With Standard Chartered’s Premium 2-in-1 Savings Account, you earn the same high interest rates as a fixed deposit but with the flexibility of a savings or current account
Apply Now

Additional Features

  • Combined Monthly Average Balance of Savings Account and all linked Term Deposits >= Rs.250,000 or Monthly Average Balance of Savings Account >= Rs.50,000
  • Flexibility of a Savings Account
  • Free personalised cheque book
  • Platinum Debit Card with a special promotional offer*
  • Discounts on Locker Fee**
  • All Term Deposits created from the Premium 2 in 1 Savings Account will be linked to the account by default
  • Withdraw money whenever you need it
  • Deposit more money in your account to earn a higher rate of interest
  • Account-related information at your fingertips through phone banking

* Take out a Platinum Debit Card with your Premium 2 in 1 Savings Account before 25 January 2012, and we’ll reduce the annual fees on your card to just Rs.499 for the first year. Annual fees of Rs.799 apply for subsequent years.

** 25% discount for all customers maintaining the Rs. 50,000 average quarterly balance

Details

The Double Advantage

The Premium 2-in-1 Savings Account links your Term Deposits to your Savings Account by default, which means should you experience a shortfall in your savings, funds will be automatically swept in from the linked Term Deposits, ensuring you enjoy both liquidity and higher returns.

Minimum amount to open an Online Term Deposit is 'INR 10,000/- and the same can be made in multiples of '1/-.

If you wish to withdraw more money than you have in your Savings Account, we will break your deposit for the exact amount you require. The rest of the deposit continues as per the original tenure.

Rupee Time Deposits held in Domestic and Non-Resident Ordinary (NRO) Accounts:
Traditional Term Deposit:

For Term Deposit with tenure below 1 quarter (3 months), interest is calculated on the basis of the actual number of days considering the year as 365 days

For Term Deposit with tenure greater than 1 quarter, interest for the quarter is calculated considering each quarter as 90 days and a year as 360 days (90 days x 4quarters)
Interest for the last quarter is calculated on the basis of actual number of days considering the year as 365 days

Reinvestment Term Deposit

Interest for each completed quarter is calculated considering each quarter as 90 days and year as 360 days (90 days x 4 quarters).
Interest for the last quarter is calculated on the basis of actual number of days considering the year as 365 days.
Interest for each quarter is compounded.

This methodology is applicable for all residents and NRO Accounts opened after 24 February 2009.

Click here to view Client Terms

Call Us

Reach us at our 24 hour phone banking hotlines.
Call Us »

Locate Us

Come and meet us near you.
Find a Branch »

Back to Top

Speaking Up

Standard Chartered Bank (the “Bank”) is committed to maintaining a culture of the highest ethics and integrity, and in compliance with all applicable law, regulation and internal policy. As part of this commitment, the Bank has a ‘Speaking Up’ programme through which genuine concerns in this regard can be raised. Members of the public can securely raise Speaking Up concerns through this hyperlink, which is hosted on behalf of the Bank by a third party ‘InTouch’. Examples of concerns that can be raised through this website are concerns that relate to accounting, internal accounting controls or auditing matters and concerns relating to bribery or banking and financial crime. Concerns received will be forwarded to the Bank’s investigations team for review. Complaints relating to SCB banking services should not be raised through this site in the first instance, but through the SCB branch network, contact centres, Relationship Managers or the ‘Contact Us’ webpage.

Disclaimer

Please note that this hyperlink will bring to you to another website on the Internet, which is operated by InTouch, an independent company appointed by the Bank to support its Speaking Up programme. Please be mindful that when you click on the link and open a new window in your browser, you will be subject to the additional terms of use of the website that you are going to visit.

Proceed