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Savings Account Activation Offer : Terms and Conditions

Definitions
Bank: Standard Chartered Bank in India.

Eligible Client/s: An existing client who has a valid Standard Chartered Bank savings account and who has received the current offer vide SMS/ email or any other communication medium;

Offer: Eligible Clients will receive an Amazon voucher on transactions using their debit card during the Offer Period on the terms and conditions more specifically described in clause 2 on Offer Details hereinbelow;

Offer Period: 28 January 2022 (12:00:00 AM) to 28 February 2022 (11:59:59 PM);

Transaction: Transactions means online or point of sale transactions on debit card. Cash withdrawals at ATM will not qualify as a Transaction under this Offer;

Void Transactions:

a) Transaction which is either unsuccessful or cancelled/rejected by the Bank; or
b) Transactions which are followed up with partial or full reversals; or
c) Transactions that are cancelled by the Client.

Offer Details
2.1 Eligible Clients will receive an Amazon voucher on maintaining balances or crediting their salary and  making Transaction on debit card during the Offer Period. Value of Amazon voucher will be based on the Transaction value charged on the Banks debit card as shown in table below:

Debit Card Transaction value Amazon Voucher
INR 1000/- – INR 4999/- INR 250/-
INR 5000/- – INR 9999/- INR 500/-
Above INR 10000/- INR 750/-

and;

2.2 Eligible Clients should make a minimum debit card Transaction of INR 1000/- (Rupees One Thousand only) during the Offer Period. Void Transactions shall not qualify for the Offer; and

2.4 Eligible Client should maintain Monthly Average Balance (MAB) applicable to the savings account variant from 01 February 2022 to 28 February 2022 or in case of employee banking account, salary credit from 01 February 2022 to 28 February 2022 should be made.

For the purpose of illustration, If the Eligible Client is an aXcessplus account holder and spent INR 10,500/ (Rupees Ten Thousand Five Hundred only) on 29 January 2022 and the MAB maintained by the Eligible Client for the period 01 February 2022 to 28 February 2022  (i.e for the month of February 2022) is INR 25,000/- (Rupees Twenty Five Thousand only) i.e MAB required for aXcessplus account holder, then the Eligible Customer qualifies for an Amazon voucher of INR 750/- (Rupees Seven Hundred and Fifty only).

3. This Offer is valid only for Eligible Clients, who have received the Offer communication from the Bank through email and/or SMS and/or any other communication medium

4. Amazon voucher will be sent by the Bank to the Clients within 2 months from the end of the Offer Period. The Bank will send the Amazon voucher on the registered mobile number or to the registered email address of the Clients meeting the Offer terms. Amazon voucher terms shall apply for redemption of the voucher.

5 General Terms and Conditions
5.1 The Bank reserves the right to modify/change all or any of the terms applicable to this Offer. The Bank also reserves the right to modify, withdraw or discontinue the Offer without assigning any reasons whatsoever. Neither anything contained in these terms and conditions, nor shall running this Offer be construed as an obligation on the Bank to continue the Offer up to the termination/expiry date.

5.2 Participation in this Offer is entirely voluntary and it is agreed and understood by the participants that participation shall be deemed to have been made on a voluntary basis.

5.3 The Offer is non-transferable.

5.4 The Offer shall not be available wherever it is prohibited under law and/or cannot be made for any reason whatsoever.

5.5 All disputes under this Offer are subject to the exclusive jurisdiction of the competent courts/tribunals of Mumbai.

5.6 The Bank shall not be obliged to make any public announcements of the results of the Offer. In all matters relating to this Offer, the decision of the Bank shall be final and binding.

5.7 By participating in this Offer, the participants agree to be bound by the terms and conditions contained herein.

5.8 Any tax or other liabilities or charges payable to the government or any other statutory authority/body or any participating establishment, which may arise or accrue to the Clients, shall be solely borne by the Clients.

5.9 This is an exclusive Offer and cannot be clubbed with any other existing or previous offers from Standard Chartered Bank.