NRE Fixed Deposits

• No interest is payable if NRE Fixed Deposit is withdrawn before completion of 12 months.
• The interest rates are subject to change and are updated on daily basis.
• Kindly refer website for more details.

Disclaimers

• Online Mutual Funds:
  The Online Mutual Funds platform is an EXECUTION-ONLY platform. If you wish to receive advice from us in relation to transacting in Mutual Funds, you should not use the Online Mutual Funds Platform but should instead contact your banker for further information. We are not acting as your investment advisor nor providing investment recommendations in respect of any transaction effected through the Online Mutual Funds platform, and you must not regard it or us as acting in that capacity. You should consult your own independent legal, tax and investment advisors before entering into any transaction via the Online Mutual Funds platform and only enter into a transaction if you have fully understood its nature, the contractual relationship into which you are entering, all relevant terms and conditions and the nature and extent of your exposure to loss.
• Investment services:
  Standard Chartered Bank does not provide any investment advisory services under the Wealth Proposition. Standard Chartered Bank in its capacity of a distributor of mutual funds or while referring any other third party financial products may offer advice which is incidental to its activity of distribution/referral. Standard Chartered Bank will not be charging any fee/consideration for such advice and such advice should not be construed as ‘Investment Advice’ as defined in the Securities and Exchange Board of India (Investment Advisers) Regulations, 2013 or otherwise. Mutual Fund Investments are subject to market risk. Read scheme related documents carefully prior to investing.

FAQs

• How does SuperValue Saving work?

  SuperValue Saving Account comes with a globally valid debit/ATM card that allows customers to access all Standard Chartered Bank ATMs and provides instant cash at all VISA Network ATMs in India and abroad.

  • SuperValue Saving customers get free cash withdrawal facility at any VISA Network ATM in India (Charges are levied for more than 5 non-Standard Chartered ATM transactions per month if the average quarterly balance of Rs. 25,000 is not maintained.)
  • The debit card can be used to make purchases at over 326,000 merchant outlets in India.

• Which ATMs can SuperValue Saving customers use for free?

  SuperValue Savings Account customers can withdraw cash at any VISA Network ATM in India free of any charge. (Charges are levied for more than 5 non-Standard Chartered ATM transactions per month if the average quarterly balance of Rs. 25,000 is not maintained.). This includes ATMs with the following banks in addition to Standard Chartered ATMs:

  • ICICI Bank, HDFC Bank, HSBC, Citibank, IDBI Bank, Axis Bank, Centurion Bank, Bank of Punjab, Corporation bank, IndusInd Bank, Kotak Mahindra Bank, Canara Bank, Dena Bank, Andhra Bank, State Bank of India, Development Credit Bank, Bank of India, Bank of Baroda, Syndicate Bank

• What is a debit card?

  The globally-valid Standard Chartered Debit Card is the easiest way of accessing your bank account. A debit card allows you to purchase goods at VISA Electron merchant establishments and withdraw funds from your bank account from any VISA Electron ATM in India and abroad.

• What is the difference between a debit card and a credit card?

  The basic difference between a debit card and a credit card is that the debit card gives you access to your own money whereas a credit card is a form of loan that accesses a line of credit offered by your bank. Put in simple terms, a debit card is a buy-now-pay-now option while a credit card is a buy-now-pay-later option. Therefore, no interest is charged and you have no monthly repayments with a debit card.

• What is the advantage of a debit card?

  Our debit card offers tremendous convenience in payments and helps reduce the amount of cash you need to carry. You always stay in control of your finances because you can only spend what you have when you access your own funds to make purchases and to withdraw cash.

Mortgages

• Rates are subject to revision from time to time

FCNR with Forward Cover

• Rates and Yields offered are provisional and subject to change at any time without prior notice. Please contact your Branch or Relationship manger to confirm the yield before actual placement of funds.
• The forward contract deal locks in the Rupee Return on the deposit. Future movements in currency markets cannot affect returns once the forward contract deal has been booked.
• The booking of the forward contract, protects the depositor from unfavorable movements in the exchange rate.
• On the other hand it must also be noted that , once the forward contract is booked, the depositor cannot take advantage of any favorable movements in the currency markets either.

Global Recognition for your family & Global Link

Global recognition available in mentioned geographies:

• China, Hong Kong, India, Korea, Malaysia, Singapore, Taiwan, Bangladesh, Brunei, Indonesia, Nepal, Japan, Philippines, Sri Lanka. Thailand, Vietnam
• Bahrain, Jordon, Lebanon, Pakistan, Oman, Qatar, UAE
• Botswana, Ghana, Kenya, Nigeria, Tanzania, Uganda, Zambia, Zimbabwe
• Global Link: Country regulations for all online transactions and term and conditions of the account and remittance shall apply