Standard Chartered Credit Cards Bill Payment

The bank currently offers 7 types of credit cards to suit the requirements of different kinds of customers. Its list of card options ensures that there is a right match for each customer. Standard Chartered credit cards help make all wishes come true.

This card is best suited for frequent shoppers at Landmark Group affiliated stores like Lifestyle, Max, Spar, Home Centre and others.

This card offers great savings on fuel, telephone and utility bills (electricity, gas and water).

Offering one of the best reward programmes in India, this card gives unmatched lifestyle benefits on holidays, golfing retreats, movie tickets, dining and more.

This credit card empowers holders with benefits like cash back and attractive rewards on shopping.

Perfect for frequent travellers, this card gives cash back and reward points on bookings made through Yatra.com

This card caters to every need of the international traveller who flies Emirates. It offers Emirates Skywards Membership, complimentary domestic lounge access, duty free cash back and an air accident insurance of up to Rs. 1 crore.

Offered exclusively to Standard Chartered Bank Priority Banking customers, it offers unique privileges and one-of-a-kind personalised services.

The bank offers easy credit card payment options by offering customers, a variety of ways to pay the credit card bill. There are 9 methods of credit card bill payment – 4 online payment options and 5 other type of payment options.

• NEFT/IBFT

National Electronic Funds Transfer (NEFT) is a nation-wide payment system that facilitates one-to-one transfer of funds. This scheme allows individuals, firms and corporates to transfer funds electronically from any bank branch to any individual, firm or corporate having an account with any other bank branch in the country that is participating in the scheme.

Inter Bank Fund Transfer (IBFT) is a payment facility offered by Standard Chartered Bank as part of Online Banking. It allows a customer to transfer funds from his/her Standard Chartered Bank savings or current account to any other account in any bank.

To use any one of these 2 payment systems, one should quote the IFSC code SCBL0036001 (MG Road, Mumbai) to transfer money directly from one’s bank account to Standard Chartered Bank credit card account.

• Standard Chartered Online Banking

One can clear credit card dues by using Standard Chartered online banking. This can be done conveniently by logging into Standard Chartered Online Banking account using the internet banking username and password to make quick and easy payments. This method allows payment through account transfer – anytime, anywhere. The customer can view his/her statement online and then decide – the minimum due amount, total amount or any amount of choice to be paid.

• Visa Credit Card Payment

This innovative service allows transfer of funds from the customer’s bank account to any Visa credit card issued in India. It is possible to send money to over 27 million Visa card holders in India within 3 working days. A fee may be levied by the initiating bank when using Visa Money Transfer.

• Bill Desk

One can make the credit card bill payment in a secure and convenient manner using this option – anytime and anywhere from any bank account to the credit card account. After selecting one’s bank, card details and the amount to be paid, one is automatically redirected to the bank’s payment interface where the transaction is authenticated before final payment.

1. Cheque Payment

One can clear the credit card dues by making a payment through cheque. The cheque should be in favour of the “Standard Chartered Bank Card No. xxxx xxxx xxxx xxxx (16 digit credit card number)” and can be dropped at any Standard Chartered Bank’s cheque collection boxes.

The cheque should be complete in every way and any alteration done must be counter signed to prevent unnecessary cancellation. The bank’s website gives a complete list of locations having cheque collection boxes in India.
It is advised to make payments at least 3 days before the payment due date to ensure timely credit of funds into one’s credit card account. One should bear in mind that the credit limit is only increased by the amount repaid post receipt of funds. If the bank does not receive the payment by the payment due date, it has the right to levy interest and late payment charges.

2. Cash Payment

The credit card bill can also be paid by depositing cash at any Standard Chartered Bank branch having teller facility. One has to fill the cash deposit slip with required details and deposit the cash at the teller counter. The teller accepts the cash payment and hands over a receipt.

3. Phone Banking

One can call the Standard Chartered phone banking helpline and request a transfer from one’s bank account to pay the credit card bill. Assistance at the phone banking hotline is available 24x7.

4. Auto Debit/Electronic Clearing System (ECS)

One can even give instructions to one’s bank to automatically debit the savings account to pay the credit card bill in full or pay the minimum amount every month. This innovative facility known as Electronic Clearing System (ECS) ensures that no dues go unpaid. Since the entire process happens through Reserve Bank of India's electronic clearing mechanism, the customer can enjoy the benefits of ECS/auto debit irrespective of the bank in which he/she holds a savings account.

To apply for this facility, one has to download the required forms from the internet. Form A has to be submitted to own bank (where savings account is maintained). Form B and Form C have to be sent to Standard Chartered Bank (they can be dropped at any cheque drop box or mailed to the address mentioned on the form) along with a photocopy of a blank cancelled cheque issued by own bank.

5. Payment Apportionment

This method allows one to distribute the payment in case one has multiple credit cards and has to clear the outstanding payments and still maintain a good credit standing.

If one has multiple credit cards/EMI accounts with Standard Chartered and more than one have outstanding status, the bank can apportion/distribute the payment in such a way that it clears the outstanding amounts with the objective of keeping a good credit standing.
In the absence of any specific information on payment apportionment, Standard Chartered Bank first diverts funds towards the clearance of minimum amount due in respect of all card/EMI accounts of the customer. After that, excess payment is sequentially allocated towards payment of the credit card account with the highest balance. If any card account is overdue, the bank reserves the right to prioritise payments to the overdue accounts first.
For cash payments and funds transfer, individual payment should be made against each account.
One can even register for ‘Do Not Apportion’ if one wants to apportion the payment oneself (by giving specific instructions) and not by the system logic applied by the bank. This can be done by calling the Phone Banking Unit or emailing customer care for one-time registration to opt out of apportionment actions. Once the ‘Do Not Apportion’ request is registered, the payment will be only apportioned by the instructions given by the customer.