Loan Details

Interest Rate

Starting at 13.5%

Processing Fee

2% of the loan amount



5% of the outstanding principal of the loan amount


Up to 60 months

  • Eligibility Factors
  • Documents Required
  • Loan Verification Process
  • Rate of Interest
Standard Chartered Bank Business Loan

a. Age: 21-65 years

b. Credit Score: 650 and above

c. Employment Type: - Sole proprietorship

- Partnership firms (including limited liability partnership

- Private limited companies (including closely-held limited

d. Minimum Gross Income (monthly): Minimum annual turnover
of Rs100 lakhs

e. Work Experience: Minimum 3 years of business operation


The borrowers of Standard Chartered Bank business loan need to submit the following documents:

  • Last 6 months’ bank statements.
  • Last 2 years’ financial documents, including Profit & Loss (P&L) statement, balance sheet and income tax returns.
  • Last 2 year’s VAT/GST statements.
  • Documents to validate the proofs of the establishment of the entity.
  • Identity and address proof documents.
  • Any other valid proofs that the bank may ask to determine the eligibility.

The loan verification process for Standard Chartered Bank business loan happens in a few simple steps:

1. Fill an application form online on the official website of Standard Chartered Bank. You can also contact the bank’s sales officer for the offline process. Submit the documents directly to the bank.

2. Another alternative is to apply for an online loan on to get the best offers. You can upload the documents on on your own or schedule a visit from us for collection at your doorstep.

3. The bank initiates the process of checking the eligibility of the borrower.

5. The bank approves the loan amount post which the borrower signs a loan agreement.

6. The bank disburses the approved loan amount to the borrower’s nominated bank account.

The Standard Chartered Bank offers business loans at an affordable and attractive interest rate, starting from a 13.5% interest rate.