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Net Banking Payments campaign: Terms and Conditions

Definitions

  1. Bank: Standard Chartered Bank in India.
  2. Client/s: Resident Indian Client means client from the personal, premium or priority segment who has maintained a savings account with the Bank in India.
  3. Offer: Customer to complete Netbanking transaction if INR 1500 or more during the offer period to receive 500 reward points. Total reward points that can be earned in one month is 500. Total reward points that can be earned during the offer period is 1500.
  4. Eligible Transaction: Only Merchant payment transactions initiated on merchant (i.e. beneficiary) website and routed to Bank’s Netbanking platform for OTP authentication website and debited from Bank savings account will be considered for the Campaign
  5. Offer Period: The Offer Period shall commence from 00:01 hours on 1st June 2023 and shall extend up to 23:59 hours on 31st August  2023.
  6. Qualified Customer: The Offer is applicable to select Standard Chartered Savings account holders who have received the Offer communication from the Bank through email or SMS or banners on internet banking.

Offer Details

  1. The net-banking payments transaction amount must be INR 1500 or more in a single transaction to be eligible for 500 reward points each month
  2. Customer can earn up-to 1500 reward point during the offer period If the client does transaction of INR1500 or more consecutively in each month during the offer period
  3.  Total Reward points that can be earned during the offer period is 1500.
  4. To illustrate:
    If a customer makes transactions worth INR. 1500 or more in June 2023, the customer will be eligible for 500 reward point, If the customer does transaction of INR 2000 in the July 2023, he will be eligible for another 500 reward points.
  5. The offer benefit will be credited to Qualified Customers within 60 days after 31st August 2023

General Terms and Conditions

  1. The Bank reserves the right to modify/change all or any of the terms applicable to this Offer. The Bank also reserves the right to modify, withdraw or discontinue the Offer without assigning any reasons whatsoever. Neither anything contained in these terms and conditions, nor shall running this Offer be construed as an obligation on the Bank to continue the Offer up to the termination/expiry date.
  2. Participation in this Offer 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.
  3. The Offer is non-transferable.
  4. The Offer shall not be available wherever it is prohibited under law and/or cannot be made for any reason whatsoever.
  5. All disputes under this Offer are subject to the exclusive jurisdiction of the competent courts/tribunals of Mumbai.
  6. The Bank shall not be obliged to make any public announcements of the results of the Offer. In all matters relating to this Offer, the decision of the Bank shall be final and binding.
  7. By participating in this Offer, the participants agree to be bound by the terms and conditions contained herein.   
  8. Any tax or other liabilities or charges payable to the government or any other statutory authority/body or any participating establishment, which may arise or accrue to the participants, shall be solely borne by the participants.