The SCB Loan on Card is an option for Standard Chartered credit card holders who want to convert their available card limit into cash.
Customers can borrow up to their available limit and repay over a period of up to 48 months.
Is Standard Chartered a good bank?
Standard Chartered is a global bank operating in the UAE under the regulation of the Central Bank of the UAE.
It provides transparency with published fees, charges, and Key Facts Statements for its loan products.
Main characteristics of SCB Loan on Card
- Loan amount up to card limit
- Fixed monthly instalments up to 48 months
- Low profit/interest rates up to 3% monthly
- Processing fees up to 4.2%
- No additional paperwork required
Disadvantages
- Early settlement fee (2% – 5% or AED 300 minimum)
- The loan amount is blocked on your card until repayments are made
Here is advice for you
This facility is useful for short-term or emergency needs.
However, as the loan is tied to your credit card limit, it reduces your available spending capacity on the card. Plan repayments carefully to avoid financial strain.
Requirements to apply for this loan
- Active Standard Chartered credit card
- Available credit limit
- Access to SC Online Banking or SC Mobile app
- Valid Emirates ID for verification
المتطلبات للتقديم على هذا القرض
- بطاقة ائتمان نشطة من بنك ستاندرد تشارترد
- توفر حد ائتماني كافٍ
- الوصول إلى الخدمات المصرفية عبر الإنترنت أو تطبيق الموبايل
- بطاقة هوية إماراتية سارية المفعول للتحقق
How to apply for the loan
- Log into SC Mobile or Online Banking
- Select Loan on Card / Fixed Payment Plan option
- Enter loan amount, tenure, and bank details
- Confirm via OTP (One-Time Password)
- Receive confirmation by SMS and email
Apply for your Loan
With a few taps on your mobile app or via online banking, you can request the SCB Loan on Card and receive funds in 2–3 business days.
Disclaimer/إخلاء المسؤولية
This content is for informational purposes only and is not issued or endorsed by Standard Chartered Bank. All terms, profit rates, and fees are subject to change and regulatory approval. Please refer to the bank’s official website and Key Facts Statement for the most accurate and updated information.
هذا المحتوى لأغراض إعلامية فقط ولم يصدر أو يتم اعتماده من قبل بنك ستاندرد تشارترد. جميع الشروط ونسب الربح والرسوم قابلة للتغيير وتخضع لموافقة الجهات التنظيمية. يُرجى الرجوع إلى الموقع الرسمي للبنك وبيان الحقائق الرئيسية للحصول على المعلومات الأدق والأحدث.