StanChart offers property loans up to Dh18m

Standard Chartered bank has announced the launch of ‘Home Suite’ product that offers UAE customers property finance up to Dh18 million with tenors of up to 25 years, the bank said in a statement today.

The bank said that the product, which comes bundled with a pre-approved personal loan of up to Dh250,000, a pre-approved free-for-life credit card, life insurance, property insurance and auto bill payment, is in line with its customer-centric strategy that focuses on developing tailor-made solutions.

“In line with our customer focus, the new bundles provide customers with a value-added financial services package that can be tailor-made to meet each individual’s needs,” said Syed Hammad Haider, GM, Retail Products and Head of New Business at Standard Chartered UAE.

The bank has also launched ‘Salary Suite’ another bundled product that consists of a free salary account, a free credit card, personal finance, and free outward remittances.

Both bundles are also available under Shariah-compliant Saadiq Islamic Financial Services, said the statement from Standard Chartered, which operates the largest network of branches among international banks in the UAE.

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