Automatic renewal of deposit.

Special Features | Interest Rates

Special Features

Suitable features of Rupee Term Deposits:

  • Attractive returns.
  • Flexible deposit periods.
  • Choice of monthly, quarterly, semi-annual or annual profit payments.
  • Automatic renewal of deposit.
  • Free 24-hour Phone Banking.
  • Overdraft facility.
  • Minimum requirement for placement of Term Deposits is PKR 50,000.
  • 9AM – 6PM* Non-stop Banking.

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

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Speaking Up

Standard Chartered Bank (the “Bankâ€) 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.

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