Features of salary account of Indian Bank

ALLAHABAD BANK

Salient features of ALLBANK ADVANTAGE SALARY PREMIUM

Sl.No. Particulars Details/Remarks

1. Objective For Corporates:

Instant credit of Salaries of employees

Easy operation/maintenance of salaries across various

centers

iii. Reduced manual intervention

For Employees:

Hassle free credit of salary

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

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

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.


http://www.hdfcbank.com/personal/ways-to-bank/bank-online/netbanking

http://www.hdfcbank.com/mobilebanking/mobilebanking.htm

http://www.hdfcbank.com/personal/ways-to-bank/bank-with-your-phone/phonebanking

http://www.hdfcbank.com/personal/making-payments/pay-bills-and-shop-online/billpay-plusnetbanking

http://www.hdfcbank.com/personal/ways-to-bank/bank-with-your-phone/instaalerts-sms-and-email

http://www.hdfcbank.com/personal/find-your-nearest/find-nearest-atm

http://www.hdfcbank.com/personal/find-your-nearest/find-nearest-branch

http://www.hdfcbank.com/personal/making-payments/fund-transfer/rtgs-funds-transfer

http://www.hdfcbank.com/personal/making-payments/fund-transfer/emonies-national-electronic-funds-transfer



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 add-on International Debit Card only for first year



Anywhere Banking across our extensive Branch and ATM network

Free e-mail alerts (InstaAlert facility)


Free e-mail statements / passbook


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.




Free Titanium Debit Card with ATM cash withdrawal limit of Rs.50,000/- per day and shopping


Free access to other bank ATMs in India

Free payable at par chequebook





http://www.hdfcbank.com/personal/ways-to-bank/bank-online/email-statements







Free Additional ATM Card for Personnel Below Office Rank (PBORs) even for single account

holders


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


o And many more benefits – as approved for main salary account




Free mobile and e-mail alerts (InstaAlerts Facility)



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.










Free e-mail alerts (InstaAlerts Facility)





















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:





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.

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

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

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



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

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.




Free Titanium Debit Card with ATM cash withdrawal limit of Rs. 50,000/- per day and shopping







salary account


Free Titanium Debit Card with ATM cash withdrawal limit of Rs. 50,000 per day and shopping


And many more benefits – as approved for main salary account



Anywhere banking across our extensive Branch and ATM network

Free mobile and e-mail alerts (InstaAlert facility)


Free monthly account statements / e-mail statements / passbook


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.









Free add-on International Debit Card only for first year




Free e-mail alerts (InstaAlert facility)




Free Phonebanking, MobileBanking and NetBanking facilities.

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.














Free Titanium Debit Card with ATM cash withdrawal limit of Rs.50,000/- per day and shopping


Free access to other bank ATMs in India

Free payable at par chequebook


Free Additional ATM Card for Personnel Below Office Rank (PBORs) even for single account

holders


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


o And many more benefits – as approved for main salary account




Free mobile and e-mail alerts (InstaAlerts Facility)



Free unlimited Demand Drafts payable at HDFC Bank branch locations


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.




















Free e-mail alerts (InstaAlerts Facility)





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

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.

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.

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)

http://www.icicibank.com/mobile-banking/imobile.page?

http://www.icicibank.com/mobile-banking/imobile.page?

http://www.icicibank.com/Personal-Banking/onlineservice/online-services/fund-transfer-abroad/fund-transfer-abroad.page?

http://www.icicibank.com/Personal-Banking/insta-banking/internet-banking/index.page?

http://www.icicibank.com/Personal-Banking/account-deposit/savings-account/moneymultiplier.page?

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

http://www.icicibank.com/Personal-Banking/loans/personal-loan/index.page?

http://www.icicibank.com/customer-care.page?

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.

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.

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

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

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.

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


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-


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

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)

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.



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



Free RTGS and NEFT for funds transfers to other banks


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


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

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



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 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




UNION BANK OF INDIA

UNION SUPER SALARY ACCOUNT: USSA is a unique product packaged to suit the salaried

class

ELIGIBILITY:

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:


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

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

EligibilityMinimum 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 ATMsFive Free withdrawals (includes cash

transaction, balance enquiry, mini statement)

V-Cash loan facilityEligibility as per existing norms for V-Cash

loan.

Other facilitiesV-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

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

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

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

Economy & Finance

Features of salary account of Indian Bank