Standard Chartered Personal Loan Nigeria Low Interest Unsecured Loans Up to ₦35M Instant Salary Based Approval and Flexible Repayment
Access unsecured, low-interest personal loans up to ₦35M with instant salary-based approval and flexible repayment plans built for Nigerian salaried professionals
Why choose Standard Chartered personal loan in Nigeria
Standard Chartered personal loan Nigeria is one of the top options for salaried professionals who need quick, unsecured loan access in naira. With borrowing up to ₦35M and competitive low interest rates, this personal loan suits everything from home projects to debt consolidation.
The product stands out because approval is salary-based, meaning no collateral is required and your salary acts as security. That makes the unsecured loan attractive for bank workers, civil servants and corporate staff across Lagos, Abuja and beyond.
Clear eligibility and easy requirements
To qualify you must be between 21 and 60 years, work for an approved employer and earn a minimum monthly salary of ₦120,000. Standard Chartered requires your salary to be domiciled with the bank and a minimum loan amount of ₦175,000 applies.
Required documents are straightforward: completed application form, last 3 months bank statements, pay slips and an employer letter for salary domiciliation. Having these ready speeds up processing and improves chances of instant personal loan approval.
How to apply and get instant salary-based approval
Applying for the Standard Chartered personal loan Nigeria is simple: complete the form at any branch or online, submit your documents and request salary domiciliation. For many applicants the bank offers instant salary-based approval when criteria are met.
Disbursement timelines are competitive, especially for employees of reviewed companies; once your account and employer letter are in order you can get funds quickly. The process is built for Nigerian salaried professionals who need timely cash without pledging assets.
Repayment flexibility, fees and extra benefits
Standard Chartered provides flexible repayment plans up to 60 months, making monthly instalments manageable even for larger loans like ₦35M. The low interest structure, starting from around 1.84% per month, helps keep overall cost down compared to higher-cost lenders.
Additional perks include no preliquidation charges and a loan top-up option after six months of good repayment performance. The bank also offers a take-over facility to refinance existing loans, giving borrowers a path to lower rates and better terms.