Business Standard

Standard Chartered launches Preferred Banking

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BS Reporter Mumbai

Standard Chartered today announced the launch of its Preferred Banking proposition for the emerging affluent segment.

The Preferred Banking proposition will include a team of dedicated relationship managers, a Preferred World Credit Card, a Preferred Platinum Debit Card with free transactions across all ATMs in the world an overdraft facility for up to Rs 3 lakh.

A customer with a net monthly income of Rs 60,000-200,000, or funds under management of up to Rs 5 lakh or a mortgage of Rs 50 lakh to Rs 1 Crore qualifies as a preferred banking customer, the bank said in a statement.

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First Published: Aug 24 2010 | 2:41 PM IST

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