Standard Chartered is offering flexible home financing solutions for interested clients looking to own their own home or explore solutions to manage their existing home loan.

The Standard Chartered Home Loan Campaign 2021 which runs until 30 December 2021 provides clients a selection of four different offers from higher subsidies to low interest rates:

Source: SCB website

• 5 per cent subsidy of approved Home Loan amount up to a maximum of BND15,000 with 4.5 per cent Effective Interest Rate

• 2 per cent subsidy of approved Home Loan amount up to a maximum of BND10,000 with 4.25 per cent Effective Interest Rate

• 1 per cent subsidy of approved Home Loan amount up to a maximum of BND5,000 with 4.5 per cent Effective Interest Rate and free partial/full prepayment after 5 years

• 4 per cent Effective Interest Rate with no subsidy

Source: SCB website

To be eligible for the campaign offers, the Home Loan amount should be at least BND100,000 with a minimum tenor of 12 years and applicants’ salaries must be assigned to Standard Chartered Bank, subject to credit assessment and documentation requirements.

In addition to the higher subsidies and low interest rates solutions, the first eighty clients with approved Home Loan applications will receive a Google Nest Hub.

Head of Retail Products & Digital Jacky Teo, in a statement said that home buyers are becoming more discerning when it comes to their choice of home loans and have indicated that they would appreciate more flexible home financing solutions.

Source: SCB website

“We understand the complexities that come with owning a home and we want to ease that process, especially for first time homeowners. With our experienced team of Mortgage Specialists and the variety of home loan solutions catered to individual circumstances and lifestyle needs, home ownership can be an easily attainable dream,” he added.

To find out more about Standard Chartered’s Home Loan Campaign 2021 offers or just to find out how to get started on property ownership, you can email homecentre.bn@sc.com.

You can also visit www.sc.com/bn or follow the bank’s Facebook ‘Standard Chartered BN’ and Instagram @stanchartbn

This article was first published on 9 October 2021 in our Weekly E-Paper issue 162

THE BRUNEIAN | BANDAR SERI BEGAWAN

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