Overview
The Preferred Plus Salary Account designed for corporate employees not only waives the average balance requirement but also gives additional insurance benefits among a multitude of other privileges.
Features
No Average Monthly Balance requirement and No Maintenance Charges
Attractive interest rates on savings
Why opt for a Preferred Plus Salary Account?
Tailored for Corporate Employees: Designed keeping in mind the financial needs of corporate professionals.
Financial Security and More: Enhanced insurance coverage for added peace of mind.
Health and Wellness: Prioritize your health with easy access to medical consultations.
Rewarding Transactions: Maximize the value of your transactions with attractive rewards.
Additional Benefits
Effortless Account Management: Seamless management through our digital banking platforms.
Exceptional Banking Experience: A swift, convenient, and hassle-free way to handle your financial transactions.
Our Interest Rates
w.e.f. 1st July, 2024
Daily Closing Balance
Rate Slab
Up to ₹ 1 lakh
3.50%
Above ₹ 1 lakh and upto ₹ 7 lakhs
5.00%
Above ₹ 7 lakhs and upto ₹ 25 Crs
7.00%
Above ₹ 25 Crs
7.80%
Interest will be calculated on the daily closing balance of the account.
Interest will be paid on quarterly basis by direct credit in the savings account.
Slabs rates are applicable on the incremental amount based on the closing balance.
Please read all terms and conditions.
Charges
Schedule of Charges for Savings Accounts
w.e.f 1st November 2024.
Schedule of Charges for Savings Accountsw.e.f 1st November 2024.
Average Monthly Balance (AMB)
Grouping with Family Accounts
Collections
Payments
Cash Charges
Other Charges
Certificate and Report Issuance
Doorstep Banking*
Average Monthly Balance (AMB)
Average Monthly Balance (AMB)
NIL
AMB non-maintenance charges
NIL
*Terms and Conditions Apply, Complimentary Insurance, Telehealth consultation can be availed on registration through Internet Banking / Mobile Banking. Taxes as applicable will be additional
PAP: Payable At Par
NA: Not Applicable
SA: Savings Account
CA: Current Account
Cash withdrawal failed due to insufficient funds considered as financial transaction
All Debits, Credits above ₹ 5,000 only (for alert of credit below ₹ 5,000 raise request with branch or customer care)
ELITE Debit Card is issued to ELITE customers only, Rs.499 charges applicable if customer no longer holds ELITE program status (contact customer care/branch for replacement debit card to avoid charges)
Blogs
Finance
Tricks to save yourself from inflation
Inflation can never be your problem until it hits you hard. When the day-to-day commodity price starts to mount, as a consumer you...
Beyond Banking
Stories of Transformation – Here’s how Reeta became an inspiration for her entire village!
“My name is Reeta Devi. I was born and brought up in Jaipur, Rajasthan. My life has been a series of struggles. My mother passed away when...
Finance
Why You Should Have All Your Bank Accounts Under One Roof ?
Managing your finances is not simple with various bank accounts in different financial institutions. Unintentionally, many of you might...
