Buying a home is an important step in life, and getting the right home loan is key to making it happen. Standard Chartered has different home loan options to fit various needs. This guide gives a complete look at Standard Chartered Home Loan in UAE, making it easier for you to understand and confidently go through the process.
Overview:
Standard Chartered, a top international bank, offers home loans with competitive rates to meet different financial needs. They provide flexible repayment options, attractive interest rates, and great customer service, making home loans popular for people looking to buy a home.
Standard Charted Bank Home Loan UAE Benefits:
1. High Loan Amount
- Loans up to AED 18 million are available for properties completed or under construction on our approved list.
2. Competitive Pricing
- We offer competitive variable interest rates, which combine the EIBOR and a margin.
3. Fast Processing
- Our special processes speed up your application with simple documentation.
4. Convenient Tenures
- Flexible repayment terms are available for up to 25 years.
5. Pre-Approval
- Get pre-approval before you start looking for a property so you can confidently choose one within your budget.
6. Priority Banking Services
- Enjoy the benefits of a Priority Banking account.
Standard Charted Bank Home Loan UAE Requirements:
Following are the required documents for the standard charted bank loan in UAE:
1. ID/Address Proof
- Valid UAE residence visa, passport, and original Emirates ID
2. Bank Statements
- Statements for the past 3 months
3. Salary Proof
- Salary transfer letter and salary certificate (for takeover loans)
4. Other Documents
- Liability letter (for takeover loans)
Standard Charted Bank Home Loan UAE Eligibility:
Here are the eligibility criteria for the standard charted bank home loan in UAE:
| Age Criteria | 21 years – 65 years |
| Minimum Income | At least AED 30,000 per month |
| Salary Transfer | Required |
Standard Charted Bank Home Loan UAE Contact Number:
For immediate help or to report a fraudulent transaction, please call their Client Care Centre:
Personal Banking
- Local: 600 5222 88 (24-hour)
- International: +971 600 5222 88 (24-hour)
Priority Banking
- Local: 800 4949 (24-hour)
- International: +971 4 403 9639 (24-hour)
How To Apply To The Standard Chartered Bank Home Loan in UAE?
Here’s how you can apply for the Standard Chartered Bank Home Loan in UAE:
- Visit the official home loan page of the Standard Chartered Bank UAE.
- On the screen, click “Apply Now”.
- Enter your full name, mobile number, email address, and nationality on the next page.
- Click “Ok”.
- Enter your monthly income, DOB, and your desired loan amount.
- Select your Emirate and time to contact you.
- Click “Ok Finish”.
- The banking authorities will contact you once they receive your application.
Final Takeaway:
So that is everything you need to know about Standard Chartered Bank home loan in UAE. Standard Chartered Home Loans provide a dependable and flexible way for future homeowners to finance their purchases. They offer good interest rates, an easy application process, and many benefits, making your home-buying journey smooth and hassle-free. Just ensure you meet the eligibility criteria, have all the necessary documents, and pick the loan that best fits your financial needs.
Frequently Asked Questions (FAQs):
Q. What is the maximum loan tenure available?
The maximum loan tenure offered by Standard Chartered is 25 years.
Q. Are there any prepayment charges?
Prepayment charges may apply depending on the type of loan and the terms agreed upon. It’s advisable to check with the bank for detailed information.
Q. Can I apply for a home loan jointly?
You can apply for a joint home loan with a co-applicant, which can improve your loan eligibility and allow you to share the repayment burden.
