Personal Loan
A flexible loan plan to help you realise your dreams
When you need extra cash, whether it's for furnishing your home, paying for a well-deserved holiday or covering some major expenses such as your wedding celebrations, our personal loan package offers high multiples (up to 38 times monthly salary for individuals with minimum salary BD 500 & above) at attractive interest rates for Bahraini nationals. Credit Cards can also be taken with a loan at special relationship pricing.
Expatriates resident in Bahrain and earning a minimum monthly salary of BHD 200 are eligible to apply for loans up to a maximum of 16 times the monthly salary.
The interest rate and loan installments are fixed over the loan tenure. This gives you peace of mind as you manage your fixed monthly repayments and total finances steadily and according to plan.
(All loans are granted to employees of Standard Chartered Bank's approved list of companies and at the sole discretion of Standard Chartered Bank, Bahrain. Loans are granted up to the end of service benefits in certain cases and repayment may be linked to the duration of the employment contract.)
At a glance:
- Installment loans with quick approvals and attractive interest rates
- Top-up option allows you to re-borrow what you have repaid
- Take-over option allows you to transfer your loan from some other bank to us
- Credit Life insurance benefit so your family is free from any repayment liability in the unfortunate event of your death or permanent disability
- Flexible repayment of up to 7 years
- Fixed installments for easy budgeting
For more information on Personal loans, visit your nearest Standard Chartered branch or call us toll-free on 80001802