Standard Chartered Bank is a British Multinational Bank which is operating in India since 1858. It holds around 100 branches in 43 cities across India. Presently, with the availability of global capabilities together with a dedicated team and precise knowledge associated to geographic area controlled by the bank, this financial institution tries to fulfill the requirements of personal banking customers as well as entrepreneurs holding innovative solutions. Some of the key segments that Standard Chartered covers in India are Corporate and Institutional Banking, commercial and private banking and retail banking as well.
Standard Chartered Bank & Its Services
Standard Chartered Bank provides a wide range of products and services in India to cater various needs of the individual and business customers. At present, customers can manage a variety of services provided by the bank such as Savings Accounts, Current Accounts, Term Deposits, Employee Banking Accounts, Debit Cards, Online Banking and Phone Banking. In addition, a number of loans, namely, personal loans, home loans, car loans, etc. can also be availed directly from any of the bank branches managed by Standard Chartered Bank.
How to open a Savings Account with Standard Chartered Bank
A savings account is a necessity for customers as they can safeguard their money for the future and earn interest on the savings too. This amount can be accessed anytime, depending on the will of the account holder. Moreover, you can easily access your money and make transfers by logging in to your net banking using your Standard Chartered account number (savings account) and IFSC code. Various benefits of having a savings account include:
- A savings account permits you to start investing even with minimum cash. You only have to open your savings account with a minimum deposit and initiate deposit funds as per your will.
- With a savings account, you also hold access to internet banking as well as phone banking for managing quick transactions. The customers can transfer funds via IMPS & NEFT, check transactions, check Standard Chartered account number, branch details and credit card details directly with the help of Internet Banking service.
Alternatively, customers can opt to open Standard Chartered Savings Account online as well.
What are the documents required to open a Standard Chartered Savings Account?
There is a systematic procedure that needs to be followed in order to open a savings account with Standard Chartered Bank. Below mentioned are the necessary documents that need to be presented at the time of account opening.
Proof of identity:
- Pan Card
- Voter’s ID Card
- Ration Card
- Passport
Aadhaar Card: A copy or letter of Aadhaar Card issued by UIDAI or Unique Identification Authority of India comprising details such as name, address and father’s name.
Letter of Recognition: A copy or original letter verified by public authority or public servant authenticating your identity as well as residence with an aim to satisfy the bank.
Address Proof:
- Telephone bill/Electricity bill
- Account statement by the bank
- Rent agreement highlighting address of the individual accordingly listed with state government or related registration authority
- Letter acquired from a recognized public authority
- Ration card
Do keep in mind that, photocopies (self-attested) of the documents are compulsory and originals need to be presented for bank authentication. One can carry the original documents with the photocopies as the later are kept for bank records.