CONSOLIDATED GUIDELINES- PNB SALARY SCHEME
| PARAMETERS | FEATURES |
|---|---|
| Eligibility | Employees of central/state Govt./PSU/ Govt.-semi Govt. Corporation/MNCs/ Corporate/ Educational Institutions/ Any other Institutions (regular as well as contractual employee) |
| Variants/Drawing Gross Salary per Month | Silver 25Rs.10,000/- to Rs.25,000/-Gold 50Rs. 25,001/- to Rs.50,000/-Premium 100Rs.50,001/- to Rs.1,00,000/-Platinum 200Rs.1,00,001/- to Rs. 200000/-TitaniumRs. 200001/- & above |
| Initial Deposit | Zero |
| Minimum Quarterly Average Balance | Zero |
| Nomination | Allowed |
| Sweep Facility(Optional) | 1. Savings Bank accounts opened / maintained under the scheme will have Sweep-In / Out facility.2. As per mandate given by primary account holder, sweep facility will be allowed for tenor 7 days to 365 days. The Sweep out shall be after threshold deposit of Rs. 20,000/- in salary account, in multiple of Rs 1,000/-.3. Account holder will get the prevailing card rate of interest upon Flexi Fixed Deposit No interest shall be paid if FFD is broken before 7 days.4. Sweep out shall be on daily basis and by default period of Flexi Fixed Deposit shall be 365 days. |
| Personal Accidental Insurance (PAI) Cover | VARIANTSPAI COVERSilver 25Rs. 30.00 lakhsGold 50Rs. 40.00 lakhsPremium 100Rs. 45.00 lakhsPlatinum 200Rs. 45.00 lakhsTitaniumRs. 50.00 lakhsThe above coverage is in addition to the insurance cover provided to debit card holder (Rupay Select debit card Rs. 10 Lakh and Rupay Platinum Debit Card Rs.2.00 Lakh) as per T & C from time to time. |
| Free Cheque Leaves (Except for Bulk Requirement–EMIs payable to other Banks/FIs/NBFC) | Silver 25Gold 50Premium 100Platinum 200Titanium40 p.a.(Apr – Mar)50 p.a.(Apr – Mar)100 p.a(Apr – Mar)Unlimited |
| RTGS through salary A/c- free of cost (other than business purpose) | Silver 25Gold 50Premium 100Platinum 200Titanium2 pr. month5 pr. monthUnlimited |
| NEFT through salary A/c- free of cost (other than business purpose) | Silver 25Gold 50Premium 100Platinum 200Titanium2 pr. month5 pr. monthUnlimited |
| Issue of Demand Draft routed through salary A/c- free of cost (other than business purpose) | Silver 25Gold 50Premium 100Platinum 200Titanium2 DD pr. qt.(Max. amt. of 2 drafts- Rs.0.25 lakh)4 DD pr. qt.(Max. amt. of 4 drafts-Rs.0.75 lakh)Unlimited |
| Demat Account | Silver 25Gold 50Premium 100Platinum 200Titanium50% discount on Annual Maintenance charge for first year onlyNo Charges |
| Issuances of all types of Certificates | No Charges |
| Issuances of Debit Card | ProductVariantGross monthlysalary (Rs.)Debit CardVariantCharges and Fees1st year2nd Year onwardsSilver 2510,000 to 25,000RuPay Platinum Debit CardFreeAMC to be reimbursed/waived , if QAB of Rs. 15,000 is maintainedGold 5025,001 to 50,000RuPay Platinum Debit CardFreeAMC to be reimbursed/waived, if QAB of Rs. 25,000 is maintainedPremium 10050,001 to 1,00,000RuPay Platinum Debit CardFreeAMC to be reimbursed/waived, if QAB of Rs. 50,000 is maintainedPlatinum 2001,00,001 to 2,00,000RuPay Select Debit CardLifetime FreeTitanium>2,00,000RuPay Select Debit CardLifetime FreeIf the QAB is not maintained as above, AMC Charges will be charged as per the existing guidelines for the service charges.These will be default debit card variants to salary customer, customer may opt for any other cards as well. |
| Annual Maintenance Charge | |
| Documentation & Processing Charges on Housing, Car& Personal Loan(Min. 3 months regular salary credit) | Silver 25Gold 50Premium 100Platinum 200Titanium50% Discount100% DiscountIn case higher discount on Documentation & Processing charges on Housing, Car & Personal loan is provided during bonanza, the same will be available to the customer of this scheme. |
| Locker Rent for the first year | Silver 25Gold 50Premium 100Platinum 200Titanium25% discount on small locker50% discount on small locker75% discount on small locker100% discount on small/medium locker |
| Issue of free statement in addition to pass book | Silver 25Gold 50Premium 100Platinum 200TitaniumE-StatementE-StatementE-StatementNo ChargesNo Charges |
| Retail Internet Banking | No charges |
| SMS Alert | No charges |
| Instant Credit of outstation cheques | Silver 25Gold 50Premium 100Platinum 200TitaniumUpto Rs. 15,000/-Upto Rs. 25,000/- |
| Issuance of Free Credit Card subject to eligibility | No joining fee- Life time free credit card will be given(Both Joining & Annual Fee – NIL)Product VariantGross monthly salary (Rs.)Credit Card VariantCredit Card LimitCharges and FeesSilver 2510,000 to 25,000RuPay PlatinumEqual to Gross SalaryLifetime FreeGold 5025,001 to 50,000RuPay PlatinumEqual to Gross SalaryPremium 10050,001 to 1,00,000RuPay Millenial1.5 times of Gross SalaryPlatinum 2001,00,001 to 2,00,000RuPay Millenial1.5 times of Gross SalaryTitanium>2,00,000RuPay Select2 times of Gross SalaryThese will be default credit card variants to salary customer, customer may opt for any other cards as well, subject to his/her eligibility |
| Domestic ATM – cash withdrawal per day | Silver 25Gold 50Premium 100Platinum 200TitaniumAs per extant guidelines |
| Domestic Shopping Limit POS per day | Silver 25Gold 50Premium 100Platinum 200TitaniumAs per extant guidelines |
| Scheme Code | Silver 25Gold 50Premium 100Platinum 200TitaniumSBSVVSBSDVSBSPVSBSMVSBSOV |
** DOCUMENTATION & PROCESSING CHARGES
In case higher discount on documentation & processing charges on housing, car & personal loan is provided by HO: RAD during bonanza, the same will be available to the customer of this scheme.
OTHER TERMS & CONDITIONS
- PAI will be available to first account holder only till the account remains in the eligible salary scheme code. Thus, insurance cover will not be available in case account transferred to Saving Fund General due to non-receipt of salary in the account.
- In case, salary is not credited in account for three months in a calendar quarter, the account will be transferred to Saving Fund General and all freebies will be withdrawn by system.
- Insurance cover available under Debit Card will be settled separately through the concerned HO: Division as per existing guidelines.
- The accounts converted to Saving Fund General can be considered for re- transferring to new salary variants subject to eligibility and on the request of the customer on case to case basis at branch level.
- All other guidelines for saving accounts (other than mentioned above) as applicable from time to time will be adhered to.
- The guidelines issued by the concerned Division for the facilities provided in the product be strictly adhered to and the same will be applicable as issued from time to time.
- All other service charges except the relaxations given above will be levied as per Bank’s schedule of service charges as applicable from time to time.