You'll find our Rupee Term Deposits so flexible; you'll think they were made-to-measure just for you. With a perfect match of regular income and attractive returns, Standard Chartered Bank's Rupee Term Deposits are available in tenors ranging from 7 days to 3 years.
Suitable features of Rupee Term Deposits:
All rates are quoted on an Annual Percentage Rate Basis
In case of premature encashment, the principal amount will be subject to profit adjustment. The adjustment will be 2% flat, applied to principal for the number of days the deposit is held with the bank. Further, SCBPL reserves the right to recover charges incurred due to premature termination of the deposit for the remaining period. These charges shall be:
0% or (PKRV* of remaining tenor on the early settlement date – PKRV of original tenor on the booking date); whichever is higher; charged on principal amount for the remaining days.
* PKRV page of Reuters
Call our hotline for further information.
111 002 002
Alternatively, please complete our contact form and we will be in touch as soon as possible.
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