Get the Best Standard Chartered Bank Personal Loan Interest Rates for 2019 Now!

Updated 14 November 2019

Get the latest Standard Chartered Bank Personal Loan interest rates for Singapore on See how Standard Chartered Bank Personal Loan compares against other banks and apply instantly online.

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Loan Details


Instant Cash & S$359 Cashback!

Standard Chartered CashOne

Standard Chartered CashOne


Interest Rate
(EIR 7.97% p.a.)


Total Amount Payable


Processing Fee


Per Month

MoneySmart Exclusive: Guaranteed 3.88% i/r + S$359 Cashback + Instant Cash Disbursement!Valid till 30 Nov 2019.
  • Min. loan repayment of 1 year to Max. of 5 years
Key Features
  • MoneySmart Exclusive- 3.88% p.a. guaranteed
  • Instant Approval and loan disbursement if you apply with MyInfo via MoneySmart
  • Applicable for all loan tenure and loan amount of $1,000 and above
  • 1st year annual fee waiver worth S$199 (As cashback)
Loan Details
Citizenship StatusSingaporean / PR
Minimum Annual Income$20,000
Maximum Loan Tenure5 years
Processing Fee$0
Repayment Summary
Principal Loan Amount$10,000
Interest Rate (p.a)3.88%
Loan Tenure3 years
Total Interest Payable$1,164
Total Amount Payable$11,164
Monthly Instalments$310

MoneySmart lists Personal Loan products that range between a minimum of 1 to a maximum of 7 years. The effective interest rate (EIR) of loan products on our site range from 8.5% p.a. to up to 20.0% p.a. The EIR of your loan will be dependent on the loan you apply for as well as your personal financial needs.

For example, you would need to pay S$316/month for a S$10,000 Personal Loan with a loan tenure of 3 years. This would equate to a total payment of S$11,376 over 3 years. Please view each Personal Loan product in detail for a full breakdown of the interest rate chargeable, minimum and maximum loan tenure as well as processing fees (if applicable).

Standard Chartered Personal Loan Interest Rates & Fees

ParticularsSingapore / PRForeigner
Interest Rate3.88% p.a.3.88% p.a.
Effective Interest Rate (E.I.R)From 7.63% p.a.From 7.63% p.a.
Processing Fee1st year fee waiver1st year fee waiver
Maximum loan amount‎Up to 4X your monthly salary, max of $250,000Up to 4X your monthly salary, max of $250,000
Minimum Annual Income$20,000$60,000
Loan Tenure1 - 5 Years1 - 5 Years
Approval durationInstant Approval and instant cashInstant Approval and instant cash
Late payment charge$80$80
Early settlement penalty$150 or 3% of the outstanding principal, whichever is higher$150 or 3% of the outstanding principal, whichever is higher
Promotion$199 cashback (for 1st year annual fee waiver)$199 cashback (for 1st year annual fee waiver)

Standard Chartered Personal Loan

Standard Chartered’s personal loan product goes by the name CashOne. With instant cash as one of its key features, it conveniently gives out cash disbursements to any of your assigned bank accounts. When it comes to monthly repayments, Standard Chartered has one of the most flexible payment schemes.


You can only apply for Standard Chartered personal loan if you’re aged between 21 and 65. If you’re Singaporean or PR, your minimum annual income should be $20,000. Foreigners on the other hand, should earn a minimum annual income of $60,000, with a valid employment pass.

Interest Rates

The Standard Chartered CashOne interest rate is 3.88% p.a. or EIR 7.97% p.a. Once your loan is approved, the first year annual fee amounting to $199 will be waived. From the 2nd year onwards, only $50 of the total annual fee will be waived if you pay for your monthly dues diligently. If you fail to pay within the due date, a minimum late payment fee of $80 will be charged.


Since Standard Chartered is celebrating their 160th anniversary in Singapore, they’re offering $160 worth of cashback for every approved personal loan. You just need to apply by 30 Sep 2019 to be eligible. On top of this, you’ll get up to $1,088 cashback depending on the size of you loan.

Standard Chartered Personal Loan Hotline

To speak with a Standard Chartered personal loan agent, you can call their 24-hr personal banking hotline at 6747 7000.

Frequently Asked Questions

How to apply for a personal loan with Standard Chartered?

You can apply for CashOne Personal Loan online and get cash instantly. However, before committing to any bank, make it a point to compare other personal loan interest rates on MoneySmart. If you decide to go with Standard Chartered, click on “Apply Now” and you’ll be redirected to their personal loan page. Simply complete the application form to get started.

Can a foreigner apply for Standard Chartered personal loan in Singapore?

You can only qualify for CashOne as a foreigner if your minimum annual income is $60,000. An employment pass that’s valid for at least 1 year is also required. If you don’t fulfil these requirements, you may inquire with other banks.

How can I check my Standard Chartered personal loan status?

To check the status of your personal loan application, you need to log into your Standard Chartered account, go to “Help & Services” and click on the “Status” tab. Then select the tab for personal loan to find out more details about the status of your application.

What is the interest rate for personal loan in Standard Chartered Bank?

The current interest rate for CashOne is 3.88% p.a. or EIR 7.97% p.a. as of September 2019. Do note that this rate is subject to change without prior notice.

How much personal loan can I get on my salary?

If your annual income is $30,000 and above, Standard Chartered allows you to borrow up to 4 times your monthly salary. However, those who earn anywhere between $20,000 and $29,999 can only borrow 2 times their monthly salary. The loan tenure available is up to 5 years.