PNBank Savings Fund salary account

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 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 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)

Identity proof :

    * Passport
    * PAN card
    * Voter ID card
    * Driving licence
    * Government ID card
    * Photo ration card
    * Senior citizen ID card


Address proof :

    * Passport
    * Telephone bill
    * Electricity bill
    * Bank Statement with Cheque
    * Certificate/ ID card issued by Post office