Documents required to request a Standard Chartered home loan application process:
✔️ Photo ID
✔️ Proof of residence
✔️ Proof of age
✔️ Required financial documents (self-attested)
For salaried individuals:
✔️ Last 2 months’ salary slips (if variable components are present)
✔️ Latest Form-16
✔️ Bank statements of the last 3 months
For self-employed individuals/professionals:
✔️ Last 2 years’ IT returns and income computation (firm and individual)
✔️ Last 2 years’ P&L statements, balance sheets (with all schedules), and capital account statements – certified by CA
✔️ Last 2 years’ audit reports
✔️ [For self-employed: turnover > ₹10,000,000; for professionals: gross receipts > ₹2,500,000] and bank statement of the primary account for the last 6 months
For private limited firms:
✔️ Shareholding pattern or Memorandum & Articles of Association – certified by CA
✔️ List of directors
Interest rates applicable to the Standard Chartered home loan:
Processing fee of up to 1% for the approved amount. For floating-rate loans, no partial prepayment charges for individuals. For other loan types like the Standard Chartered home loan, partial prepayment below 25% of the outstanding principal in a calendar year incurs no fee.
For prepayments above 25%, a 2.5% fee on the total prepaid amount applies. Property replacement loans follow similar rules: no fee under 25%, and 4% for amounts above that. Applies to fixed or semi-fixed rate loans and individual borrowers. At loan maturity, any unpaid principal and uncollected prepaid amounts for that calendar year will be included.
Standard Chartered home loan application process: step-by-step
It is important to know the entire Standard Chartered home loan application process for the smooth running of your order. To get your home loan, follow these steps:
Visit the official Standard Chartered Bank website and click on the “Loans” tab. From there, go to the Standard Chartered home loan page and click “Sign Up Now.” You’ll need to fill out a form and follow instructions to submit the requested documents.
To proceed, wait for the bank’s assessment—during which a consultant will be assigned to assist you. The Standard Chartered home loan application process ensures you are guided through every stage, from document submission to final approval.