IBM - Corporate Salary Package

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SBI - IBM Salary Package

Open Salary Account Net Banking

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No penalty for non-maintenance of minimum average balance

Personal Accident Cover

Account level PA cover of ₹ 40 Lac without any POS clause and additional ₹ 10 Lac on RuPay debit Card

Auto Sweep

Earn FD interest rates on your savings account deposits over Rs 35,000

Unlimited Withdrawals

Enjoy unlimited number of withdrawal transactions at all Bank ATMs

Air Accident Insurance

Account level PA cover of ₹ 1 Cr. and additional ₹ 1 Cr. on RuPay debit Card

Locker Rent Discount

50% discount on locker charges

Reimbursement Current A/c

Complimentary current account to manage your reimbursement flows with no min. balance requirement. Can be linked with salary A/c debit card

Other Insurance Coverages

Add on insurance cover: Education, Transport of imported medicine, Air ambulance and many more

Family Banking

Exclusive zero balance savings accounts for your dear ones with SBI Rishtey (including benefits like locker discount, PAI cover, free debit card etc.)

Zero Balance Account

No penalty for non-maintenance of minimum average balance

Personal Accident Cover

Account level PA cover of ₹ 30 Lac without any POS clause and additional ₹10 Lac on RuPay debit Card

Auto Sweep

Earn FD interest rates on your savings account deposits over Rs 35,000

Unlimited Withdrawals

Enjoy unlimited number of withdrawal transactions at all Bank ATMs

Air Accident Insurance

Account level PA cover of ₹ 60 Lac. and additional ₹ 1Cr on RuPay debit Card

Locker Rent Discount

50% discount on locker charges

Reimbursement Current A/c

Complimentary current account to manage your reimbursement flows with no min. balance requirement. Can be linked with salary A/c debit card

Other Insurance Coverages

Add on insurance cover: Education, Transport of imported medicine, Air ambulance and many more

Family Banking

Exclusive zero balance savings accounts for your dear ones with SBI Rishtey (including benefits like locker discount, PAI cover, free debit card etc.)

Zero Balance Account

No penalty for non-maintenance of minimum average balance

Personal Accident Cover

Account level PA cover of ₹ 20 Lac without any POS clause and additional ₹ 10 Lac on RuPay debit Card

Auto Sweep

Earn FD interest rates on your savings account deposits over Rs 35,000

Unlimited Withdrawals

Enjoy unlimited number of withdrawal transactions at all Bank ATMs

Air Accident Insurance

Account level PA cover of ₹ 30 Lac and additional ₹ 50 Lac on RuPay debit Card

Locker Rent Discount

15% discount on locker charges

Reimbursement Current A/c

Complimentary current account to manage your reimbursement flows with no min. balance requirement. Can be linked with salary A/c debit card

Other Insurance Coverages

Add on insurance cover: Education, Transport of imported medicine, Air ambulance and many more

Family Banking

Exclusive zero balance savings accounts for your dear ones with SBI Rishtey (including benefits like locker discount, PAI cover, free debit card etc.)

Open Salary Account

Note 1: Benefits under salary package are subject to classification of Savings Bank Account to respective Salary Package and Variant in banks system. All Customers Drawing Salary through SBI Accounts are required to apply along with proof of Salary and Proof of employment to their home branch for conversion of savings account to respective Salary Package/Variant (Conversion Forms). Account holders are required to verify classification of their accounts under respective package/variant from the name of package / variant printed on first page of their bank passbook / statement.

Note 2: In case, monthly salary is not credited into the account for more than 3 consecutive months, the account will be converted to normal savings account and all the features offered under Salary Package will stand withdrawn. All the Charges shall be levied as applicable to normal Savings Bank Account.

T & C apply