A Top Name in Personal Loans: Standard Chartered Bank

| October 11, 2013

Top 3 Business Lessons Learned Through FailureIf we talk about a Singapore personal loan plan, a top name amongst the financial institutions which provides it is Standard Chartered Bank. A Singapore personal loan can be easily applied with this institution. Also, when it comes to a Singapore personal loan plan, this bank offers a great number of benefits for its client.

For a Singaporean person who is in need of a steady cash flow, a Singapore personal loan is a great option. As compared to the loans available in other countries, a Singapore personal loan is much more comfortable and feasible for the borrower. Also, a Singapore personal loan plan not only takes care of your immediate financial requirement, it also takes care of the repayment part which you will be subjected to once your loan is approved. A Singapore personal loan is much preferred for the efficacy of the regulatory procedures. Moreover, with amazing offers from banks like the Standard Chartered Bank, a Singapore personal loan proves to be the best solution for your financial woes.

Special features

When it comes to personal loans, Standard Chartered Bank does a remarkable job by fulfilling all the needs of their client and ensuring that they are completely satisfied as customers. The most sought after personal loan plan provided by this bank is the CashOne Plan. The special features of the CashOne Plan are listed herewith.

Loan plus Credit Card: If you have been approved for the CashOne Plan from Standard Chartered Bank, and you also have a credit card with the bank, then you have a lot of good things coming your way. The CashOne Plan offers a 5 year annual fee waiver on your Platinum credit card if you have an annual income of minimum $30,000. (Amounts listed here are in Singaporean dollars). The 5 year annual fee waiver is a huge saving for any person who regularly uses a premium credit card.

Interest Rates: The CashOne Plan of Standard Chartered Bank also offers you lucrative interest rates. It can start from as low as 7.20% per annum. This feature is mostly beneficial for people who have gotten a sanctioned loan which amounts to a minimum of $15,000. The interest rate remains pretty much the same for them irrespective of the tenure of the loan.

CashOne Loan Only: Unlike many other banks, Standard Chartered Bank gives the opportunity to apply for a loan even when your annual income is lower than the standard requirement of $30,000. For example, with the CashOne Loan Only option, you can avail a loan which would amount to at least two times your monthly income even when your income is $20,000 per annum. This option is applicable for people who fall under the income

category of $20,000 to $29,999 per annum. So for a person who does not have a standard or preferred income, the CashOne option is something that he can consider to sort out his financial concerns.

Repayments: The CashOne Loan Plan offers the flexibility of easy and feasible monthly repayment schemes. This is very beneficial for people who want to manage their finances in a better and stable manner. A monthly repayment option is good for a borrower as the amount of installment is quite lower than the quarterly or annual repayment options. It also ensures that you make your payments on time and do not tarnish your credibility in the credit market so as not to hamper your credit scores.

Additional Freebies: When it comes to being a competitive enterprise in the world of banking and finance, Standard Chartered Bank maintains its position as one of the top banks in the world. So it is quite evident that this bank will do something extraordinary for its clients apart from fulfilling their monitory needs. In order to ensure a happy and satisfied clientele, this bank offers lucrative gifts and vouchers along with the loan.

For instance, a current offer states that if your loan gets approved, you will be entitled to get a voucher worth $100 as a free gift. Also, if you choose to go for a minimum tenure of 36 months, then you will be entitled to receive some amazing goodies. For example, if your loan is approved for an amount of $30,000 or more and your tenure is for a minimum of 36 months, then you can get a 40” Sony Bravia LED Television which is worth $749 in the market. It is quite evident from these offers that the bank will leave no stone unturned in order to make a customer happy and ensure his loyalty at the same time.

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