• Interest Rate (p.a.)

    8.50% - 8.50%

  • Loan Tenure

    1 - 5 years

  • Approval Duration

    Up to 7 business days

  • Min. monthly income

    RM3,000

Loan calculator
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What's so great about Standard Chartered CashOne?
  • Approved loan amount of up to RM150,000.
  • Fixed interest rate starting at 0.71% per month
  • Platinum Credit Card limit increases by an amount equivalent to monthly repayment

Product Features

Min. financing amountRM1,000
Max.financing amount Up to 5x fixed monthly salary or up to RM150,000
Min. loan tenure1
Max. loan tenure5
Islamic/ConventionalConventional
Interest rateFixed rate of 8.50% – 12.50% per annum
Approval durationUp to 7 business days
Debt consolidationNo

Fees & Charges

One time set up
Processing feeN/A
Stamp duty0.5% on loan amount
Disbursement & misc. feeN/A
Annual feeN/A
Other feesN/A
Penalties
Early settlementN/A
Late payment charges1% on outstanding loan amount
Other penaltiesN/A

Eligibility

Age requirementAge 21 - 65
Employment eligibilityStandard Chartered Platinum Credit Card holders
Min. salary requirementRM3,000 gross per month
Guarantor / Collateral requirementN/A

Other Requirements

Need to open linked banked account?Yes
Need to buy Takaful product?No
Other detailsN/A

Product Review byiMoney

Overview

Standard Chartered CashOne is an unsecured personal loan exclusively for Standard Chartered Platinum Credit cardholders and this is because any monthly repayment that you will be doing for your personal loan will be converting into your credit card limit. It is a personal loan plan that is attached with your current existing Standard Chartered Platinum Credit Card. This personal loan does not have any minimum and maximum loan tenure therefore it is all depending on how long you use your credit card. The approval duration for this personal loan is up to 7 business days and the best part about this personal is that there are no any processing fees, no disbursement fee and no early settlement penalties but point to be noted here is that there will be a stamp duty fee of 0.5% on loan amount and also late payment charges of 1% on outstanding loan amount.

On top of that you will are not required to have any guarantor or collateral in order to apply for this application. You are also entitled to enjoy a fixed interest rate of 8.50% up to 12.50% per annum. You may finance a minimum amount of RM3,000 up to RM150,000 or up to 5x your fixed monthly salary. To be eligible to apply for this loan, you will need to be at least 21 years old with a minimum monthly salary of RM2,000. You will also need a good credit record (CTOS/CCRIS), which means all of your overdue payments for all other commitments should be settled off.


Standard Chartered CashOne FAQ

What is the maximum amount you can borrow?

Borrowable amount of up to five times your fixed monthly gross salary or RM150,000.

The catch?

Applicant must be between the age of 21 to 65 to qualify.

Applicant must be a Standard Chartered Platinum Credit Card holder with a minimum gross salary of RM2,000 per month.

Opening of a linked bank account is compulsory.

What will it cost you and how will you be charged?

One time set-up fee:
  • Stamp duty of 0.5% on loan amount to be deducted upfront before loan disbursement. No other set-up fees need to be paid.
  • Recurring payments:
  • Monthly repayment comprising principal amount and interest charge via monthly Savings Account deduction. The principal portion of each monthly repayment will increase the credit limit of your Standard Chartered Platinum Credit Card by the same amount.
  • For loan amount of RM3,000 – RM19,999:
  • Fixed interest rate of 12.50% per annum (1.04% per month) throughout the entire loan tenure.
  • For loan amount of RM20,000 – RM49,999:
  • Fixed interest rate of 11.50% per annum (0.96% per month) throughout the entire loan tenure.
  • For loan amount of RM50,000 – RM12,999:
  • Fixed interest rate of 10.50% per annum (0.88% per month) throughout the entire loan tenure.
  • For loan amount of RM130,000 – RM150,000:
  • Fixed interest rate of 8.50% per annum (0.71% per month) throughout the entire loan tenure.
  • Penalties:
  • Late payment charges of 1% of outstanding loan amount. Late payment charges will increase your total outstanding loan amount.
  • No early settlement penalty imposed.
  • How long will the application take and what documentations are required?

    Upon completing an application with iMoney, our representative will contact you within the same business day to confirm your application.

    Thereafter, Standard Chartered will require an average of seven business days (not including Saturday, Sunday, and public holidays) before approval or disbursement.

    You are required to furnish the following documents for your loan application:

    Salaried applicant:
    • Copy of NRIC (front and back)
    • Any of the documents below (choose one):
    • 1 month (most current) salary slip AND 1 month (most current) bank statement
    • EPF statement (most current)
    • BE form with tax payment receipt attached (most current)
    Self-employed applicant:
    • Copy of NRIC (front and back)
    • Any of the documents below (choose one):
    • 6 months (most current) bank statements AND form 9, 24, 49 or Business Registration Certificate
    • EPF statement (most current)
    • B form with tax payment receipt attached (most current)
    Applicant earning commission:
    • Copy of NRIC (front and back)
    • Any of the documents below (choose one):
    • 1 month (most current) salary slip AND 1 month (most current) bank statement
    • EPF statement (most current)
    • BE form with tax payment receipt attached (most current)

    Can you apply if you have a bad CCRIS/ CTOS/ Credit Record?

    No, you are required to settle all overdue payments before applying. It is advised that you continue repaying your loans on time for another three months before reapplying.


    If you are looking for other personal loans, you may also consider
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  • With Alliance Islamic Bank CashVantage Personal Financing-i, the personal loan comes with an fixed interest rate starting from 10.38% p.a. This personal loan has a maximum tenure of 7 years. It also comes with a minimum income requirement of RM2,000.
  • Citibank Personal Loan
  • With Citibank Personal Loan, the personal loan comes with an floating interest rate starting from 9.40% p.a. This personal loan has a maximum tenure of 5 years and approval duration of 30 minutes. It also comes with a minimum income requirement of RM4,000.
  • RHB Personal Financing
  • RHB Personal Financing has a flat interest rate starting from 8.18% p.a. The maximum tenure for this personal loan is 5 years. It also comes with a minimum income requirement of RM2,000.