Private Sector Employees


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


All employees on regular pay roll of Private Sector

Minimum Balance Requirement

(This is a Zero Balance Account).


Group Personal Accidental Death Insurance Cover


Group Personal Accident Death Insurance cover of Rs.5 Lakhs (Premium paid by Bank) (Bank has enhanced coverage from Rs. 2 Lakhs to Rs. 5 Lakhs w.e.f from 01.01.2015)

ATM Cum Debit Card

Free Global Debit Cum ATM Card to all.

Free Platinum Debit Card will be given to those employees whose net take home salary is minimum Rs 25000/- p.m. or average quarterly balance in SB a/c is Rs1 Lakh

Internet Banking/ Mobile Banking/ Star Sandesh/RTGS/NEFT payment through Internet Banking


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

Free 100 Cheque leaves per calendar year

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 on Retail Loan* & Waiver of Processing Charges on Personal Loan

0.25% less than usual rate in Retail Loan* subject to minimum of Base rate

50 % Waiver of Processing charges in Personal 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

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

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