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Personal Loans
Features
- Should be earning a minimum net salary of D4000 paid directly into your Standard Chartered Bank account
- Maximum repayment period of 36 months
- The maximum one qualifies for is D 600,000 or 10 times net monthly salary whichever is lower
- Approval confirmation within 24 hours
- Monthly consolidated statements
- Debt burden ratio of 40% (maximum)
Benefits
- Gives you financial flexibility as you can get up to 10 times one's net salary
- You can top up your loan after repaying 60% of your previous loan
- Interest is prime based
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