Existing resident Priority Banking clients (“Referrer”) can refer their family members and/or friends (“Referee”) who are interested in opening a Standard Chartered Priority Banking savings account.

Referral Program is valid for all resident Priority clients who:

• Has filled the referral form (and)
• Referee/s has/have opened a new Priority Banking account and satisfies the Priority Banking Funds Under Management (FUM)* qualification criteria.

By making a referral, a Referrer confirms that the Referee has consented to the Referrer to share Referee’s personal details, as captured in Standard Chartered Bank’s Referral Form for enabling Standard Chartered Bank to contact the Referee for the Priority Banking account.

*Priority Banking qualification criteria is as below:

Minimum monthly average FUM (Funds Under Management) of INR 50 Lakh.

^FUM (Funds Under Management) includes anyone, or the combination of the following products from the Bank: Savings Account balances, Term Deposit balances, Investments made through the Bank, value of Demat held with the Bank, Life-to-date (total) paid-up life insurance premium for policies in force (except Term Insurance and Group Insurance plans) and  funds held in Homesaver account ( applicable only for existing Homesaver customers).

General Terms & Conditions

• The program is valid for the existing Priority Banking resident Indian clients of the Standard Chartered Bank
• An existing Standard Chartered Priority client can refer as many prospects as desired without any upper cap.
• Standard Chartered Bank holds the exclusive right at its sole discretion to refuse or deny considering any client for the program.
• Participation in this program 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.
• The program shall not be available wherever it is prohibited under law and / or cannot be made for any reason whatsoever.