Purpose:
To offer an attractive Saving Fund Account to Corporate
Employees for enabling them to have their Salary Credited
as well as availing overdraft facility up to Rs. 15,000/-
or the last salary credited in the account whichever
is lower, at our interest rates applicable to Personal
Loans to employees, it would be adjustable in bullet
repayment at the time of next salary credit
ELIGIBILITY: OF THE EMPLOYEE
AS WELL AS CORPORATES UNDER TIE-UP ARRANGEMENT:
The employee whose
salary account is being opened should be a permanent
employee. The minimum number
of accounts to be opened should be 10 or 75% of the
strength of the permanent employees
of the corporate (in that location), whichever
is lower.
Initial
Deposit and Minimum Balance Requirements : Zero
Service Charges : It
will be a ZERO CHARGES ACCOUNT, i.e., the customer would
not be subjected to any charges in respect of any of
the services related to this account.
Other facilities offered
:
Free Cheque Books
for routine requirements (except bulk requirements for
loans to be availed at any other bank-
in that case normal cheque book charges
would be levied); Free Statement of
Accounts; Free inter-sol transactions; Free funds transfer
from their accounts within our CBS branches and at 50%
discount at non-CBS branches; Free issuance of
all types of certificates including interest certificate
and balance certificate, etc; Free of Cost maintenance
of Demat Account (we shall be waiving the charges to
be earned by PNB as annual fee, charges payable to NSDL
would be recovered from the customers); 50% discount in
one locker at the branch convenient to the customer; Free of Cost PNB
Debit/ ATM Card; PNB-HSBC Credit
Cards shall also be got considered by HSBC on priority
basis (only for eligible employees,
at existing HSBC centres)
The employee whose
salary account is being opened should be a permanent
employee.