certificate of Incorporation.
    4. Latest form xii.
    5. Partnership deed.
    6. Trade license of 3 years.