Deluxe Salary Account

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Deluxe Salary Account

Deluxe Salary Account ensures hassle-free salary management with zero balance, high interest, and exclusive perks, offering seamless banking for professionals.

  • cheque availibilty
  • penalty for nonmaintenance
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Details for Deluxe Salary Account

Deluxe Salary Account is designed for professionals, offering zero balance maintenance, high-interest rates, and exclusive perks. Enjoy seamless digital banking, priority services, free transactions, and added benefits like complimentary debit cards and insurance coverage. Experience effortless salary management with premium banking features.

Interest Rate

2.90% p.a.

Withdrawal Limit

1,00,000/-

Transaction Limit

1,50,000/-

Minimum Balance Required

  • 5000/-

Eligibility Criteria for Opening an Account

  • Employees of State/Central Govt., Public Sector Undertakings, Autonomous
  • Bodies & reputed Private Institutions.

Additional Benefits

  • Free cash withdrawals over the counter: 30 withdrawals per half year.
  • Free e-banking / m-banking facility.
  • Interest compounded quarterly and calculated on daily products.
  • 20 Cheque leaves free per year. (25 Cheque leaves for Senior Citizens).
  • Temporary Overdraft facility equivalent to 50% of net salary subject to maximum of Rs. 20000/-(Maximum Period 1 month).
  • Nomination facility available.
  • Charges for non-maintenance of the minimum Average Monthly Balance
  • ₹7.5 plus GST per ₹100 of the shortfall from Average Monthly Balance Requirement OR ₹375/- per month + GST, whichever is lower