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Features of salary account of Indian Bank

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All the features and benefits of Indian bank salary account.

All the features and benefits of Indian bank salary account.

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  • 1. ALLAHABAD BANK Salient features of ALLBANK ADVANTAGE SALARY PREMIUM Sl.No. Particulars Details/Remarks 1. Objective For Corporates: i. Instant credit of Salaries of employees ii. Easy operation/maintenance of salaries across various centers iii. Reduced manual intervention For Employees: i. Hassle free credit of salary ii. Use of internet banking facility/ATM cards to withdraw salary from any where iii. Overdraft facility upto 1 month salary max. `40000/- iv. Other value added services 2. Linked accounts 1. CA account for Corporate 2. SB product for salary package – ALLBANK ADVANTAGE SALARY PREMIUM with inbuilt OD facility 3. Eligibility Regular Employees of Central Govt./State Govt./ PSUs/Corporations/Educational institutions/ Corporates/ Public Ltd. Cos. / Pvt. Ltd. Cos 4. Initial Deposit NIL 5. Minimum Bal. NIL 6. Overdraft facility Upto 1 month net salary max. Rs.40000/- (as per Bank’s SB-OD scheme) 7. Interest On Credit balance/credit ac – SB rate
  • 2. Sl.No. Particulars Details/Remarks On Debit balance/debit ac – As per SB-OD product 8. Other benefits Instant Internet Banking Instant ATM card Free 20 Multi city cheques per annum Free NEFT facility for remittance Free locker rent for one year Free statement of account Free issuances of all certificates including int. certificate etc. Concession of 50 % service charges applicable for other services/facilities
  • 3. HDFC BANK 1. PREMIUM SALARY ACCOUNT: A customised salary account for select corporate, backed by priority service. Special offers and benefits such as a free zero balance account for you and your family. This account comes with free Personal Accidental Death Cover of Rs 5 lac. Features and Benefits Zero Balance Savings Account Free Personal Accidental Death Cover of Rs. 5 lakhs* Free Titanium Debit Card with ATM cash withdrawal limit of Rs. 50,000/- per day and shopping limit of Rs. 75,000/- per day Free access to other bank ATMs in India – 5 free cash withdrawal and balance enquiry transactions per month Free payable at par chequebook – One per quarter Free add-on International Debit Card Free Zero Balance Salary Family Account for your family members with same benefits as your salary account Free Personal Accidental Death Cover of Rs. 1 lakh* Free Titanium Debit Card with ATM cash withdrawal limit of Rs. 50,000 per day and shopping limit of Rs. 75,000 per day And many more benefits – as approved for main salary account Preferential pricing on loan products* Transfer funds online to any bank across the country through NEFT / RTGS Anywhere banking across our extensive Branch and ATM network Free mobile and e-mail alerts (InstaAlert facility) Free BillPay facility Free monthly account statements / e-mail statements / passbook Free Demand Drafts payable at HDFC Bank branch locations Free Phonebanking, Mobilebanking and Netbanking facilities 2. REGULAR SALARY ACCOUNT: A comprehensive salary account tailored for you; with special offers including free Personal Accidental Death Cover of Rs. 1 lac. Features and Benefits
  • 4. Zero Balance Savings Account Free Personal Accidental Death Cover of Rs. 1 lakh* Free International Debit Card with ATM cash withdrawal limit of Rs. 25,000/- per day and shopping limit of Rs. 40,000/- per day Free access to other bank ATMs in India – 5 free cash withdrawal and balance enquiry transactions per month Free payable at par chequebook – One per quarter Free add-on International Debit Card only for first year Preferential pricing on loan products* Transfer funds online to any bank across the country through NEFT / RTGS Anywhere Banking across our extensive Branch and ATM network Free e-mail alerts (InstaAlert facility) Free BillPay facility Free e-mail statements / passbook Free Demand Drafts payable at HDFC Bank branch locations Free Phonebanking, MobileBanking and NetBanking facilities. 3. DEFENCE SALARY ACCOUNT: You are our priority! A comprehensive salary account designed to cater to Defence Personnel. This account comes with free Personal Accidental Death Cover of Rs 5 lac. Features and Benefits Zero Balance Savings Account Free Personal Accidental Death Cover of Rs. 5 lakhs* Free Titanium Debit Card with ATM cash withdrawal limit of Rs.50,000/- per day and shopping limit of Rs. 75,000/- per day Free access to other bank ATMs in India Free payable at par chequebook Free add-on International Debit Card
  • 5. Free Additional ATM Card for Personnel Below Office Rank (PBORs) even for single account holders Free Zero Balance Salary Family Account for your family members with same benefits as your salary account o Free Personal Accidental Death Cover of Rs. 1 lakh* o Free Titanium Debit Card with ATM cash withdrawal limit of Rs. 50,000 per day and shopping limit of Rs. 75,000 per day o And many more benefits – as approved for main salary account Preferential pricing on loan products* Transfer funds online to any bank across the country through NEFT / RTGS Anywhere Banking across our extensive Branch and ATM network Free mobile and e-mail alerts (InstaAlerts Facility) Free BillPay facility Free e-mail statements / passbook Free unlimited Demand Drafts payable at HDFC Bank branch locations Free PhoneBanking, MobileBanking and NetBanking facilities 4. CLASSIC SALARY ACCOUNT: This salary account offers you a complete range of services to meet your banking requirements. It comes with an International Debit Card and access to one of the most advanced and secure NetBanking and MobileBanking services - all free of charge. Features and Benefits Zero Balance Savings Account Free International Debit Card with ATM cash withdrawal limit of Rs. 25,000/- per day and shopping limit of Rs. 40,000/- per day Free access to other bank ATMs in India – 5 free cash withdrawal and balance enquiry transactions per month Free payable at par chequebook – One per quarter Transfer funds online to any bank across the country through NEFT / RTGS Anywhere Banking across our extensive Branch and ATM network Free e-mail alerts (InstaAlerts Facility) Free BillPay facility
  • 6. Free e-mail statements / passbook Free Demand Drafts payable at HDFC Bank branch locations Free PhoneBanking, MobileBanking and NetBanking facilities BANK OF BARODA Baroda Salary Advantage Saving Account Bank of Baroda now has a special salary account with added benefits. It's a saving bank account with an in built feature of overdraft facility to the salaried persons. Key Benefits Overdraft facility available upto Rs 1 lac. Earn interest on credit balance account as per saving bank a/c rules. Free Chequebooks for routine requirement. No minimum balance requirement in the account. No ceiling on the amount to be deposited and credit balance in the a/c. Terms & Conditions This account can be availed by regular employees of state/central government, PSUs, semi govt. organizations, state/central govt. corporations, urban development authorities, educational institutions, universities, MNCs, reputed public ltd companies & selected private ltd companies with minimum one year service with the organization.  Age: Minimum - 21 years.  Minimum take home salary - Rs5000/-  The maximum overdraft limit - Rs. 1 lac subjected to 90% of net salary (average of last three months).  Third party guarantee.  Interest on deposit as per savings Bank rules. BANK OF INDIA STAR POWER SALARY ACCOUNT:
  • 7.  No minimum balance requirements.  No Ledger Folio/ Transactions charges.  Free ATM International Debit Card(Annual Charges applicable from next year )  Free India Card (Charge Card)  Free Internet Banking Facility.  Unlimited Internet Banking Transactions and also at ATMs of BOI  Free Access to non-BOI ATMs under Cash Tree.  Free Statement of Account - Quarterly - from the Branch (No Pass Books to be delivered) Monthly - through e-mail.  Free Tele banking/ SMS Banking *  Free Personalised Cheque Books (50 leaves in a year)*  Free Demat Account (for the first year)*  Facility for Online Trading of Shares*  Free cheque pickups/deliveries - once a day (cheque drop boxes to be installed in the Office)  TOD Facility - equal to previous month's net salary @ Personal Loan Rate.#  Free Multicity Cheques *  Free Utility Bills Payment through e-Pay Facility.  Waiver of processing charges and/or concession in R/Interest upto 25 basis points for group processing of Retail Loans of the employees. - ZMs to use their discretion.
  • 8. CANARA BANK Canara Super Saving Salary Account Scheme CANARASUPER SAVINGS SALARY ACCOUNT SCHEME Eligibility All Employers havingnumber of employees 25 and above can open their employees account under thescheme. However, if the numbers of employees are less than 25, opening of theaccounts is considered on case to case basis. InitialDeposit Account can be openedwith zero balance. The initial credit could be by way of cheque/credit ofsalary/other instruments, etc. MinimumBalance No minimum balancerequirement. Requirementsfor opening Account Salary mandate from theemployer for credit of salary into the Canara Super Savings Salary account isrequired. Natureof Deposit Running (Operating)Account Rateof Interest As applicable to normalSB account. Presently 4.00% per annum. Periodicityof Interest payment Interest is payablehalf-yearly, every February and August on daily balance basis SpecialRate For Senior Citizen Not applicable SpecialRate For Bulk Deposits Not applicable TDS Not applicable Loanagainst Deposit Not permitted Facilitiesavailable 1. No minimum balance requirement 2. No ledger folio 3. Free Pass Book 4. Free Debit Card 5. Anywhere Banking 6. Free Internet & Mobile Banking (IMB) 7. Free fund transfer under IMB upto Rs. 2 lac per day for own account and Rs.50,000 for third party account
  • 9. 8. Free SMS alert 9. Online purchase of goods / booking tickets / making utility bills payment through Internet and debit cards 10. Free telebanking services 11. Online trading facility under De-mat (for Joint Accounts – Trading Account in the sole name for First holder of Depository account.) 12. Fund transfer through RTGS / NEFT at 50% concessional charge 13. Canara Mediclaim Health Insurance coverage at a competitive premium 14. Multi City Cheques facility 15. Instant Credit of outstation cheques upto Rs. 15000/- subject to fulfilling the eligibility norms 16. No commission on 2 DDs/NEFT transactions upto Rs. 25000/- per month subject to maintenance of prescribed balance in the previous month 17. Sweep-in sweep-out facility above Rs. 15000/- 18. Standing Instruction facility 19. Nomination facility ChequeBook Cheque book facilityavailable. ApplicationAnd Documents Application Specimen Signature Card Form 60 or 61 (if customer does not have PAN Card) Photograph of depositor/s (2 copies) Proof of address as per KYC Norms Salary Mandate CORPORATION BANK Corp PayRoll - Salary SB Account The Salary Savings Bank Account, Corp PayRoll from CorpBank is aimed at providing a “Hassle Free" PayRoll Administration Solution for all types of organizations. Eligibility Conditions  Organisation should have a minimum of 25 employees
  • 10.  Average Salary payout to be more than Rs 10,000 or Total Monthly Salary Payout to be more than Rs 2.5 lakhs Advantages to the Employer  Reduces hassle of payroll administration  Needs to provide salary details in prescribed file format along with one consolidated cheque  Can even make salary payment online through the Bulk Pay facility of Internet Banking Advantages to the Employee  Accounts can be opened with Zero Balance  Accounts can be opened with Zero Balance  Accounts can be opened with Zero Balance  TOD facility available in case of emergency Special Features  TOD facility upto 50% of net salary – for those employees whose salary is more than Rs 10000 p.m  Free remittance be means of DD/PO upto Net Salary Other features  International VISA Debit Card  Access to 1060+ CorpBank ATMs and 15000 VISA ATMs  Any Branch Banking & Multi City Cheques  Internet Banking  SMS /Mobile Banking  LIC Premium Payment through SMS / CorpBank ATMs  Inter Bank Funds Transfer (NEFT) through Internet Banking/ATMs/SMS/Branches  Visa Credit Card Bill Payment  Gold Coins  Mutual Funds  Direct Tax Collections  And all other facilities as applicable to Savings Bank Accounts
  • 11. HDFC BANK 5. PREMIUM SALARY ACCOUNT: A customised salary account for select corporate, backed by priority service. Special offers and benefits such as a free zero balance account for you and your family. This account comes with free Personal Accidental Death Cover of Rs 5 lac. Features and Benefits Zero Balance Savings Account Free Personal Accidental Death Cover of Rs. 5 lakhs* Free Titanium Debit Card with ATM cash withdrawal limit of Rs. 50,000/- per day and shopping limit of Rs. 75,000/- per day Free access to other bank ATMs in India – 5 free cash withdrawal and balance enquiry transactions per month Free payable at par chequebook – One per quarter Free add-on International Debit Card Free Zero Balance Salary Family Account for your family members with same benefits as your salary account Free Personal Accidental Death Cover of Rs. 1 lakh* Free Titanium Debit Card with ATM cash withdrawal limit of Rs. 50,000 per day and shopping limit of Rs. 75,000 per day And many more benefits – as approved for main salary account Preferential pricing on loan products* Transfer funds online to any bank across the country through NEFT / RTGS Anywhere banking across our extensive Branch and ATM network Free mobile and e-mail alerts (InstaAlert facility) Free BillPay facility Free monthly account statements / e-mail statements / passbook Free Demand Drafts payable at HDFC Bank branch locations
  • 12. Free Phonebanking, Mobilebanking and Netbanking facilities 6. REGULAR SALARY ACCOUNT: A comprehensive salary account tailored for you; with special offers including free Personal Accidental Death Cover of Rs. 1 lac. Features and Benefits Zero Balance Savings Account Free Personal Accidental Death Cover of Rs. 1 lakh* Free International Debit Card with ATM cash withdrawal limit of Rs. 25,000/- per day and shopping limit of Rs. 40,000/- per day Free access to other bank ATMs in India – 5 free cash withdrawal and balance enquiry transactions per month Free payable at par chequebook – One per quarter Free add-on International Debit Card only for first year Preferential pricing on loan products* Transfer funds online to any bank across the country through NEFT / RTGS Anywhere Banking across our extensive Branch and ATM network Free e-mail alerts (InstaAlert facility) Free BillPay facility Free e-mail statements / passbook Free Demand Drafts payable at HDFC Bank branch locations Free Phonebanking, MobileBanking and NetBanking facilities.
  • 13. 7. DEFENCE SALARY ACCOUNT: You are our priority! A comprehensive salary account designed to cater to Defence Personnel. This account comes with free Personal Accidental Death Cover of Rs 5 lac. Features and Benefits Zero Balance Savings Account Free Personal Accidental Death Cover of Rs. 5 lakhs* Free Titanium Debit Card with ATM cash withdrawal limit of Rs.50,000/- per day and shopping limit of Rs. 75,000/- per day Free access to other bank ATMs in India Free payable at par chequebook Free add-on International Debit Card Free Additional ATM Card for Personnel Below Office Rank (PBORs) even for single account holders Free Zero Balance Salary Family Account for your family members with same benefits as your salary account o Free Personal Accidental Death Cover of Rs. 1 lakh* o Free Titanium Debit Card with ATM cash withdrawal limit of Rs. 50,000 per day and shopping limit of Rs. 75,000 per day o And many more benefits – as approved for main salary account Preferential pricing on loan products* Transfer funds online to any bank across the country through NEFT / RTGS Anywhere Banking across our extensive Branch and ATM network Free mobile and e-mail alerts (InstaAlerts Facility) Free BillPay facility Free e-mail statements / passbook Free unlimited Demand Drafts payable at HDFC Bank branch locations Free PhoneBanking, MobileBanking and NetBanking facilities 8. CLASSIC SALARY ACCOUNT: This salary account offers you a complete range of services to meet your banking requirements. It comes with an International Debit Card and access to one of the most advanced and secure NetBanking and MobileBanking services - all free of charge.
  • 14. Features and Benefits Zero Balance Savings Account Free International Debit Card with ATM cash withdrawal limit of Rs. 25,000/- per day and shopping limit of Rs. 40,000/- per day Free access to other bank ATMs in India – 5 free cash withdrawal and balance enquiry transactions per month Free payable at par chequebook – One per quarter Transfer funds online to any bank across the country through NEFT / RTGS Anywhere Banking across our extensive Branch and ATM network Free e-mail alerts (InstaAlerts Facility) Free BillPay facility Free e-mail statements / passbook Free Demand Drafts payable at HDFC Bank branch locations Free PhoneBanking, MobileBanking and NetBanking facilities HSBC BANK Corporate Employee Programme The Corporate Employee Programme (CEP) from HSBC is designed to empower and assist corporate employees in meeting their banking needs. It endeavours to offer banking products and services in a manner which addresses the customer’s varying needs effectively, efficiently and conveniently. Please refer to the key features structured specifically for salaried employees:  Minimum Balance Eligibility waived for CEP accounts receiving salary  Personalized Payable At Par cheque book  Secured Internet Banking through Special Security Device  Utility Bill payment facility  Instant Welcome Packs: the cheque book , Debit card and Debit card Pin are handed over at the time of account opening to facilitate immediate transactions
  • 15.  Dedicated CEP Service Desk (Phone and Email services)  Phone banking services  Preferential rates on Home Loans  Preferential rates on Personal Loans  Multiple Credit Card offerings ICICI SALARY ACCOUNT ICICI Bank Salary Account is a benefit-rich payroll account for Employers and Employees. As an organization, you can opt for our Salary Accounts to enable easy disbursements of salaries and enjoy numerous other benefits. Additionally, ICICI Bank offers a host of advantages for your employees like instant credit of salaries, offers on bill payments, 24X7 Phone Banking, Free Internet Banking and much more. Eligibility The organisation needs to have a minimum of 20 employees and a payout of Rs 36.0 lacs per annum and average salary per account of Rs. 15,000 per month. Advantage to Employers As an organisation, you can opt for our Salary Account to enable easy disbursements of salaries and enjoy numerous other benefits mentioned below- Zero Balance Accounts Zero Balance Salary Account for your employees-No worries of maintaining minimum balance in the account Large branch and ATM Network Large network of over 3,400 branches and 11,000 ATMs Reduced Paperwork Negate the requirement of cumbersome paperwork pertaining to salaries or maintenance of records. Savings on costs Experience Economical Banking through your Salary Account by availing free remittance (demand drafts, cheques, pay orders) up to Rs.25,000 on ICICI Bank network.
  • 16. Special Offerings With ICICI Bank Salary Account your employees enjoy- A. Attractive offers on loans and credit cards B. Free anywhere banking facility C. Privileges of 8-8 banking and D. Investment advisory. Special Offers for Defence We salute the Brave men and women who defend our nation, and hence are proud to introduce Defence Banking Services for armed forces. Simple Procedure With ICICI Bank Salary Accounts, All you would require to do is to send ICICI Bank an advice (in form of a cheque/debit instruction, ECS, etc) for the total salary amount along with the salary details of the designated employees in a soft and hard copy format and we will credit the respective employees' accounts as per your statement of advice. National pension Scheme ICICI Bank is also registered with PFRDA to offer NPS (National Pension Scheme) services corporate customers. The Corporate can clain tax benefits for the amount contributed towards pension of employees under 80CCD (2). Employee Reimbursement Account Reimbursement account can be opened simultaneously along with the salary account. The company can opt to disburse expenses for travel, food etc. through reimbursement accounts. Advantages to Employees Your employees automatically become ICICI Bank Salary Account holders with special benefits and privileges and receive instant salary credit. The benefits include- Zero balance Salary Account Zero Balance Salary Account-No worries of maintaining minimum balance in the account Welcome Kit Just fill up a form and get your Cheque Book and Debit Card issued immediately.
  • 17. My Savings Reward Earn Reward Points under My Savings Reward by doing transactions like paying bills online, activating internet/ mobile banking, shopping online, paying loans through EMIs, Opening a recurring deposit or fixed deposit and many more through your Salary Bank Account. International Debit Card A. No annual fees on Debit Card B. Higher cash withdrawaland spend limit per day. This limit can be reduced or increased based on your needs C. Zero liability protect on your Debit Card - lost card liability up to 2 lakh D. Debit card enabled for international online purchases N-Cash Debit Card Get an International N-Cash Debit Card for access to numerous ATMs and more than 11,000 merchant establishments across the world. Money Multiplier Earn more by moving your idle money into high interest Savings Account. Combine the liquidity of a Savings Account with the earnings of a Fixed Deposit Account. Know more. Internet Banking Carry out a range of transactions online with our free best in class internet banking service with the most comprehensive suite of products and services in the industry. Just log in with your User ID and password and experience hassle-free banking. Know more Online Funds Transfer No need for cash withdrawals and cheque deposits. We give your employees the facility to transfer funds online from any part of the world. Mobile Banking** Transfer funds, pay bills, buy movie tickets and more on the move using your mobile phone. Know more. Check out the iMobile App that lets you carry your bank with you. Public Provident Fund (PPF)
  • 18. Only private sector bank to offer a PPF account, a safe investment giving attractive returns with added advantage of tax benefit under section 80C. National pension Scheme ICICI Bank is also registered with PFRDA to offer NPS (National Pension Scheme) services to individual. The Employee can clain tax benefits for the amount contributed towards pension under section 80CCD(1) with overall limit of 1 Lakh. Family plus account Zero Balance savings account (Family Plus Account) for parents, spouse and children Phone Banking** Manage transactions easily simply by calling our Customer Care Centres, from the comfort of your home! Loans Avail of a number of benefits on some of the most popular loans-  Personal Loans* As a special offering, our Salary Account customers would be extended personal loans.  Home Loans* Home Loans from ICICI Bank comes to you with attractive interest rates and personalised service from the comfort of your home.  Car Loans* Car Loans from ICICI Bank come to you with instant approval, hassle-free documentation and competitive interest rates.  Two Wheeler Loans* Two-Wheeler loans from ICICI Bank come to you at attractive interest rates coupled with a flexible financing option.  Loans Against Securities** ICICI Bank will advance loans to Salary Account holders against securities and mutual funds owned by them. Investment Services Salary Account Holders can:  Transact in shares instantly and safely through Demat
  • 19.  Invest in Government bonds, mutual funds, foreign exchange and insurance products  Buy 24 Carat, 99.99% fine ICICI Bank Pure Gold with a unique Certificate of Authenticity Subscription to Bank Account Statement by E Mail Monthly account statement by Email You will receive the account statement in the first week of every month. Monthly email statements are absolutely free of cost. To subscribe, login to ICICIBank.com with your internet banking UserID and Password and go to Banking section for Account Statement by Email. You can also contact our 24 hour Customer Care number and inform us of your choice. Quarterly account statements in the physical form ICICI Bank will be providing you with account statements in the physical form on a quarterly basis. This will be provided free of cost. Sr. No. Frequency of Account Statement Mode of receipt Amount 1 Monthly E-mail Free 2 Quarterly Physical Free Monthly physical statement will be issued only to TASC, Titanium Privilege, Wealth, GPC and Current Account Holders. IDBI SALARY ACCOUNT Best Salary Account- IDBI Bank Imperial Salary Account IDBI Bank Imperial Salary Account is offered only to selective customers. We realize that everyone in an organization is having special position of existence by having different monetary and banking needs. With your fast paced life, back-to-back meetings, tight deadlines, and mounting pressures our Imperial Salary Account has been specially designed keeping your requirements in mind. With this account you can expect banking anywhere, anytime.
  • 20. IDBI Bank Salary Account Advantage Multi city at Par cheque books per quarter 24x7 conveniences at no charges Internet Banking, Mobile Banking and Phone Banking Interest concession on Home Loans, Auto Loans Electronic Fund Transfers across all branches Discount on locker facility subject to AQB maintained FEATURES The basic features of Imperial Salary Accounts that we offer are as follows Gold Debit Card- Get a free Gold Debit card and set up direct debit for all your expenses Insurance Cover- Personal Accident covers upto Rs. 3 Lacs and Purchase Protection upto Rs. 50,000 upto 90 days Demand Drafts and Pay Orders- We provides concession in Demand drafts and pay orders Hassel free banking- We have specialized representatives for our preferred customers to execute your banking needs more easily. Electronic Fund Transfers facility- RTGS, Card to Card transfer and Fund Transfer services are available with it PUNJAB NATIONAL BANK TOTAL FREEDOM “SAVING FUND SALARY ACCOUNT” Purpose: To offer an attractive Saving Fund Account to Corporate Employees for enabling them to have their Salary Credited as well as availing overdraft facility up to Rs. 50,000/- or the last salary credited in the account whichever is lower, at our interest rates applicable to Personal Loans to employees, it would be adjustable in bullet repayment at the time of next salary credit. Initial Deposit and Minimum Balance Requirements: Zero. If the salary is not credited in the salary account of the customer for the last two consecutive months where the account is introduced by the employer, then the concerned salary account shall be deactivated without giving any further notice to this effect and the account be transfered to general category Saving Fund Account.
  • 21. Other Facilities offered: The following facilities are also be provided under the scheme: Overdraft facilty upto Rs.50000/- or last Salary credited in the account whichever is lower. Free Cheque: 40 cheques leaves free per annum. Free Statement of Accounts; Free issuance of all types of certificates including interest certificate and balance certificate, etc; Free of Cost issuance of PNB Debit/ATM Card; however, annual charges shall be recoverable. RTGS/NEFT Transaction: Free if routed through the account. 50% discount in one locker(small & medium size) at the branch convenient to customer for 1st year only. 50% discount on D-mat account maintainance charges levied by bank for first year only. STANDARD CHARTERED BANK EMPLOYEE BANKING ACCOUNT  Efficient salary disbursals o Web upload: Transfer salaries/reimbursements directly from your Standard Chartered current account to your employee from the comfort of your office using WebBank o Single-instruction salary credit: Same-day salary credits for all companies who have a Standard Chartered Corporate Account *  Smooth onboarding o Simple account opening procedures with minimum documentation o Cheque book, debit card, PIN and online banking password presented immediately after you submit your account opening form  Wavier of minimum balance  International debit card; free for the first year  Unparalleled Access o Free* cash withdrawals at any VISA ATM in the world o Multi-city banking, phone banking, online banking, 365-day branches, extended banking hours and doorstep banking  Free* cash delivery and cheque drop box facility at company premises  Free investment and insurance advisory for all employees
  • 22. Eligibility The organization must have a minimum of 30 employees and an average salary per account of Rs. 20,000 per month STATE BANK OF INDIA CORPORATE SALARY PACKAGE This package offers many concessions in service charges, interest rates on loans, etc. to employees of Corporates and Institutions which include Schools, Colleges, Universities, Government establishments/ organizations, Service organizations such as Hospitals, Hotels, Transport Corporations etc. The Package can be specially customized depending upon the business relationship that the Corporate / Institute has with the Bank. Criteria • Minimum 25 Employees • Minimum Gross Monthly income Rs 5000/- • Minimum monthly salary payout of Rs. 1,25,000/- for the employer • Available in four variants of Silver, Gold, Diamond and Platinum depending on the monthly income of employees Benefits to the Employer • Provides a convenient way to manage salaries across a large number of centers through Core Power and the Bank's award winning Corporate Internet Banking • Reduces employer's paperwork and salary administration cost. • No charges for uploading of salaries • Employees receive instant credit of salaries Benefits to Employees • Employees will enjoy convenience of Anywhere Banking at the largest network of more than 14800
  • 23. Core Banking Branches • Extensive alternative channels. · 35000 plus ATMs of State Bank Group · Free Internet Banking, Mobile Banking · Complete gamut of Banking Services including:- • Zero Balance Account facility with no penal charges for non-maintenance of minimum balance · Auto sweep facility-Surplus amount in SB a/c is transferred automatically into Term Deposits (multi option deposits) in multiple of Rs.1000/- • Free unlimited withdrawal from SBI ATMs subject to daily caps • Free Personal Accident Insurance Cover to Primary Salary Package Account* • Retain same account number even when the account is transferred to another branch • Free personalized Multi City Cheques • Free Mobile Banking including free transfer of funds up to Rs. 50,000/- • Free e- Statements/ Internet Banking • Easy overdraft up to 2 months salary repayable within 6 months • An Additional employee Reimbursement Current Account for crediting reimbursements • SMS Alerts/RTGS/NEFT, Demat facility, Systematic Investment Plan in Mutual funds. • 3-in 1 Trading Account available • Range of other value added benefits • Free Core Power: Anywhere Banking facility with the widest network of more than 14,800 branches, This includes free transfer of funds between SBI branches, free updating of pass- books at any branch, etc.
  • 24. DEFENCE SALARY PACKAGE DEFENCE SALARY PACKAGE (DSP) – ARMY/NAVY/AIR FORCE INCLUDING RASHTRIYA RIFLES (RR), ASSAM RIFLES AND GENERAL RESERVE ENGINEER FORCE (BORDER ROADS ORGANISATION) GREF-BRO DSP: A package which offers many concessions in service charges and in interest rates on loans for serving as well as retired Defence personnel of Army/ Navy/ Air Force/Indian Coast Guard/ Assam Rifles as well as RR and GREF (BRO) having their Salary/Pension accounts with SBI. Available in four variants, namely Silver, Gold, Diamond and Platinum depending on the rank of the personnel of Army, Navy ,Air Force, Assam Rifles, RR and GREF (Border Road Organisation). Silver is for PBORs and Gold, Diamond and Platinum for Officers. Features of DSP  Unique Lifetime Account Number: Retain the same account number even when your account is transferred to another branch as well as for drawing pension after retirement.  Zero Balance Account with no charges for non-maintenance of minimum balance.  Auto sweep facility-Surplus amount in SB a/c is transferred automatically into Term Deposits (multi option deposits) in multiple of Rs.1000/-  ATM Cards exclusively designed for personnel of each of the Forces.  Free ATM Cards including one additional free ATM Card for single accounts of PBORs.  Domestic cards for Silver Accounts, Gold Debit cards for Gold and Diamond Accounts and Platinum Debit Card for Platinum Accounts.  Free unlimited number of withdrawals from SBI ATMs subject to maximum daily withdrawal of Rs. 40,000 on Domestic Cards, Rs. 50,000 on Gold Cards and Rs. 1,00,000 on Platinum Cards.  Free Personal Accident Insurance cover for Primary Defence Salary Package Account Holders*.  Free Drafts*  Free Core Power: Anywhere Banking facility with the widest network of more than 14,800 branches. This includes free transfer of funds between SBI branches, free updating of pass- books at any branch, etc.  Free RTGS and NEFT for funds transfers to other banks  Free personalized Multi City Cheque Books
  • 25.  Free e – Statement/ Internet Banking  Easy overdraft up to 2 months Net salary, repayable within 6 months  Concession in interest rates on Xpress Credit Loans  Concession in Processing Fees and Margin on Home Loans and Auto Loans.  3-in 1 Trading Account  SMS alerts available  Range of other value added benefits PARA MILITARY SALARY PACKAGE PARA MILITARY SALARY PACKAGE (PMSP) & POLICE SALARY PACKAGE (PSP) PMSP: A package which offers many concessions in service charges and in interest rates on loans for serving personnel of the following Central Para Military Forces (CPMFs) having their Salary accounts with SBI.  Border Security Force : (BSF)  Central Industrial Security Force : (CISF)  Indo Tibetan Border Police : (ITBP)
  • 26.  National Security Guard : (NSG)  Sashastra Seema Bal : (SSB)  Central Reserve Police Force : (CRPF) Available in four variants, namely Silver, Gold, Diamond and Platinum depending on the rank of the personnel of the paramilitary forces. Features of PMSP  Unique Lifetime Account Number: Retain the same account number even when your account is transferred to another branch as well as for drawing pension after retirement.  Zero Balance Account with no charges for non-maintenance of minimum balance.  Auto sweep facility-Surplus amount in SB a/c is transferred automatically into Term Deposits (multi option deposits) in multiple of Rs.1000/-  ATM Cards exclusively designed for personnel of each of the Forces.  Free ATM Cards including one additional free ATM Card for single accounts of PBORs.  Domestic cards for Silver Accounts, Gold Debit cards for Gold and Diamond Accounts and Platinum Debit Card for Platinum Accounts.  Free unlimited number of withdrawals from SBI ATMs subject to maximum daily withdrawal of Rs. 40,000 on Domestic Cards, Rs. 50,000 on Gold Cards and Rs. 1,00,000 on Platinum Cards.  Free Personal Accident Insurance cover for Para Military and Police Salary Package account Holders*.  Free Drafts*  Free Core Power: Anywhere Banking facility with the widest network of more than 14,800 branches. This includes free transfer of funds between SBI branches, free updating of pass- books at any branch, etc.  Free RTGS and NEFT for funds transfers to other banks  Free personalized Multi City Cheque Books  Free e–Statement/ Internet Banking  Easy overdraft up to 2 months’ Net salary, repayable within 6 months  Concession in interest rates on Xpress Credit Loans  Concession in Processing Fees and Margin on Home Loans and Auto Loans.  3-in 1 Trading Account
  • 27.  SMS alerts available  Range of other value added benefits STATE GOVERNMENT SALARY PACKAGE These packages offer many concessions in service charges, interest rates on loans, etc. to the employees of i) Central Government, RBI and NABARD ii) State Government, Union Territories and their Boards/Corporations and iii) Indian Railways, Kolkata Metro, Delhi Metro, Bangalore Metro, Mumbai Metro, Konkan Railways. The package is available in four variants, namely Silver, Gold, Diamond and Platinum depending on the designation of the personnel. Benefits to the Employer  Provides a convenient way of salary administration across a large number of centers through Core Power and the Bank’s award winning Corporate Internet Banking  Reduces employer’s paperwork and salary administration cost.  No charges for uploading of salaries.  Employees receive instant credit of salaries Benefit to the Employee
  • 28.  Employees will enjoy convenience of Anywhere Banking at the largest network of more than 14800 Core Banking Branches  Extensive Alternate Channels  35000 plus ATMs of State Bank Group  Free Internet Banking, Free Mobile Banking  Complete gamut of Banking Services including:-  Zero Balance Account facility with no penal charges for non – maintenance of minimum balance  Auto sweep facility-Surplus amount in SB a/c is transferred automatically into Term Deposits (multi option deposits) in multiple of Rs.1000/-  Free unlimited number of withdrawals from SBI ATMs subject to daily caps  Free Personal Accident Insurance cover to Primary Salary Package Account Holder *  Retain same account number even when the account is transferred to another branch.  Free personalized Multi City Cheque Books  Free Drafts (limited number to select groups)  Easy overdraft up to 2 months’ salary repayable up to 6 months  SMS Alerts/RTGS/NEFT, Systematic Investment Plan in Mutual funds.  Concession in interest on Xpress Credit Loan  Concession in Processing Fee and Margin on retail loans  3-in 1 Trading Account available  Free Core Power: Anywhere banking facility with the widest network of more than 14800 branches. This includes free transfer of funds between SBI branches, free updating of pass- books at any branch, etc.  Range of other value added benefits UNION BANK OF INDIA UNION SUPER SALARY ACCOUNT: USSA is a unique product packaged to suit the salaried class ELIGIBILITY:
  • 29. Employees of any Corporate, Institution, Organization, Govt. Dept., etc. with employee strength of minimum 15 Minimum 15 employees should open salary accounts with us. BENEFITS: Zero Balance Savings Account Comprehensive Welcome Kit is provided to the USSA holder at the time of opening. The welcome kit contains: International Debit Card Internet Banking (Union e-Banking) User Manual Phone Banking (Union e-Banking) User Manual SMS Banking User Manual SMS Banking User Manual Mobile Banking User Manual The Welcome Kit facilitates the USSA holder Any Where/Any Time Banking of his choice, as under:- ATM Banking Internet Banking Phone Banking Branch Banking SMS Banking Mobile Banking USSA customer can use his Debit Card at the large number of Union Bank ATMs at various locations in India, free of cost Free cash withdrawal from other banks’ ATMs, upto 5 transactions per month Access over 1 million ATMs, globally, bearing VISA logo Transact through Internet (Union e-Banking) from your place of residence/work -- anywhere, any time. VIJAYA BANK SALARY ACCOUNT
  • 30. V Payroll Savings Bank Account V-Payroll Savings Bank Account for salaried class people, particularly those working in Corporation firms, institutions , Companies, Govt. Dept etc. Parameter Product feature Eligibility Minimum Number of Employees in the organization should be 10 Average net salary of the employee Not less than Rs.5,000/- per month Accessibility through Cheque Free in any of our CBS branches Minimum Balance Zero Sweep facility Balance in excess of Rs.20,000 can be swept into term deposits in multiples of Rs.5000/- Other concession 50% concession in service charges for remittances like DD , standing Instruction, etc. ATM withdrawal Upto Rs.20, 000 per day. Access to our bank ATMs Free Access to other bank ATMs Five Free withdrawals (includes cash transaction, balance enquiry, mini statement) V-Cash loan facility Eligibility as per existing norms for V-Cash loan. Other facilities V-Payroll account holders can avail of Debit Card, Demat and Internet Banking facilities. KYC Identification introduction and residential address proof of the employee as provided
  • 31. by the employer as per their records , can be accepted as KYC compliance Privilege Accounts The Executive level employees of the corporate /company whose minimum salary per month is Rs.50,000/- and above, will be offered V-Platinum Savings bank Account YES BANK SALARY ACCOUNT SMART SALARY Account | A Zero Balance Savings Account YES BANK Smart Salary Program is a power-packed offering combined with special privileges, uncompromising service commitment, best-in-industry savings deposit interest rate and much more. BENEFITS TO EMPLOYER YES BANK brings immense efficiencies to your organization through:  Automating the entire salary processing cycle through flexible models  Assured and faster reconciliation  Dedicated corporate help-desk  End-to-end integration with HR, ERP & payroll accounting systems with real time processing & confirmations at zero cost BENEFITS TO EMPLOYEE Earn Higher interest rate  7% p.a.* for balance of Rs. 1 Lakh & above  6% p.a.* for balance below Rs. 1 Lakh Superior Branch Experience  True “Anywhere Banking” at any of the over 560 branches  Locker facility available# Value for Money  Free RTGS/NEFT payment facility through NetBanking  Free Unlimited issuance of Demand Drafts across all channels and locations
  • 32.  Free Payable at-par multicity cheque book at all YES BANK locations  Free Investment Advisory  Free Supplementary Debit Cum ATM Card for Joint Account holder  Pay every bill on time through our free Online Bill Payments facility with over 240 registered billers pan India  Time your payments & transfers. Set up NEFT Standing Instructions free-of-cost through NetBanking as well as through branches  Free Personal Accident Death Cover, Lost Card Liability and Purchase Protection on your Debit Card Technology Solutions for Ease of Banking  One View of your Savings Account, Fixed Deposits and Mutual Funds with YES BANK  Book Fixed Deposits, Tax Saver Deposits & Recurring Deposits online with best in class Interest rates  MONEY MONITOR, a one-stop money tracking solution for aggregating all your financial information across multiple Banks, Financial Institutions, Insurance Companies etc  Cutting-Edge MobileBanking Application for Apple, Android, Blackberry, Java & Symbian to fulfill all your banking needs, while you are on the move  Use your mobile to transfer money to any bank account instantly through our IMPS facility  Choose your Instant SMS alerts from the wide bouquet of alerts & customize the frequency online at your convenience  India's only speech enabled PhoneBanking system to free you from maze of button driven menus  Technology Edge with a Single Personal Identification Number for all electronic channels including Internet, Mobile, Phone and ATM Banking  Our Two Factor Authentication assures you of the highest level of security for your NetBanking transactions Unmatched Financial Solutions  Superior Financial Planning and Wealth Management with No advisory fees  Comprehensive Insurance Solutions
  • 33.  YES Gift Card - Ideal gifting option for any occasion, accepted at over 6,00,000 MasterCard enabled merchant outlets in India  YES Tax Solutions– A comprehensive program with personalized tax planning assistance, on- the-spot investment & IT Return Filing  YES BANK Multi Currency Travel Card– Now carry Multiple Currencies (USD, EUR, GBP, SGD,AUD) in one card for your travel across the border – Accepted at all MasterCard accepting purchase terminals & ATMs  MFOnline: An online facility for hassle free investment in Mutual Funds with online funding of Brokerage Account  YES BANK Pay Now – Enjoy the convenience of recharging your Phone/DTH, paying your bills, loan EMIs & insurance premium, all at one place