The largest international bank in India, Standard Chartered Bank has been around in the country since the year 1858, and currently has 100 branches in 43 cities. It also has multiple subsidiaries dedicated to different types of financial services. The key client segments of Standard Chartered Bank include retail banking, private banking, commercial banking and corporate & institutional banking.
Standard Chartered Bank offers flexible business loans to MSEs (Micro and Small Enterprises). These entities can use the business loan amount to expand or establish a manufacturing, services or trading business. Their business loan product is referred to as Business Instalment Loan, which gets you easy access to funds for business expansion and working capital requirements. You can get funding of maximum ₹ 75 lakh, with the repayment tenure of up to 60 months. More specific details related to Standard Chartered Bank business loan, including the eligibility criteria, features and charges have been provided below.