Save FAQs

• How does aXcessPlus work?
  aXcessPlus Account comes with a globally valid Debit/ATM Card which allows customers to access all Standard Chartered Bank ATMs and provides instant cash at all Visa Network ATMs in India and abroad.
  
  aXcessPlus customers get free cash withdrawal facility at any Visa Network ATM in India (Charges are levied for more than 5 Non-SCB ATM transactions in a month if Average Quarterly Balance of INR 25,000 is not maintained.) The Debit Card can be used to make purchases at over 326,000 merchant outlets in India.
• In which cities do we currently offer aXcessPlus accounts?
  aXcessPlus is currently offered in the following cities:
  
  Allahabad, Bhopal, Bhubaneshwar, Indore, Jalgaon, Ludhiana, Nagpur, Rajkot, Pune & Siliguri
• What is a debit card?
  The globally valid Standard Chartered Debit Card is the easiest way of accessing your bank account. A debit card allows you to purchase goods at Visa Electron merchant establishments and withdraw cash from any Visa Electron ATM in India and abroad using funds from your bank account.
• Which ATMs can aXcessPlus customers use for free?
  aXcessPlus customers can withdraw cash at any Visa Network ATM in India free of any charge. (Charges are levied for more than 5 Non-SCB ATM transactions in a month if Average Quarterly Balance of INR 25,000 is not maintained.). These include all ATMs of:
  • ICICI Bank
  • HDFC Bank
  • HSBC
  • Citibank
  • IDBI Bank
  • Axis Bank
  • Centurion Bank
  • Bank of Punjab
  • Corporation bank
  • IndusInd Bank
  • Kotak Mahindra Bank
  • Canara Bank
  • Dena Bank
  • Andhra Bank
  • State Bank of India
  • Development Credit Bank
  • Bank of India
  • Bank of Baroda
  • Syndicate Bank

  This is over and above all SCB ATMs.

• What is the advantage of a debit card?
  Debit card offers tremendous convenience in payments and helps reduce the amount of cash you need to carry. Besides you always stay in control of your finances as you can only spend what you have since you access your own funds to make purchases and to withdraw cash.
• What is the difference between a debit card and a credit card?
  The basic difference between a debit card and a credit card is that the debit card gives you access to your own money whereas the credit card is a form of loan and it accesses a line of credit offered by your bank. Put in simple terms, a debit card is a Buy Now Pay Now option while a credit card is a Buy Now Pay Later option. Therefore in a debit card there is no monthly repayment and there is also no interest charged.
• What are the fees for holding a Standard Chartered Debit Card?
  Refer to the SOSC.
• Is there any transaction charge levied each time the Debit Card is used?
  You have free access to all Standard Chartered Bank ATMs and are entitled to free cash withdrawals at any Visa Network ATM in India. (Charges are levied for more than 5 Non-SCB ATM transactions in a month if Average Quarterly Balance of INR 25,000 is not maintained.)
  
• Which outlets will accept the Standard Chartered Debit Card?
  The Standard Chartered Debit Card is welcomed at all merchant establishments and ATMs that accept Visa Electron in India and Abroad. Get instant cash at over 20,000 ATMs across India and over 10,00,000 ATMs across the world through the Visa network. And get a globally valid Debit Card that lets you shop at over 3,26,000 outlets in India and at over 14 million outlets across the world.
• What will be the mode of payment in case of a Debit Card?
  There will be no monthly outstanding in case of a Debit Card. Your account will be instantly debited to the extent of purchases made and amount withdrawn from the ATMs on the debit card.
• What is the procedure to be followed in case of loss of the Debit Card?
  It is important that you report the card loss immediately by calling the Phone Banking staff. You are also advised to send a letter to the bank at the address / fax no. advised to you by the Phone Banking executives.
• What are the charges I have to pay for replacement of the lost card?
  As per the SOSC.
• What is the daily withdrawal limit on Platinum Debit Card?
  For Employee Banking customers, the daily withdrawal limit is INR 50,000 at ATM and INR 200,000 at POS(Point of Sale). For other customers, the daily withdrawal limit is INR 200,000 at ATM and POS (Point of Sale) each.
• What will be the time required by the bank for the processing of a Debit Card?
  Your Debit Card will reach you within 3-weeks of the receipt of your application form.
• Will I be able to use my Debit Card at petrol pumps?
  Yes. For applicability please refer to the SOSC.
• What will be the validity period of my Debit Card?
  Your Debit Card will be valid for 7 years from the date of issue.
• Who can be a Debit Card holder?
  Only customers who are sole account holders or joint holders with 'either or survivor' operating mandate can become a debit card holder.

• What is the Rewards program on e-transactions?
  Standard Chartered Bank is offering its savings account customers reward points on a host of electronic debit transactions. These reward points can be accumulated over the year and received as a cash-back**, where 1 reward point = 1INR.
• Who is eligible for the Rewards program?
  The Rewards Programme would be offered to our Savings Account customers maintaining the minimum required average quarterly balance.
• What are e-transactions?
  Electronic financial transactions carried out using any of the electronic channels such as ATM, Standing Instructions, Electronic Clearing Service, Internet Banking are called e-transactions.
• What is the condition for redeeming reward points?
  A minimum of 500 reward points should be accumulated in a year for redemption.
• Which e-transactions are eligible for rewards under the Rewards program?
  

  Transaction Type	Number of points
  Standing Instructions & Electronic Clearing Service	1 point
  Standing Instructions - Internal Transfer Debit (Trans code: 8581)
  Standing Instructions - Safe Deposit Rental (Trans code: 8583)
  Standing Instructions - Electronic Payment (Trans code: 8585)
  Standing Instructions - Loan Repayment (Trans code: 8589)
  Electronic Clearing Service
  Standard Chartered Bank ATM Financial Transactions (Maximum of 20 points per month can be accumulated under this)	5 point
  Fund Transfer
  Fast Cash
  Fast Cash w/o receipt
  Intra Transfer
  Withdrawal
  Withdrawal w/o receipt
  Net banking Financial Transactions (Maximum of 30 points per month can be accumulated under this)	5 point
  Inter Bank Fund Transfer
  VISA Money Transfer
  Demand Draft
  Card payment

• When will the customer get the cash back**?
  The cash back** amount will be credited into the bank account of the customer on request placed with Phone Banking team by the customer.
• Is there a cap on the maximum number of points that can be earned on Standard Chartered Bank ATM Financial transactions and Online Banking Financial transactions?
  Yes, the maximum number of points that can be earned per month on Standard Chartered Bank ATM Financial transactions is 20 and on Online Banking Financial transactions is 30.
• How long does the cash back** take after the customer has called Phone Banking?
  The cash will be credited into the account of the customer within 5 working days after a request to redeem reward points is made by the customer with the Phone Banking team.
• How will the reward points be calculated?
  The reward points for e-transactions are calculated from the table as given in the first part of FAQs. All other reward programmes announced by the bank are separate and their limits and eligibility cannot be clubbed with this offering.
• What is the validity of the reward points?
  Reward points earned during a year (from 1st January to 31st December of a year) are valid till June 30th of the next year and should be redeemed within this period.
• Will the current reward points on Debit Card POS spends at merchant establishments continue?
  Yes, the current reward and loyalty programme on Debit Card POS spends at merchant establishments will continue in addition to Points for e-transactions.
• Is there a cap on the maximum number of points that can be earned on Standard Chartered Bank ATM Financial transactions and Online Banking Financial transactions?
  Yes, the maximum number of points that can be earned per month on Standard Chartered Bank ATM Financial transactions is 20 and on Online Banking Financial transactions is 30. For details on Standard Chartered Bank ATM and Online Banking Financial transaction categories, please refer to the table on Rewards program mentioned on the first page of FAQs.

Business Plus Account

• What does the Banking Ombudsman Scheme (the Scheme) offer you?
  The Banking Ombudsman Scheme, 2006 (which has been brought into force w.e.f 1st January 2006), offers you recourse for resolution of:
  • your complaints, by the Banking Ombudsman, against your bank, in respect of such services of the bank which are stipulated under the Scheme; and
  • resolution of claim of the bank against you, by the Banking Ombudsman (as an arbitrator), provided that the value of the claim in such dispute does not exceed Rs.10 lakhs ;
  without affecting your right to go to court, in case you are not satisfied with the Award of the Banking Ombudsman, under the Scheme.
• How does Banking Ombudsman assume jurisdiction under the scheme?
  Under the Scheme, the Banking Ombudsman assumes jurisdiction on receipt of complaints against a bank alleging deficiency in banking service for consideration and resolution of such complaints.
  
  As an arbitrator, the Banking Ombudsman assumes jurisdiction on receipt of reference of a dispute (between a bank and its constituents or between a bank and another bank) with mutual consent of both the parties, for arbitration.
• What sort of disputes the Banking Ombudsman can consider in respect of deficiency in banking service?
  Banking Ombudsman is competent to receive and consider complaints of following nature;
  • non-payment/inordinate delay in the payment or collection of cheques, drafts, bills, etc;
  • non-acceptance, without sufficient cause, of small denomination notes tendered for any purpose, and for charging of commission in respect thereof;
  • non-issue of drafts to customers and others;
  • non-adherence to prescribed working hours by branches;
  • failure to honour guarantee/letter of credit commitments by banks;
  • claims in respect of unauthorized or fraudulent withdrawals from deposit accounts, or fraudulent encashment of a cheque or a bank draft, etc;
  • complaints pertaining to the operations in any savings, current or any other account maintained with a bank, such as delays, non-credit of proceeds to parties' accounts, non-payment of deposit or non-observance of the Reserve Bank directives, if any, applicable to rate of interest on deposits;
  • complaints from exporters in India such as delays in receipt of export proceeds, handling of export bills, collection of bills, etc. provided the said complaints pertain to the bank's operations in India;
  • complaints from Non-Resident Indians having accounts in India in relation to their remittances from abroad, deposits and other bank-related matters;
  • complaints pertaining to refusal of open deposit accounts without any valid reason for refusal and
  • any other matter relating to the violation of the directives issued by the Reserve Bank in relation to banking service.
• How does Banking Ombudsman function as an arbitrator?
  Banking Ombudsman functions as an arbitrator in respect of any dispute (between a bank and its constituents)
• What do you do if you are still not satisfide with the responce of the bank
  
  Write to us at:
  Standard Chartered Bank,
  Customer Care Unit,
  19, Rajaji Salai,
  Chennai 600 001
  
  If you are not satisfied with the response that you have received, you can write to:
  
  Mr. C Amuthavel
  Principal Nodal Office
  Standard Chartered Bank,
  19, Rajaji Salai,
  Chennai 600 001.
  
  Email Address: head.service@sc.com
  
  You will receive a response within 5 working days.
  
  In case you are still not satisfied with the resolution provided, you may contact the office of our Principal Nodal Office at:
  
  Ph : 080- 28089025
  (Monday to Friday - 9:30 AM to 6:30 PM)
  
  If you are still not satisfied with the response or if you have not received a response from the bank within a month, you can file your complaint before the Banking Ombudsman. For more details on Banking Ombudsman Scheme request you to visit www.bankingombudsman.rbi.org.in

Business Plus Account

• What are the key benefits of a Demat account with Standard Chartered?
  
  Safety
  • A personalised and numbered Instruction Booklet (similar to a cheque book) for the customer along with compulsory signature verification ensures safety and security in processing of transactions
  • Execution of instructions within the applicable timelines
  Convenience
  • Full fledged Service Desks at 20 branches across 8 cities
  • Unique Transaction cum Holding cum Billing Statement to enable you to understand transactions on your depository account and charges levied in a transparent and convenient manner
  • Convenient payment of charges through your existing bank account or Standard Chartered credit card
  Special Privileges
  • Immediate and Convenient Finance Against Securities (FAS) against your Demat Shares at special pricing. An immediate overdraft facility which you can use as per your requirements and pay interest only on the amount and for the period used
  • Nominal pledge charges in case shares are pledged for FAS facility from the Demat account opened with us
• What are the general advantages of a Demat account?
  
  • Trading in the Demat form eliminates the cumbersome use of paper
  • There is no stamp duty applicable on the value of transferred shares compared to the physical mode. This means a saving of nearly 0.5% in stamp costs
  • Normally brokerage for Demat shares is lower
  • You can save share transaction time by as much as 2 to 3 months. The shares purchased can be transferred to your Demat account immediately on settlement by your broker
  • You can maintain address and bank account details for all your investments through single communication with one Depository Participant
  • You can also avail Finance facility against Demat shares in a simple and easy manner
• How can I open my Demat Account with Standard Chartered?
  All you have to do is call any of our Depository Service Centres or Phone Banking lines and we'll assist you with a better understanding of the products and in opening the account.
• Where can I get services for my Demat account with Standard Chartered?
  You can avail of services on your Demat account at any of our Depository Service Centres.
• What is Demat Phone Banking?
  As a Demat account holder you can get information on your Demat account through our Phone Banking service in your city.
• How frequently will I get a statement pertaining to my Demat account?
  You will get a Transaction cum Holding cum Billing Statement on a quarterly basis. In addition you will also receive a monthly statement in case there are any transactions during the month.
• What is the tariff of charges for Demat services from Standard Chartered?
  Please refer schedule of charges for details on fees and tariff
• How should I pay the charges charged to my Demat account?
  You can pay your Demat charges by availing of any of these options:
  • Direct debit to any of your savings or current account with Standard Chartered
  • Debit mandate to your non-SCB account with a scheduled commercial bank, which is participant of the Electronic Clearing Service (ECS) of RBI
  • Charge to your Standard Chartered credit card

Business Plus Account

• How does aaSaan work? What is different about aaSaan? What is special about it?
  aaSaan is a "no minimum balance account" which has fully loaded features. For example, without committing to a minimum balance, you get:
  • First 5 ATM financial and non-financial transactions in a month are free from domestic Non-SCB VISA ATMs(maximum per transaction value Rs.10,000), post which there is a charge of Rs.20. Refer to the Schedule of Service Charges for charges
  • FREE anywhere banking (customer-in-person in non-domicile branches)
  • What’s more, you can also avail of an International Debit card (at a fee) and FREE local cheque book with this account.
• Do I get charged for Branch access?
  There is NO restriction in terms of you accessing your account from SCB branches (customer-in-person at non-domicile branches) and SCB-ATMs. What's more, you even get 5 FREE financial and non-financial transactions from domestic Non-SCB VISA ATMs each month.
• What are the eligibility criteria for opening an aasaan Savings Account?
  The aaSaan savings account is only offered PAN INDIA in all Standard Chartered Bank locations. Any Indian citizen, resident in any of the Standard Chartered Bank locations can open this account – if he/she has a Monthly Household Income of less than or equal to Rs. 10000 (subject to meeting documentation and other KYC requirements)
• What is the minimum balance required to be maintained for an aaSaan Savings Account? How much will I be charged for opening this account?
  There is No minimum balance to be maintained in this account. This account comes to you without any minimum balance requirement.
• Is there a limit on the number of times I can withdraw money from SCB and non-SCB ATMs?
  You can access your account any number of times from SCB ATMs for aaSaan. As for Domestic Non-SCB VISA ATMs, you get 5 FREE ATM financial and non-financial transactions per month.
• What is the rate of interest that I will earn on the balance in my aaSaan Savings Account?
  Please click here to view the interest rate on savings account. The same is calculated in the manner prescribed by RBI
• Is aaSaan a salary account product?
  No, both salaried as well as non-salaried customers in these select cities can have an aaSaan account.
• Will I get a cheque book along with the welcome kit?
  You will get a FREE local cheque book with aaSaan. The payable-at-par cheque book will be available to you at Rs. 225 for a 25-leaf cheque book.
• What would be the frequency of statements for this account?
  FREE Quarterly statements will be mailed across to your address captured on the system. You can also avail of the FREE passbook and FREE monthly statement facility at your branch.
• What are the other channels that I can use to access this account from?
  With the aaSaan account, you will get FREE access to
  • Online Banking
  • Phone Banking
  • SCB ATMs

Business Plus Account

• What is cheque collection facility and Express Cheque Collection? How does it help me?
  A cheque payable at a location other than the location where it is presented is called an outstation cheque. Clearing of these outstation cheques is called cheque collection facility. This facility is especially important if you have business interests in other cities & get their payment by way of cheques payable in those cities. These outstation cheques at times take more than 20 to 25 days to clear depending on the location. We have:
  • 1800 locations at which we offer cheque collection facility
  • Cheques drawn on our branch locations will be cleared free of charge.
  Please refer to our Collection policy for more details.
• What is Doorstep Banking?
  Doorstep Banking involves the following:
  • Pick-up - cash, cheque, customer instructions
  • Delivery - cash, drafts / pay order
• How do I avail of Enhanced Business Plus benefits?
  Enhanced Business Plus Account gives you all that a Business Plus Account offers and much more.
  
  For further information please refer to the section on Enhanced Business Plus. To sign up, call Phone Banking or contact us at any of our branches and we'll assist you with a better understanding of the products and in taking care of the formalities.
• What Trade Services can I avail of?
  We have an International Trade & Treasury Services offering with special pricing and services benefits based on your trade volumes and the type of account you have with us (i.e. Business Plus, Enhanced Business Plus 100, Enhanced Business Plus 1000).

• I am an existing customer of Standard Chartered Bank with Rs.10 lakhs average quarterly balance - will I automatically get the Enhanced Business Plus Current Account product offer?
  No. There is a signup process that is required to be followed. Only customers who are willing to commit, and sign-up for one of the two module options will be offered the Enhanced Business Plus benefits.
• I have an existing Enhanced Business Plus 500 account. I hear that this has been withdrawn. Does this affect my services?
  All existing Enhanced Business Plus 500 account will now be converted to Enhanced Business Plus 100 accounts. You will find that there is no change in the features or services. Actually, the features on the Enhanced Business Plus 100 account have been upgraded to ensure that they are superior to the Enhanced Business Plus 500 account. So for a lower balance requirement you will get better features.
• What is Doorstep Banking?
  Doorstep Banking involves the following:
  • Pick-up - cash, cheque, customer instructions
  • Delivery - cash, drafts / pay order
• I maintain Rs. 5 Lakhs in my account, can I sign up for an Enhanced Business Plus 100 account?
  Yes, you can. The choice is entirely yours.
• If I sign up for, say an Enhanced Business Plus 100 account, but I maintain a higher average balance, say 10 lakhs, will I get the services of higher average balance product (Enhanced Business Plus 1000 product benefits in this case)?
  The services offered to an Enhanced Business Plus customer will depend on the type of product signed up for by you, irrespective of higher balances maintained in the account subsequently. If you wish, you could do a fresh sign up to upgrade to a higher level of services.
• What Trade Services can I avail of?
  We have an International Trade & Treasury Services offering with special pricing and services benefits based on your trade volumes and the type of account you have with us (i.e. Business Plus, Enhanced Business Plus 100, Enhanced Business Plus 1000).
• What is Group Enhanced Business Plus offer?
  Group Enhanced Business Plus offer is a proposition under which related entities - new and existing (conditions apply) can maintain multiple Enhanced Business Plus Accounts and instruct the Bank to view these as a Group of accounts for the purpose of minimum balance requirements. Please contact your branch for more details.

• How can I avail of these facilities/ features? What do I need to do to open a Employee Banking Account?
  If your organization has a Employee Banking Account relationship with Standard Chartered Bank, you can contact us in any of the following ways:
  • Call us at Phone Banking
  • You can just walk into any of our Branches
  • Get in touch with the Relationship Manager for your company. Contact your HR/ Admin for the same
  • Our Relationship Manager will come to your company premises at a scheduled time and get all the necessary documentation done.
  If your organization does not have a Employee Banking Account relationship with Standard Chartered Bank you cannot open a Employee Banking Account. Your organization’s HR/Admin management will have to get in touch with us to start a Employee Banking Account relationship through any of these channels:
  • Phone Banking
  • Standard Chartered Bank Branch
• Do I require an introduction from an existing Standard Chartered Bank account holder for opening a Employee Banking Account?
  No introduction is required from an existing Standard Chartered Bank account holder for opening an Employee Banking Account. Proof of your employment / validation from an authorized official of your organization is all that is required.
• I keep traveling outside India on business. How can opening this account help me?
  Standard Chartered Bank offers an International Debit Card with its Employee Banking Account. You can access your Employee Banking Account with your debit card for free* at any of the 8,70,000 VISA ATMs worldwide. You can also use your Debit card for purchases at more than 12 million merchant outlets worldwide.
• Will I continue to enjoy the facilities once I leave the corporate?
  You can continue to avail of these facilities as long as you remain in the employment of the organization where the Employee Banking Account offer is made to you, and you continue to receive your monthly salary in this account.
• How can I locate the nearest Standard Chartered Bank branch / ATMs?
  With 81 branches across 31 cities, Standard Chartered Bank is the largest foreign bank in India, meaning that you are never too far from a Standard Chartered Bank branch. To locate the branch/ATM closest to you, please do either of the following:
  • Call Phone Banking
  • Visit Branch Locator

Cash back Platinum Debit Card

• Where all can the Standard Chartered Cash Back Platinum Debit Card used?
  The Platinum Debit Card provides access to your account whenever you want, wherever you want. You can use this card to purchase goods at over 24 million Visa Merchant Establishments and withdraw cash from nearly 1 million Visa ATMs across the world.
• What are the benefits of Platinum Debit Card?
  Platinum Debit Card comes fully-loaded with benefits like:
  • Get 5% cash back on all your spends at any merchant outlet.
  • Exclusive Dining Privileges through the complimentary Dining Plus card*
  • Enhanced spending limit of Rs.200,000 each for purchase & ATM cash withdrawal
  • Global Customer Assistance Service
  • Unique Protection against misuse of Lost/Stolen card
  • Special usage promotions offering exciting gifts on your debit card.
• What are the fees for holding a Standard Chartered Cash back Platinum Debit Card?
  Please refer the SOSC.
• Can I convert my existing Debit Card into a Cash back Platinum Debit Card?
  Yes. Please call Phone banking or contact your branch for details.
• What is the benefit of the Dining Plus card?
  Through a combination of Dining Plus card and Platinum Debit Card, you can avail of discounts at over 1600 merchant establishments across India and Middle East.
• How do I avail of the discounts at the outlets which are mentioned in the Dining Plus offer booklet?
  All you need to do is to present your Dining Plus card before asking for the bill and subsequently use your Standard Chartered Platinum Debit Card to make the payment.
• How can I apply for a Dining Plus card?
  You can call any of the phone banking numbers and apply for a Dining Plus card or walk in to any of the Standard Chartered Branches.
• Is there a Petrol surcharge waiver using my Platinum Debit Card?
  Please refer the SOSC.
• What is the Rewards scheme being offered on Platinum Debit Card?
  The rewards scheme is only on Account transactions, no reward points are given on any purchase made at merchant outlets.
• What is the limit of cash back that I earn on this card?
  You can earn cash back up to a maximum of INR 100 per transaction and a maximum of INR 500 per month.
• Is this instant cash back?
  No, the cash back is not instant the cash back will be credited after the month is over.
• Do I need to redeem my cash back?
  Cardholder need not redeem cash back. The cash back will be credited to the accountwith in 14 working days of next month.
• What is the amount up to which I can make payments with the help of a Cash Back Platinum Debit Card?
  You can make use of your Cash Back Platinum Debit Card to a maximum daily limit of Rs.200,000 for cash withdrawals and another Rs.200,000 for making purchases, subject to balances being available in your account.
• What is Global Customer Assistance Service being offered on the Cash Back Platinum Debit Card?
  The Cash Back Platinum Debit Card entitles you access to the 24X7 global customer assistance service offered (GCAS) by VISA. This service can be availed through the toll-free telephone numbers of the respective country in case of lost card reporting, emergency Cash disbursement, travel & medical assistance.
• Where can I get the details of the offers & discounts at various merchant outlets, being offered as part of the Platinum Debit Card feature?
  You can log on to our website www.standardchartered.co.in and check under the Debit and Prepaid Cards drop down, Special Offers will give all the offers on Standard Chartered Debit Card.

• How does Verified by Visa work?
  Once your card is activated with the Verified by Visa service, your card number will be recognized whenever you make an electronic payment. After you provide your debit card details online, you will be redirected to your issuer website and then required to specify your Verified by Visa authentication details. Your identity will be verified, and the transaction will be completed. Based on the authentication provided by your issuer, the transaction will be processed & you will get a confirmation.
• Will I be charged for Verified by Visa?
  No. This service is free of charge.
• After I register, how long does it take for Verified by Visa to become active for my card?
  The functionality of Verified by Visa is made available as soon as your registration is successful. You can use your password to login to any Verified by Visa enabled online site to carry out transactions.
• Do I have to register for all my cards separately?
  Registration needs to be done for all cards individually.
• If I am issued a new card is there a need for Verified by Visa registration?
  Yes. You will need to register your new card separately.
• Where can I find the CVV?
  The CVV is printed on the reverse of the card, on the signature panel.
• Is my personal information safe and secure?
  Yes. Your card details are encrypted and stored on a secure server.
• When I register for Verified by Visa, it asks for the CVV, but my debit card is not having the CVV, so how do I register?
  If your card does not have a CVV number, then you would need to request for reissue of your debit card. You can do so by contacting our Phone banking unit or giving a request at your nearest branch.
• Can I do a debit card transaction without registering for Verified by Visa?
  No, for security purposes, you will be allowed to proceed with a transaction only if you have registered for Verified by Visa.
• Will I need to register each time I do an online internet based transaction?
  No, registration is a one-time activity for a particular card. Once a card is registered, for all subsequent transactions, only the password needs to be provided to authenticate the transaction.
• How long is the password valid?
  There is no time frame for password expiry.
• How do I change the password?
  You can go to "Account Assistant" tab on "Register Now for Verified by Visa" and change the password.
• What if I forget the password that I used while registering?
  Enter the card number and Click on "Forgot your password" tab on "Register Now for Verified by Visa" and reset the same by entering the Expiry Date, ATM PIN and CVV for debit cards.
• What is the use of PAM (Personal Assurance Message)
  When you register for Verified by Visa on www.standardchartered.co.in, you will be asked to create a Personal Assurance Message (PAM). This Personal Assurance message will be displayed each time you transact on a Verified by Visa merchant site. The merchant site is an authentic site only if the same Personal Assurance message is displayed.
  
  Please note that if you register for Verified by Visa during online shopping, a Personal Assurance message will be automatically created for you. We recommend that you change your PAM by visiting www.standardchartered.co.in
• How do I get the generic PAM changed to a personalized one?
  You can go to "Account Assistant" tab on "Register Now for Verified by Visa" and change the PAM.