• Interest Rate (p.a)

    2.01%

  • Loan Type

    Private

  • Loan Rate Type

    Variable

  • Lock in Period

    2 years

Loan calculator
Loan amount

S$

Loan Tenure (years)
Interest Rate (p.a)

2.01%

Monthly Repayment

S$2,221

Whats so great about Standard Chartered Home Loan?
  • SIBOR rate Package
  • Overdraft facilities available

Product Features

Minimum Loan Amount S$500,000
Loan Tenure 5 years - 30 years

Fees & Charges

Charge of Insurer for fire insurance S$200
Loan statement S$50
Title deed for fully repaid loans S$500
Late payment charges Prime lending rate + 5%

Eligibility

Citizenship Status Singaporean, Permanent Residents, Foreigners who are residing and working in Singapore, Malaysians that are looking to invest in properties in Singapore.

Product Review by iMoney

Is Standard Chartered Home Loan Right For You?

Standard Chartered won Global Finance’s award for Singapore’s Best Consumer Internet Bank 2011. Their customers are able to apply for credit cards at a click of a button and their innovative online banking system also allows customers to make payments for Visa or MasterCard bills from any bank through their system. Let us now take a detailed look at their suite of home loan products

Standard Chartered Home Loan

Standard Chartered offers a 1 month SIBOR-flexi loan that is fast in-principal approval with flexible repayment schemes. You can choose to increase your monthly repayments every year, allowing you to save on interest as your income grows.

It is designed to be a one-stop shop that puts your savings, salary, current and mortgage accounts all under one roof for more efficient money management. Your remaining deposits will enjoy an interest rate of 0.25% p.a.