State Bank of India has launched a special salary package for employees of Indian Railways, Kankan Railways, Kolkata Metro, Delhi Metro, Bangalore Metro and Mumbai Metro as, according to SBI, almost 46% of India. Depending on the personnel designations there will be four types of accounts for the railroad salary package.
The Bank has announced a list of benefits for customers. In this program customers will get
1. A single account
2. Central bank facility
3. Balance account '0'. It is not necessary to maintain a minimum balance
4. Installation of automatic sweeping where the surplus amount in the saving account beyond the threshold balance is automatically transferred to the deposit a term in multiple Rs 1000 and vice versa.
5. Free personal accident insurance (death)
6. Free Multicity Personal Checkup
7. Free / RTGS / NEFT Drafts
8. Free update of notebooks in any branch
9. Easy overdraft up to 2 months of refundable salary within 6 months
10. Free sms alart
11. Free Debit Card
12. Custom daily withdrawal limit for multiple debit cards