The SCB Easy Payment Plan from Standard Chartered Bank UAE helps you manage expenses with ease. Instead of applying for a traditional home loan or mortgage loan, you can split eligible credit card transactions into monthly payments.
You can convert any transaction above AED 500, or a retail balance starting at AED 1,000, into instalments for up to 48 months. These fixed payments are an alternative for those considering apply for home loan, apply for house loan, or apply for mortgage loan, but wanting something simpler.
Key Facts
- Eligible transaction amount: From AED 500 (transaction) or AED 1,000 (retail balance)
- APR: Up to 3% monthly (subject to credit approval)
- Loan term: Up to 48 months
ملخص الحقائق الرئيسية
- مبلغ المعاملة المؤهل: ابتداءً من 500 درهم إماراتي (للمعاملة) أو 1000 درهم إماراتي (لرصيد التجزئة)
- معدل الفائدة السنوي: يصل إلى 3% شهريًا (رهنًا بموافقة الائتمان)
- مدة القرض: تصل إلى 48 شهرًا
Get to know better:
- Convert your purchases to instalments with an easy personal loan online apply style process.
- Enjoy predictable, affordable payments.
- All fees, rates, and requirements are disclosed upfront.
Why we recommend this plan
If you’re comparing the best bank for home loan or searching for the best bank for mortgage loan, consider the flexibility of this plan. It helps you manage costs for major purchases without a traditional loan process.
The application is fast. Use the SC Mobile App, select transactions, pick your plan, and review all terms before you confirm.
Find a personal loan to your profile
You might look for get a personal loan or personal loan online apply features elsewhere. With this plan, you just need a Standard Chartered Bank UAE credit card and a current or savings account.
Total monthly instalments—including those for any mortgage loan, home loan, or personal loan—must not go over 50% of your salary, as required in the UAE.
SCB Easy Payment Plan: Get a personal loan alternative
This plan is a practical alternative to a personal loan. Repayments are added to your monthly credit card statement. If you miss a minimum payment, interest or profit charges will apply according to bank terms.
Disclaimer
This content is for informational purposes only and is not issued or endorsed by Standard Chartered Bank UAE. All terms and rates 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.
إخلاء المسؤولية
هذا المحتوى لأغراض إعلامية فقط ولم يتم إصداره أو اعتماده من قبل بنك ستاندرد تشارترد. جميع الشروط والأسعار قابلة للتغيير وتتطلب موافقة الجهات التنظيمية. يرجى الرجوع إلى الموقع الرسمي للبنك وبيان الحقائق الرئيسية للحصول على أحدث المعلومات وأكثرها دقة.