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UPI Transaction

  1. Definitions
    1. Bank: Standard Chartered Bank in India.
    2. Client/s: Resident Client means client from the personal, premium or priority segment who has maintained a savings account with the Bank.
    3. Offer: Offer means Clients who have done a UPI Transaction of amounts referred in the point 2.1 during the Offer Period they will be eligible to receive reward points on the terms and condition described below.
    4. Offer Period: October 24, 2022 (12:00:00 AM) to December 24th,2022 (11:59:59 PM).
    5. Transaction: Transactions means online or on a point of sale.
    6. Void Transactions:
      • Transaction which is either unsuccessful or cancelled/rejected by the Bank; or
      • Transactions which are followed up with partial or full reversals; or
      • Transactions that are cancelled by the Client.
  1. Offer Details
    1. Client is eligible to receive up to 3000(Three thousand) reward points on UPI transactions of >=500(Rupees Five Hundred) INR, minimum 5 transaction during the offer period.
      * Provided the Client maintains a balance with the Bank greater than Rs. 25000/- (Rupees Twenty-Five Thousand only) during Offer Period.
    2. Only select Client holding an existing savings account with the Bank are eligible for the Offer.
      To illustration
      During the Offer Period, if a client does five UPI transaction of >=INR500(Five hundred) then the Client will be eligible to avail the Offer.
      * Provided the Client maintains a balance with the Bank greater than Rs. 25000/- (Rupees Twenty-Five Thousand only) during Offer Period.
    3. This Offer is available for Bank Clients, who have received the Offer communication from the Bank through email, SMS or banners on internet banking.
    4. Reward Points will be sent by the Bank to the Clients within 2 months from the end of the Offer Period. The Bank will send the Reward Point in the client account.
  1. General Terms and Conditions
    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.
    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.
    3. The Offer is non-transferable.
    4. The Offer shall not be available wherever it is prohibited under law and/or cannot be made for any reason whatsoever.
    5. All disputes under this Offer are subject to the exclusive jurisdiction of the competent courts/tribunals of Mumbai.
    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.
    7. By participating in this Offer, the participants agree to be bound by the terms and conditions contained herein.
    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 participants, shall be solely borne by the participants.