INSUBCONTINENT EXCLUSIVE:
SBI's corporate salary package offers demat and online trading account at the time of on-boarding.
SBI (State Bank of India) offers an entire range of salary accounts according to
"The SBI corporate salary package is the efficient salary disbursement method," said country's largest lender on microblogging website -
SBI offers salary account packages for varied sectors such as central government, state government, defence forces, paramilitary forces,
police forces, corporates/institutions etc, according to bank's official website -- bank.sbi
The packages provide a wide range of benefits and services, as well as access to the secure net banking and mobile banking services, it
the employees of corporate institutions, including service organisations such as hospitals, hotels, etc
The package can be customised depending upon the business relationship between the organisation and the bank.The package variants
Rs 20,000 and up to 50,000Silver: Between 5,000 and up to 20,000Advantages to the employee:1
Salary accounts under CSP offer SBI Zero balance account and free unlimited transactions across ATMs of any bank
SBI credit card is also bundled with it.2
It also offers complimentary personal accident insurance (in case of death) cover up to Rs 20 lakh and complimentary air accident insurance
(in case of death) cover up to Rs 30 lakh.3
Employees also get free issuance of drafts, multicity cheques, SMS alerts and free online NEFT/RTGS services.4
One also gets overdraft equivalent to two months net salary (currently available for select customers only) and up to 25 per cent off on
One can also avail auto-sweep to create e-MODs (Multi Option Deposits) and earn higher interest
Demat and online trading account is provided at the time of on-boarding itself.
