Standard Chartered Savings Account
Standard Chartered, a leading international bank, offers a diverse range of Savings Accounts designed to cater to your unique financial goals and lifestyle. Whether you’re a young professional saving for your future, a seasoned investor seeking growth, or someone focused on convenience and rewards, there’s a Standard Chartered Savings Account perfect for you.
Features and Services of Standard Chartered Bank Savings Account
Variety of Account Options: Standard Chartered Bank provides various types of savings accounts, each designed to cater to specific customer needs, including regular savings accounts, premium savings accounts, salary accounts, and accounts for students and senior citizens.
Convenient Banking Services: Access a wide range of banking services, including online banking, mobile banking, phone banking, and SMS banking, for seamless account management and transactions.
Attractive Interest Rates: Enjoy competitive interest rates on your savings balance, helping your money grow steadily over time.
Debit Card Facilities: Receive a complimentary debit card with your savings account, offering convenient access to ATMs, online payments, and other benefits.
Customer Support: Benefit from personalized customer service and support to address any queries or concerns related to your savings account.
Types of Standard Chartered Savings Accounts
- Prime Savings Account: Earn high interest rates, enjoy reward points, and access exclusive privileges.
- aXcess Plus Savings Account: Earn rewards on debit card spending and enjoy convenient features.
- Regular Savings Account: A basic account with flexible options and easy access.
- Insta Save Account: Open instantly online with zero balance requirement.
- Salary Savings Account: Exclusively for salaried individuals with attractive benefits.
- Senior Citizen Savings Account: Enjoy higher interest rates and dedicated services for seniors.
- Savings Account for Minors: Start your child’s financial journey with a secure and rewarding account.
Standard Chartered saving account minimum balance and Interest rates
| Savings Account Type | Minimum Balance Requirement | Interest Rate |
|---|---|---|
| Regular Savings Account | Rs. 10,000 | 3.00% p.a. |
| Premium Savings Account | Rs. 25,000 | 4.00% p.a. |
| Salary Account | Zero | 3.50% p.a. |
| Students Savings Account | Rs. 2,000 | 2.75% p.a. |
| Senior Citizens Savings Account | Rs. 5,000 | 4.25% p.a. |
Standard Chartered Savings Account charges
| Transaction Type | Charges |
|---|---|
| ATM Withdrawal (Non-Standard Chartered ATMs) | Rs. 20 per transaction |
| Cheque Book Issuance | First Cheque Book Free, Subsequent Charges Apply |
| NEFT/RTGS Transactions | Charges may apply based on transaction amount and channel |
Steps to Open an Standard Chartered Savings Account:
Research Account Types: Standard Chartered offers various types of savings accounts tailored to different customer needs. Research and choose the one that best fits your requirements.
Visit Standard Chartered Website or Branch: You can explore savings account options on the Standard Chartered website or visit your nearest branch to learn more about their offerings.
Select Account Type: Choose the type of savings account that aligns with your financial goals and preferences.
Fill Application Form: Complete the account opening application form with accurate personal and contact details. You may fill out the form online or at the branch.
Provide Required Documents: Submit the necessary documents required for opening a savings account. This typically includes identity proof, address proof, and photographs.
Minimum Deposit: Ensure that you meet the minimum deposit requirement specified by Standard Chartered for the selected savings account type.
Account Activation: Once your application is processed and verified, your Standard Chartered Savings Account will be activated. You will receive your account details, including the account number and welcome kit.
Documents Required for Opening a Standard Chartered Savings Account:
Identity Proof: Aadhaar Card, Passport, Voter ID, Driving License, PAN Card, etc.
Address Proof: Aadhaar Card, Passport, Utility Bills (Electricity Bill, Water Bill, Gas Bill), Rental Agreement, Bank Statement with Address, etc.
Photographs: Passport-sized photographs.
Benefits of a Standard Chartered Savings Account:
- Competitive interest rates on savings balances.
- Access to a wide network of ATMs and branches across India and globally.
- Convenient banking services, including online banking, mobile banking, and phone banking.
- Personalized customer support to address your banking queries and concerns.