Salary Accounts under RSP a range of privileges and other value added services for employees of Railways of India, Kolkata Metro, Delhi Metro, Bangalore Metro, Mumbai Metro, Konkan Railways. The Salary Accounts under this package are available in four variants, namely Silver, Gold, Diamond and Platinum depending on the staff designation.
Benefits for the Employer
• A convenient way to manage salaries in a large number of centers through Core Power and the award winning Corporate Internet Banking
• Reduce the administrative and paperwork costs of the employer.
• No charge for wages
• Employees receive instant credit from wages
Employee Benefit
• Convenience of Anywhere Banking in
O The largest network of more than 16,000 central bank branches
O Extensive alternative channels.
Or 53,000 more ATMs from the State Bank Group
Free Internet Banking, Mobile Banking
Complete range of Banking Services including: -
O Unique account number for life
O Zero Account Balance without penal expenses for not maintaining the minimum balance
O Auto sweeping (in and out) installation (on request) -Surplus amount in savings accounts beyond the threshold balance is automatically transferred into time deposits (multi option deposits) in multiple of Rs.1000 / - and vice versa
O Facility for automatic sweep switch On / Off via Internet Banking
OR Free Personal Accident (Death) Insurance Coverage to the Primary Wage Package Account *
Free Custom Multi City Checks
O Free Drafts * / RTGS * / NEFT *
O Free Core Power: Anywhere banking facility with the largest network of more than 16,000 branches. Free passport update at any branch
O Easy overdraft up to 2 months of refundable salary within 6 months *
O SMS Alerts
O Free debit cards: National cards for silver beads, gold debit cards for gold and diamond beads, and platinum debit card for platinum beads.
O Maximum daily withdrawal of Rs. 40,000 in national cards, Rs. 50,000 in gold and Rs. 1,00,000 on Platinum Cards.
O Several personal loans like home loan / auto loan / Xpress loan, etc. under attractive conditions
O Demat Installation, 3-in 1 Trading Account available
O Systematic Investment Plan in Mutual Funds
O Range of other value added benefits