Benefits for Salaried Individuals
Salary Account product CENT SAMARTH for account holders comprise a Savings Account (Zero Balance) and a pre-approved Overdraft facility, which can be operated by the same ATM /Debit Card. Key features include the following.
| NO. | Item | Description |
|---|---|---|
| 1 | Eligible institutions |
|
| Salary Account Features and Benefits | ||
| 2 | Balance required in Salary Account | ZERO balance requirement with ZERO maintenance charges |
| 3 | ATM /Debit Card | RUPAY PLATINUM CARD , No Charges on issuance or renewal ( At present Rs. 2 lakh Accident cover available free of cost ) |
| 4 | Overdraft facility | Pre-approved overdraft facility at attractive rates; Can be operated using the same ATM / Debit card |
| 5 | Auto Sweep Facility | Fixed Deposits will be auto created after a threshold amount of 25,000 in multiples of 5,000 |
| 6 | Conversion to Pension Account | Easily convertible to pension account on retirement. |
| Ease of Transactions with CBI CSSS Salary Account | ||
| 7 | Branch Access | Access at any CBI branch or ATM across India; Flexibility to Withdraw/ Deposit/ Transfer from any Branch in India |
| 8 | Cash Deposit / Cash Withdrawal | Unlimited from home branches FREE Up to 50,000 from non-home branches , per day |
| 9 | Internet / Tele / Mobile Banking / | FREE along with Monthly e-account statement |
| 10 | NEFT / RTGS | FREE , without any limits . |
| 11 | Standing instructions | FREE |
| 12 | Utility Bill Payment through Net banking | FREE |
| 13 | ATM transactions | FREE at CBI ATMs (up to 40,000 per day) Five FREE transactions at other bank ATMS |
| 14 | Cheque book | Personalized Multicity cheques, 80 leaves free per year free |
| 15 | Demand Draft / Bankers Cheque | Five FREE DDs / BCs per quarter; (subject to per day limit of INR 1 Lakh) |
| 16 | Processing Charges on all types of Retail Loans | Fully waived if availed by a SB- Cent Samarth account holder. |
| 17 | Locker Rent | 50% rebate in rent on one Small Locker |