With over 1,200 branches in 71 countries, Standard Chartered is one of the leading international banks in the world
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More about Standard Chartered
With over 1,200 branches in 71 countries, Standard Chartered is one of the leading international banks in the world. Global Finance Magazine named Standard Chartered the Best Consumer Internet Bank in Singapore in 2014. Standard Chartered has a long history in Singapore, having operated in the country for over 150 years. It opened its first branch in Singapore in 1859.
We compare loans that can be paid back over terms of between 12 months and 60 months. The effective interest rate (EIR) you will be charged depends on your personal circumstances, and will be between 8.5% p.a. and 14.94% p.a.
This is a representative example of what it may cost: a loan of S$10,000 over 36 months at 4.8% p.a. nominal interest would equate to monthly repayments of S$317.77 and the total cost of the loan that you pay back would be S$11,440.
The effective interest rate (EIR) you will be charged depends on your personal circumstances. Typically the lowest EIR charged by bank ranges between 5.0% p.a. to 20.0% p.a. depending on the choice of banks and products.