Standard Chartered Savings Account Interest Rates : Apply Online

Updated: 04-09-2018 12:59:06 PM

Standard Chartered offers a range of banking product and services to its customers from current accounts and savings accounts to various loans and financial products. It has an array of savings accounts catering to the needs of unique segments of society. The following types of Standard Chartered savings accounts offer different features and benefits to cater the diverse needs of individuals.

Standard Chartered Bank Savings Account Interest Rate

Standard Chartered Bank provides interest up to 4% p.a. on your savings account balance above Rs. 50 lakhs. However, on savings account balance up to Rs 50 lakhs, Standard Chartered Bank provides 3.5% interest per annum.

Savings Bank Balance	Standard Chartered Savings Account Interest Rate (Per Annum)
Up to Rs. 50 lakh	3.5%
Above Rs. 50 lakh	4%

Types of Standard Chartered Bank Savings Account

Standard Chartered Bank enables its customers to open a savings bank account through two modes – online and offline. We have classified the savings account offered by Standard Chartered Bank into online and offline channels.

Types of Standard Chartered Savings Account	Primary Features
Online Savings Account
Digital Savings Account	Instant Account Opening International Platinum Debit Card (free for first year)
Offline Savings Account
Employee Banking Account	Dedicated Relationship Manager Zero Balance Savings Account
aXcessPlus Account	Platinum International Debit Card (free for first year) Free cash withdrawals across Standard Chartered Bank ATMs
SuperValue Account	Platinum International Debit Card (free for first year) Free cash withdrawals across Standard Chartered Bank ATMs
Parivaar Account	Platinum International Debit Card (free for first year) Bundle up to 4 aXcessPlus savings account
eSaver Account	Platinum Debit Card with 5% cashback Auto Sweep Facility
2-in-1 Savings Account	Platinum Debit Card (free for first year) Auto Sweep Facility
3-in-1 Savings Account	Platinum Debit Card (free for first year) MAB as low as Rs. 5000
Basic Banking Account	Zero Balance Savings Account Free Platinum Debit Card
Aasaan Account	Zero Balance Savings Account Free Platinum Debit Card

*Standard Chartered Bank offers interest up to 4% on online as well as offline savings account. Standard Chartered eSaver Account earn you higher rate of interest with auto sweep facility.

Online Savings Account

1. SC Digital Account

Standard Chartered Digital Account	Features
Account Opening Process	Paperless
Interest Rate	3.5% p.a.*
Monthly Average Balance	Rs. 10,000
Debit Card	Free Platinum Debit Card for first year

*Standard Chartered provides 4% interest per annum on the account balance above Rs. 50 lakhs. For balances up to Rs. 1 crore, the rate of interest provided is 3.5% per annum.

This savings account from Standard Chartered Bank is a 100% digital savings account, which can be opened instantly online using your PAN and Aadhaar based e-KYC.

Features & Benefits

Open your account instantly using Aadhaar based eKYC

Earn 2x reward points on every online transaction with 360° rewards program

Get an international Platinum debit card free for first year and enjoy 15% off across 600 restaurants

Monthly average balance of Rs 10,000

Get complimentary 3 months Saavn Pro Subscription

Earn up to 3.5% interest p.a. on daily end of day balances and the same will be paid quarterly

Eligibility Criteria

Resident Individual

More than 18 years of age

Individual not having any other Aadhaar OTP (e-KYC) verification based account with Standard Chartered or any other bank

Mobile number linked with Aadhaar number

Documents Required

To apply for a digital savings account with Standard Chartered Bank, you should have:

PAN Card
Aadhaar Card (linked with a mobile number)

How to open Standard Chartered Bank Savings Account online?

Anyone can open Standard Chartered Bank savings account online by visiting Standard Chartered’s official website.

Offline Savings Account

1. Employee Banking Account

Standard Chartered Employee Banking Account	Features
Minimum Balance Requirement	Zero Balance Savings Account
Interest Rate	3.5% p.a.*
Dedicated Relationship Manager Available	Yes
ATM Cash Withdrawals	Free
Eligibility Criteria	Indian Resident, Foreign National

*Standard Chartered provides 4% interest per annum on the account balance above Rs. 50 lakhs. For balances up to Rs. 1 crore, the rate of interest provided is 3.5% per annum.

2. aXcessPlus Account

Standard Chartered aXcessPlus Account	Features
Minimum Balance Requirement	Rs. 25,000
Interest Rate	3.5% p.a.*
Phone Banking, Online Banking	Yes (If Minimum Average Quarterly Balance is maintained)
ATM Cash Withdrawals	Free
Debit Card	International Debit Card
Eligibility Criteria	Indian Resident, Foreign National, HUF

*Standard Chartered provides 4% interest per annum on the account balance above Rs. 50 lakhs. For balances up to Rs. 1 crore, the rate of interest provided is 3.5% per annum.

Eligibility Criteria

Following can open Standard Chartered aXcessPlus Account:

Resident Individual
Foreign National
Hindu Undivided Family (HUF)

3. SuperValue Account

Standard Chartered SuperValue Account	Features
Monthly Average Balance	Rs. 50,000
Interest Rate	3.5% p.a.*
Phone Banking, Online Banking	Yes (If Minimum Average Quarterly Balance is maintained)
ATM Cash Withdrawals	Free
Debit Card	Free Platinum International Debit Card for first year
Eligibility Criteria	Indian Resident, Foreign National, HUF

*Standard Chartered provides 4% interest per annum on the account balance above Rs. 50 lakhs. For balances up to Rs. 1 crore, the rate of interest provided is 3.5% per annum.

4. Parivaar Account

Standard Chartered Parivaar Account	Features
Minimum Balance Requirement	Rs. 25,000 per quarter
Interest Rate	3.5% p.a.*
Phone Banking, Online Banking	Yes
Number of Accounts Linked	Maximum 4 aXcessPlus Savings Account
Debit Card	Free Platinum International Debit Card for first year
Eligibility Criteria	Resident Individual, Foreign National

*Standard Chartered provides 4% interest per annum on the account balance above Rs. 50 lakhs. For balances up to Rs. 1 crore, the rate of interest provided is 3.5% per annum.

5. eSaver Account

Standard Chartered eSaver Account	Features
Monthly Average Balance	Rs. 25,000
Interest Rate	7.50% p.a.*
Fixed Deposit Tenure	Nine days up to 1 year
Auto Sweep Facility	Yes
Debit Card	Free Platinum Debit Card with 5% cash back
Eligibility Criteria	Resident Individual, Foreign National, HUFs

*Standard Chartered provides 4% interest per annum on the account balance above Rs. 50 lakhs. For balances up to Rs. 1 crore, the rate of interest provided is 3.5% per annum. With eSaver Account, you can get 7.50% interest for a fixed deposit with 2 year tenure.

6. Standard Chartered Term Deposit Interest Rates – eSaver Savings Account

Tenor band	INR < 1 Cr*
7 – 9 days	4.25%
10 – 14 days	4.25%
15 – 17 days	4.50%
18 – 20 days	4.50%
21 – 23 days	4.50%
24 – 26 days	4.50%
27 – 29 days	4.50%
30 – 32 days	5.00%
33 – 35 days	5.00%
36 – 38 days	5.00%
39 – 41 days	5.00%
42 – 44 days	5.00%
45 – 47 days	5.50%
48 – 50 days	5.50%
51-53 days	5.50%
54 – 56 days	5.50%
57 – 59 days	5.50%
60 – 74 days	5.75%
75 – 89 days	5.75%
90 – 104 days	6.50%
105 – 120 days	6.50%
121 – 149 days	6.75%
150 – 164 days	6.75%
165 – 180 days	6.75%
181 – 210 days	7.00%
211 – 226 days	6.70%
227 – 269 days	6.70%
270 – 345 days	6.70%
346 – 364 days	6.70%
1 year – 375 days**	7.25%
376 – 390 days	6.50%
391 days < 18 Months	6.50%
18 Months < 21 Months**	7.40%
21 Months < 2 Years**	7.40%

*Data as on 22^nd August, 2018

**Senior Citizen rate not applicable on eSaver deposits

7. 2-in-1 Savings Account

Standard Chartered 2-in-1 Savings Account	Features
Minimum Balance Requirement	Rs. 10,000
Interest Rate	3.5% p.a.*
Auto Sweep Facility	Yes
Debit Card	Free Platinum International Debit Card for first year
Eligibility Criteria	Resident Individual, Foreign National, HUFs

*Standard Chartered provides 4% interest per annum on the account balance above Rs. 50 lakhs. For balances up to Rs. 1 crore, the rate of interest provided is 3.5% per annum.

8. 3-in-1 Savings Account

Standard Chartered 3-in-1 Savings Account	Features
Minimum Balance Requirement	Rs. 5,000
Interest Rate	3.5% p.a.*
Debit Card	Free Platinum International Debit Card for first year
3 in 1 Account	Savings Account, Demat Account, Trading Account
Eligibility Criteria	Resident Individual, Foreign National

*Standard Chartered provides 4% interest per annum on the account balance above Rs. 50 lakhs. For balances up to Rs. 1 crore, the rate of interest provided is 3.5% per annum.

9. Basic Banking Account

Standard Chartered Basic Banking Account	Features
Minimum Balance Requirement	Zero Balance Savings Account
Interest Rate	3.5% p.a.*
Debit Card	Free Platinum Debit Card for first year
ATM Withdrawals	Unlimited from any Bank’s ATM
Eligibility Criteria	Resident Individual, Foreign National, HUFs

*Standard Chartered provides 4% interest per annum on the account balance above Rs. 50 lakhs. For balances up to Rs. 1 crore, the rate of interest provided is 3.5% per annum.

10. Aasaan Account

Standard Chartered Aasaan Account	Features
Minimum Balance Requirement	Zero Balance Savings Account
Interest Rate	3.5% p.a.*
Debit Card	Free Platinum Debit Card for first year
ATM Withdrawals	Unlimited from any Bank’s ATM
Eligibility Criteria	Resident Individual, Foreign National, HUFs

*Standard Chartered provides 4% interest per annum on the account balance above Rs. 50 lakhs. For balances up to Rs. 1 crore, the rate of interest provided is 3.5% per annum.

11. Super Value Account (Not available)

Standard Chartered Super Value Account	Features
Monthly Average Balance	Rs. 50,000
Interest Rate	3.5% p.a.*
Debit Card	Free International Debit Card
Free Investment Advisory Services Available	Yes

Documents required for opening Standard Chartered Savings Accounts

1. Aadhaar and PAN card are mandatory for Indian residents

2. Identity proof:

Aadhaar
Any one of the following photo cards:
Passport
PAN card
Voter Id card
Govt ID

3. Address Proof:

Aadhaar
Any one of the following documents with current residence address:
Passport
Driving license
Phone bill
Electricity / other utility bill
Rental agreement
Latest other bank / credit card statement

4. One recent passport-sized photograph

Applying for an Offline Savings Account from Standard Chartered Bank

If you want to open any of the offline savings accounts from Standard Chartered Bank which are listed above, then you can do so by visiting the nearest Standard Chartered Bank’s branch. You can choose the savings bank account from Standard Chartered from the list and apply for the chosen bank account type easily.

For any queries, you can also contact Standard Chartered Bank using below-mentioned phone banking numbers.

Phone banking numbers
Ahmedabad, Bangalore, Chennai, Delhi, Hyderabad, Kolkata, Mumbai, Pune	6601 4444/ 3940 4444
Allahabad, Amritsar, Bhopal, Bhubaneswar, Chandigarh, Cochin / Ernakulam, Coimbatore, Indore, Jaipur, Jalandhar, Kanpur, Lucknow, Ludhiana, Nagpur, Patna , Rajkot, Surat, Vadodara	6601 444/ 3940 444
Gurgaon, Noida	6601 444/ 3940 444
Jalgaon, Guwahati, Cuttack, Mysore, Thiruvananthpuram, Vishakhapatnam, Mathura, Proddatur, Dehradun, Saharanpur	011 – 66014444 / 011 – 39404444
Siliguri	1800 345 1000 (For domestic dialing within India only)

Standard Chartered Savings Account

CIBIL TERMS AND CONDITIONS

EQUIFAX TERMS AND CONDITIONS

EXPERIAN TERMS AND CONDITIONS

CRIF HIGH MARK TERMS AND CONDITIONS

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Standard Chartered Bank Savings Account Interest Rate

Types of Standard Chartered Bank Savings Account

Online Savings Account

Offline Savings Account

CIBIL TERMS AND
CONDITIONS

EQUIFAX TERMS AND
CONDITIONS

EXPERIAN TERMS AND
CONDITIONS

CRIF HIGH MARK TERMS
AND CONDITIONS