Salary Accounts under RSP to gamut of privileges and other value added services to the employees of Indian Railways, Kolkata Metro, Delhi Metro, Bangalore Metro, Mumbai Metro, Konkan Railways. Salary Accounts under this package are available in four variants, namely Silver, Gold, Diamond and Platinum depending on the designation of the personnel.
Benefits to the Employer
• 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
Benefit to the Employee
• Convenience of Anywhere Banking at
The largest network of more than 16,000 Core Banking Branches
O Extensive alternative channels.
The 53,000 plus ATMs of State Bank Group
Free Internet Banking, Mobile Banking
• Complete gamut of Banking Services including: -
O Unique Lifetime Account Number
Zero Balance Account facility with no penalties for non-maintenance of minimum balance
Or Auto sweep (in & out) facility (on request) -Surplus amount in Savings bank account beyond threshold balance is automatically transferred into Term Deposits (multiple option deposits) in multiple of Rs.1000 / - and vice versa
Facility for Auto Sweep Switch On / Off through Internet Banking
Free Personal Accident Insurance (Death) Cover to Primary Salary Package Account *
Free personalized Multi City Checks
O Free Drafts * / RTGS * / NEFT *
Free Core Power: Anywhere banking facility with the widest network of more than 16,000 branches. Free updating of pass-books at any branch
O Easy overdraft up to 2 months' salary repayable within 6 months *
SMS Alerts
Free Debit Cards: Domestic cards for Silver Accounts, Gold Debit cards for Gold and Diamond Accounts and Platinum Debit Card for Platinum Accounts.
The Maximum daily withdrawal of Rs. 40,000 on Domestic Cards, Rs. 50,000 on Gold Cards and Rs. 1,00,000 on Platinum Cards.
Or Various Personal loans like Home loan / Auto loan / Xpress Credit loan, etc. At attractive terms
Demat facility, 3-in 1 Trading Account available
The Systematic Investment Plan in Mutual funds
Range of other value added benefits