Home Loan

Take advantage of our exciting offers when you transfer you existing home loan to us. New home buyers will also enjoy attractive rates.

*Interest rate is fixed for the first 12 months. Thereafter, this will switch to a variable rate.

Balance Transfer

Applications for the balance transfer interest rate will be 3.49% fixed for the first 12 months after they become Standard Chartered Base Lending Rate (SCBLR) + prescribed rate.
Operating expenses Nil apply for balance transfer applications.
A tax pre-payment / repayment of 1% calculated on the amount to be prepaid or AED 10,000 / – whichever is the lower-are imposed for any refunds / refunds within 5 years from the date of the first disbursement. After 5 years, the Bank does not charge any settlement. For balance transfers to other lenders a redemption fee of 1% of the loan or AED 10,000 / – whichever is lower, the fee.

New Home Loan

The interest rate will be 3.99% fixed for the first 12 months after you become Standard Chartered Base Lending Rate (SCBLR) + a prescribed rate.
Applies a tax of 0.5% of the loan amount.
A tax pre-payment / repayment of 1% calculated on the amount to be prepaid or AED 10,000 / – whichever is the lower-are imposed for any refunds / refunds within 5 years from the date of the first disbursement. After 5 years, the Bank does not charge any settlement.
For balance transfers to other lenders a redemption fee of 1% of the loan or AED 10,000 / – whichever is lower, the fee.

Terms and Conditions

Interest rate is fixed for the first 12 months. Subsequently, this switch to a variable rate.
Terms and conditions apply for the home loan and all the benefits. All loans are granted at the discretion of Standard Chartered Bank.
The Bank may, at any time and without notice or liability for any customers change, modify, delete or add to these terms and conditions and can also withdraw or suspend such rates and fees.