A unique wealth management solution, Standard Chartered's Parivaar Account offers you a flexible, convenient family savings account for wealth accumulation and preservation
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FAQs

    • What is the minimum balance requirement in Parivaar?
      An average balance of Rs. 25,000 per quarter across all accounts.
    • Will the main account's balance be aggregated with the balances in add-on accounts for the purpose of calculating the monthly average balance?
      Yes.
    • Who can be included in 'family'?
      Your spouse, parents, parents-in-law, siblings and children can be included in the Parivaar Account.
    • How many accounts can the family open?
      Up to four aXcessPlus savings accounts can be bundled in a Parivaar Account. These accounts may be opened jointly or on a sole basis. Each account will carry its own operating mandate. You don't have to be a joint account holder in these accounts to avail of Parivaar benefits.
    • How many individuals can a family have?
      The family may have up to 5 individuals. These 5 persons may open up to 4 accounts, as described above. The accounts may be in any combination, for example family members defined as self, spouse, one parent and two children.

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