Bandar Seri Begawan - Good news for those who are interested in applying for a home loan or a business property term loan.
Due to popular demand, Standard Chartered Bank is extending its Total Home Solution promotion that offers customers an attractive range of benefits without the complexities that come with buying a home till October 31, 2011, according to a press release.
With Standard Chartered's Total Home Solution, home loan and business property term loan applicants will enjoy one of the lowest home loan rates in the market as low as five per cent per annum (effective rate five per cent per annum) for residential property and as low as 5.50 per cent per annum (effective rate 5.50 per cent per annum) for commercial property.
New applicants who apply during the promotion period will also enjoy high subsidies of up to $15,000 or 2.5 per cent of loan amount approved to help with startup costs such as legal fees, full valuation report, fire insurance and MRTA.
On top of that, the Standard Chartered Total Home Solution package is also providing subsidy to cover two years of extra free fire insurance, subject to terms and conditions.
In addition, new home loan and business property term loan applicants can also enjoy other special product offers specially packaged together with Total Home Solution in recognition of customer's overall banking relationship with the bank.
Ms Annie Ng, General Manager, Retail Lending of Standard Chartered Bank said: "We are very pleased with the positive response from customers on our Total Home Solution package. With Standard Chartered's Total Home Solution, buying your perfect home just got easier.
We are pleased to be able to offer our customers the opportunity to reap fantastic benefits with this promotion, which is extended till October 31, 2011.
In addition, we have a teak of mortgage specialists conveniently located in all our branches or can be contacted directly at 717 2323 who will be able to assist you with your needs."
Customers looking to secure financing for their home loan may also obtain instant approval in principle on the same day with only minimal documentation required for application. All customers need to do is provide their identification card, latest payslip and past three-month bank statements.
Once the application is approved in principle, Standard Chartered Bank will issue a conditional approval letter instantly, reflecting the recommended loan amount and tenure.
Customers may use this letter to secure the booking of their dream house with their property agent or developer.
For more information about Standard Chartered's Total Home Solution and its benefits, call 717 2323 or log on to www.standardchartered.com/bn. Alternatively, you can visit any Standard Chartered branch for more details.
--Courtesy of Borneo Bulletin