Manage your
finances without a burden 
Get easy access to cash with Standard Chartered’s ‘Loan on Card’ (LOC) facility and enjoy the best rates with easy settlement plans.
You can obtain up to a maximum of 70% of your available credit card balance as quick cash in no time.Also, you will receive the following benefits when obtaining an LOC:
|
Here’s how it works.
Illustrated Loan on Card balances in LKR:
|
|
LKR100,000
|
LKR500,000
|
||
Tenure
|
Processing |
One Time |
Monthly |
One Time
Processing Fee (LKR)
|
Monthly
Instalment (LKR)
|
3 Months
|
4.00%
|
4,000
|
33,333
|
20,000
|
166,667
|
6 Months
|
5.00%
|
5,000
|
16,667
|
25,000
|
83,333
|
12
Months
|
7.75%
|
7,750
|
8,333
|
38,750
|
41,667
|
24
Months
|
10.75%
|
10,750
|
4,167
|
53,750
|
20,833
|
36
Months
|
16.50%
|
16,500
|
2,778
|
82,500
|
13,889
|
60
Months
|
22.50%
|
22,500
|
1,667
|
112,500
|
8,333
|
You also have the option of converting and paying the above ‘One Time Processing Fee’ in 12 monthly instalments with an addition of 1% to the existing rates. This is only applicable for LOC tenures of 12 months and above.
An illustration is given below:
|
LKR100,000
|
||
Tenure
|
One Time
Processing Fee with an addition of 1% to the existing rates
|
Revised
One Time |
Processing
Fee |
12 Months
|
8.75%
|
8,750
|
729
|
24 Months
|
11.75%
|
11,750
|
490
|
36 Months
|
17.50%
|
17,500
|
486
|
60 Months
|
23.50%
|
23,500
|
392
|
Please note that general credit card Terms & Conditions will continue to apply.
For more information, type “LOC” and send a message to +94 768 000 007 and one of our agents will reach out to you.
Please note that this direct mailer is transmitted via a generic e-mail ID. Please do not reply to this e-mail. If you have any feedback or complaints/ suggestions, kindly email them to Feedback.RC@sc.com. If you have any questions or service enquiries, please call our 24-hour call centre on 0112480480. If you wish to unsubscribe from receiving these e-mails, please type “Unsubscribe” and email to Bank.StandardChartered@sc.com.
You are advised not to send any confidential and/or important information to the bank via e-mail, as the bank makes no representations or warranties as to the security of any information transmitted. The bank shall not be responsible for any loss or damage suffered by you arising from your decision to use e-mail to communicate with the bank.
It is essential that prior to taking into consideration any information on this e-mail or responding to or sending any information or material to us in response to this matter, you have read and understood this important notice.
Standard Chartered Bank is a licensed commercial bank supervised by the Central Bank of Sri Lanka and is rated AAA(lka) by Fitch Ratings Lanka Ltd.
