CORPORATE SALARY ACCOUNT
Corporates and their employees can experience exclusive benefits with our Salary Accounts. Our accounts are designed exclusively to meet your day to day banking requirements, give you the best of benefits when you save /invest and transact.

Preferred Plus Salary Account
A Savings Account designed for Corporate employees with no average balance requirement and other advantages.
Features
Savings Account Interest Rate w.e.f. 10th July, 2023
Daily Closing Balance | Rate Slab |
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Up to ₹ 1 lakh | 3.50% |
Above ₹ 1 lakh and upto ₹ 5 lakhs | 5.25% |
Above ₹ 5 lakhs and upto ₹ 50 Crs | 7.00% |
Above ₹ 50 Crs | 7.50% |
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
Schedule of Charges for Savings Accounts w.e.f 8th January 2023.
- Average Monthly Balance (AMB)
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Average Monthly Balance (AMB) NIL AMB non-maintenance charges NIL - Grouping with Family Accounts
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Savings Account Grouping Can group Regular family members accounts Cheque book Free 30 leaves per quarter Charges beyond free limits ₹ 2 per leaf - Collections
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Local cheque clearing Free Outstation cheque collection charges at bank location Up to ₹ 5000 – Charge of ₹ 25, Above 5000 and up to and including ₹ 10,000 – Charge of ₹ 50, Above
₹ 10,000 and up to including ₹ 100000 – Charge of ₹ 100, Above ₹ 100000 – Charge of ₹ 150Outstation cheque collection charges at non-bank location RTGS inward/ NEFT inward/ IMPS inward Free Foreign inward remittance Free - Payments
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Demand Draft and Payorder at branch locations Free upto 30 DDs a quarter drawn on ESFB location Charges beyond free limits ₹ 50 per DD Demand Draft at non-branch locations ₹ 100 per DD PAP cheque payment Free RTGS and NEFT outward at branch (free online) NEFT : Upto ₹ 10000/- ₹ 2.25, From ₹ 10001 to ₹ 100000 : ₹ 4.5, From ₹ 100000 to ₹ 200000 : ₹ 14.5, Above ₹ 200000 : ₹ 24.5. RTGS: From ₹ 200000 to ₹ 500000 : ₹ 20, Greater than ₹ 500000 : ₹ 40. IMPS Outward ( per day limit of Rs 5 Lacs) ₹ 1 per Transaction - Cash Charges
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Combined Cash Deposit limit (home and non home) 10 transactions free upto ₹ 500,000 Charges beyond free limits ₹ 4/1000 Combined Cash withdrawal limit (home and non home) Free unlimited Debit Card Cash Withdrawal TXNs at across Equitas Bank ATMs (Include Financial & Non-Financial) Free unlimited Debit Card Cash Withdrawal TXNs (Metro/Urban Semi urban/rural location other ATMs (Include Financial & Non-Financial) 5 Charges beyond free limits of ATM withdrawals ₹ 21 per Financial transaction, ₹ 10 per Non-Financial Transaction Cash withdrawal outside India ₹ 110/- per transaction Balance Inquiry Outside India ₹ 25/- per transaction - Other Charges
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Visa International Platinum - Preferred (issuance, annual fees) Free ATM withdrawal limit ₹ 200,000 per day POS/E commerce limit ₹ 300,000 per day Card Transaction Slip Retrieval charges ₹ 250/- per slip Stop payment single cheque ₹ 100 per cheque Stop payment series ₹ 150 for a series of 25 cheques Outward cheque return charges for financial reasons ₹ 100 per cheque Outward cheque return charges for technical reasons NIL Inward cheque return charges for financial reasons Upto 2 cheques ₹350/- per cheque, 3-5 cheques ₹500, 6th cheque onwards ₹750 per cheque Inward cheque return charges for technical reasons NIL Standing instructions set up/Amendment (Free for RD/SIP/Bill Payment) ₹ 25 per instance Standing instructions failure (return) ₹ 150 per return ECS / NACH Return due to financial reasons ₹ 200 per return SMS Alerts (Debit & Credit Transactions^) Free SMS Alerts (Day end balance alert) ₹ 10 per Quarter - Certificate and Report Issuance
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Balance Certificate at Branch (online free) ₹ 250 per instance Previous year balance and interest statement (free online) 1 free per annum, more than 1 ₹ 300/- per statement Passbook issuance Free Signature verification certificate / Photo attestation / Address confirmation ₹ 50 per instance Duplicate TDS certificate ₹ 100 Duplicate account statement print (free online or on email) ₹ 50 DD / PO revalidation / cancellation ₹ 100 Account closure charges if closed on customer request after 15 days of account opening and before completing 6 months. ₹ 500 Account inactive charges NIL - Doorstep Banking*
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Cheque pickup ₹ 50 per instance Cash pickup beat (charges per month) Upto ₹ 200000 ₹ 2200 ₹ 200000 to ₹ 500000 ₹ 3200 ₹ 500000 to ₹ 1000000 ₹ 8000 ₹ 1000000 to ₹ 2000000 ₹ 12000 Above ₹ 2000000 Contact Branch Cash pickup on call (charges per instance) Upto ₹ 200000 ₹ 150 ₹ 200000 to ₹ 500000 ₹ 300 ₹ 500000 to ₹ 1000000 ₹ 500 ₹ 1000000 to ₹ 2000000 ₹ 800 Above ₹ 2000000 Contact Branch
Available on request at select locations only. 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)