Eligibility( Minimum take home salary Rs 10,000/- p.m. for at least 70% of Employees whose salary accounts are to be opened)

All employees on regular pay roll of Para Military forces such as

  • Central Reserve Police Force (CRPF)
  • Border Security Force (BSF)
  • Indo-Tibetan Border Police
  • Central Industrial Security Force
  • National Security Guard (NSG)
  • Shashatra Seema Bal
  • Rashtriya Rifles
  • Special Frontier Force
  • Assam Rifles etc.

Minimum Balance Requirement


(This is a Zero Balance Account).

Group Personal Accidental Death Insurance Cover

• Group Personal Accident Death Insurance Cover of Rs 30 Lakh*

• Permanent Total Disability(as defined vide Insurance Policy) Cover of Rs. 30 lakhs*

• Permanent Partial Disability (as defined vide Insurance Policy) Cover of Rs 15 lakhs.*

• Air Accidental Insurance of Rs. 1 Cr*

Maximum Insurance Cover available is either 10 times Gross annual income of account holder or any of the above mentioned applicable Insurance Coverages, whichever is less.

ATM Cum Debit Card

Free Platinum Debit Card with cash withdrawal limit of Rs.50,000 /- and POS limit of Rs. 1 Lakh

  • Nil Annual Renewal Charges
  • Free Add on Card

RTGS/NEFT payment through Branches/ Internet Banking


(Facility of RTGS/NEFT payment was earlier available through Internet Banking only)

Cheque Leaves
(All cheques are payable at all our branches in clearing)

Free 100 Cheque leaves per calendar year

Internet Banking/ Mobile Banking/ Star Sandesh


Demand Drafts/Pay orders: Number of free drafts with max. amount of Rs. 50,000/-per draft (through salary account) for genuine purpose

24 per calendar year

Interest Concession & Waiver of Processing Charges on Retail Loans*

  • 0.50% less than usual rate in Retail Loan* subject to minimum of Base rate
  • 50 % Waiver of Processing charges in Retail Loan*
  • *Retail Loan-Home Loan, Vehicle Loan & Personal Loan

Easy Overdraft (on application as per Annexure VIII & undertaking as per annexure IX) to be approved by the Manager. Loan plus TOD should not exceed the limit of Rs 2 Lakh. Option of conversion to personal Loan on request payable in max. 60 EMIs

  • 4 times of net salary
  • Maximum Rs 2 Lac

Star Share Trade(3 in 1 account) Demat, SB, Online share Trading

  • Available
  • (Annual Maintenance Charges on Demat
  • waived (during first FY)

Pass Book/Statement (Monthly)

Any one of them Available

Credit Card

  • Free Gold Credit Card to all employees
  • Free Gold International Credit Card to employees whose net take home salary is Rs. 25,000/- p.m. and above

Online Income Tax return Facility

Available at Discounted rate under Tie-up arrangement. It can be filed from BOI Website

SUD Life Group Term Insurance Cover

SUD Life Group Term Insurance Cover at very attractive rate. The salient features are

  • Wider entry age up to 65th birthday.
  • Choice of Sum assured up to 5 lakhs
  • Hassle free process with just a one pager enrollment form
  • No medicals required
  • Competitive premium rates


  • Scheme for financing House/Flats constructed by Army Welfare Housing Organization (AWHO)..
  • There is 100% Waiver on processing charges in Home Loan under this scheme.
  • In case of Death of Borrower on account of war/external aggression/terrorist attack, outstanding Loan amount (subject to Maximum of Rs. 50 Lakhs or to the extent of drawing limit, whichever is lower) to be written off

Other Incentives

  • Unlimited Internet & Bank’s own ATM Transactions
  • Free Missed call alert facility for Balance inquiry
  • Free Utility Bills Payment Facility Through E-Pay

Nomination facility

Available as per the prevailing banking norms