Waiver of AMC Charges
on Demat A/cs (for First Financial Year only)
Only for Salary Account Holders of Government Organization/ Private Organizations including Multinational Companies wherein our Bank is engaged for salary disbursement and consent of the employer is extended to the Bank. :-
The account holder may be provided overdraft facility for maximum amount equal to one month of the salary amount (net credit to SB a/c last month) in their SB Account.
No Processing Charge will be recovered for overdraft.
*Terms & Conditions
The above facility shall be extended only to permanent employees Government Organization/ Private Organizations including Multinational Companies wherein our Bank is engaged for salary disbursement.
Undertaking from employer not to shift Salary Account or Pay Terminal Dues without NOC from the Bank.
Net take Home Income should not be less than 40 %.
Group Personal Accident Death Insurance Cover of Rs.5 lakhs (Premium paid by Bank)
Note: Bank holds the right to withdraw the facility at its discretion in subsequent year.
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