Corporate Salary Package

Salary Accounts under

Corporate Salary Package (CSP)

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Corporate Salary Package (CSP)

Salary Accounts under CSP offer a range of privileges to the employees of corporate institutions, including service organisations such as hospitals, hotels, transport corporations etc. The package can be customised depending upon the business relationship between the Corporate/ Institution and the Bank

Package Variants eligibility is as per Net Monthly Salary

  • Rhodium: Above 2,00,000/-
  • Platinum: Above 1,00,000/- and upto 2,00,000/-
  • Diamond: Above 50,000/- and upto 1,00,000/-
  • Gold: Above 25,000/-and upto 50,000/-
  • Silver: Between 10,000/- and upto 25,000/-

This will determine your eligibility for variant of Debit Card, Quantum of Insurance coverage, Loyalty Program benefits etc.

  • Benefits to the Employer
    • Hassle-free account opening process. On request, our officials will visit your premises to on-board your employees. Employees can also opt to open their accounts online or by visiting the nearest branch.
    • A convenient way to manage salaries across a large number of centres, through the Bank's award-winning Corporate Internet Banking.
    • Online facilities reduce paperwork and salary administration cost. Enjoy instant credit of salaries to your employees' accounts.
    • Zero charge for salary disbursement.
    • Equipping your employees with a power-packed Salary Account that is trusted by the largest organisations in India.
  • Benefits to the Employee

    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the account will be converted to normal savings account and all the features offered under Salary Package will stand withdrawn.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.