Pay Plus
What is Pay Plus?Pay Plus is an all-in-one corporate salary account package tailor made just for you - the employees of Standard Chartered corporate clients. Pay Plus offers you an array of benefits coupled with convenience.
What are the product features?Priority Banking Status
You can now experience all the benefits of Priority banking if you earn a net monthly salary of Rs.250, 000/- or more. In addition the customary minimum eligibility requirement of Rs.5 million has been waived.
As a Priority banking customer, all your banking and financial needs will be well managed by your very own relationship manager. You will also have access to our exclusive Priority banking centre.
You will also be entitled to :
- Your own Relationship Manager
- 1% more on fixed deposits
- 0.5% less on personal loans
- Overdraft of up to 50% of the monthly net salary* at an attractive rate
- All other benefits offered to Priority customers
Excel Banking Status
You are eligible to obtain the benefits of Excel banking if you earn a net monthly salary of Rs.50, 000/- or more. As a Excel banking customer of Pay Plus, you are not required to maintain a minimum deposit requirement of Rs.500, 000/-.
We are dedicated and focused on your financial needs, with Excel banking you can look forward to a world of financial freedom and a host of privileges.
You will be entitled to :
- 0.5% more on deposits
- 0.25% less on loans
- Overdraft of up to 50% of the monthly net salary* at an attractive rate
- Exclusive counters at branches and much more
General benefits and features offered to every Pay Plus customer
- Personal loan facility up to fifteen (15) times the monthly net salary (Up to Rs.3 million*)
- Savings Account with no minimum balance requirement (Account maintenance fees waived off)
- Free Debit Card
- Credit Card - 1st year annual fee waived off for Gold Cards (Subject to credit verification)*
- Lower monthly average balance on Current Accounts - Rs.15,000/- and not Rs.25,000/-
- One standing instruction free of charge
- Initial personalised cheque book free of charge
- Overdraft facility against your deposit*
- Obtain your salary the same day it was deposited (Only if your salary is credited to your Pay Plus account)
- i-Banking and Phone Banking free of charge
- A range of other investment and deposit schemes to choose from
- Branch – customers can do their banking at any of our branches island wide
- ATM – customers will receive a free debit card with a maximum withdrawal limit of Rs.50,000 per day (Enhanced limits for Priority and Excel customers)
- Phone Banking
- Internet Banking
- You are entitled to the mentioned benefits if you are receiving a fixed monthly remuneration
For more information on Pay Plus, email us, visit your nearest Standard Chartered Branch or call +94 11 2480 000