Which entities are eligible for an SC StartUp Account?

Sole proprietors/proprietorship firms Partnership firms Public and Private companies (including closely-held limited companies) Others such as professionals, trusts, associations, societies, etc

How can I open an SC StartUp Account?

You need to submit the following documents at the time of opening your account: Account Opening Form Most Important Document (MID) Identity and proof of address Documents depending on the facilities sought (eg. trade, internet banking, doorstep banking etc.) You will be advised of any other documents required at the time of application

SC StartUp Account – Apply for a StartUp Current Account

Secure online transactions

Fully-integrated digital platform with 3 levels of login access, complete data security, and integrity of information.

AMB waiver

Flexibility of a waiver on Average Monthly Balance (AMB) criteria for 1 year

SME Cash Management

Collection & clearing of local/outstation cheques, e-alert facility & timely reports of cheque collections & returns.

Secured transactions with Straight2Bank (S2B)

360° digital platform to conduct all your business transactions.

e-Alert facility

Convenient and instant e-Alert services for all remittances.

Doorstep Banking facility

Cash & cheque pick up/drop facility, from the comfort of your home.

Customisable pricing

Flexible pricing based on your requirements and relationship with Standard Chartered.

Reach us

24×7 Phone Banking helpline and a wide network of branches.

International Debit Card powered by Visa

Global debit card to withdraw cash & make payments across the Visa network.

Additional features

Free Visa Infinite business debit card, RTGS and NEFT transactions, online salary upload through S2B and more.

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The SC StartUp Account is just what you need to give your StartUp its big break. It is a Current Account that has been designed keeping in mind the growing needs of a StartUp and its ambitions. It offers enhanced transactional convenience with our Straight2Bank (S2B) platform, cheque pick-up facility, and debit card offerings.

Single product variant with dynamic pricing.
– AMB charge waiver for a year; post which there is a requirement to maintain INR 2 lacs Average Monthly Balance
– Straight2Bank (corporate internet banking platform): A web-based platform (via internet) for conducting payments, trade and Forex transactions online.
– Cash Management services: A receivable management solution aimed at providing speedy realization of outstation cheques with enhanced logistical support for management cheque collections.
– e-Alert service: Provides the automated delivery of ITT/OTT and RTGS advice by email to the customer, as and when a remittance/RTGS transaction takes place in the customer’s account.
– Online tax payment facility.

The SC StartUp Account is simple and innovative without the rigidity of the variant system.

Waiver on Average Monthly Balance (AMB) for 1 year, followed by which the requirement charges to a minimum INR 2 Lakhs AMB to be maintained. A fee for non-maintenance of balance is charged only if the AMB is below the mentioned threshold.

The SC StartUp Account gives you access to the Bank’s partners in the fintech space for ease of transaction initiation through available API stacks.

Sole proprietors/proprietorship firms
Partnership firms
Public and Private companies (including closely-held limited companies)
Others such as professionals, trusts, associations, societies, etc

You need to submit the following documents at the time of opening your account:

Account Opening Form
Most Important Document (MID)
Identity and proof of address Documents depending on the facilities sought (eg. trade, internet banking, doorstep banking etc.)

You will be advised of any other documents required at the time of application