|
SR. NO.
|
Scheme Name/Features
|
IOB SALARY ACCOUNTS (G-D-P)
|
|
Sub-scheme Code
|
Gold
|
Diamond
|
Platinum
|
|
1
|
Eligibility
|
Employees drawing regular salary. Regular Employees of Central Government, State Government, PSU, Government-Semi Government Corporation, MNCs, Reputed Institutions, Reputed Corporate, Reputed Educational Institutions etc
|
|
2
|
Age
|
Age - 18 to 65 years
|
|
3
|
Gross Salary (Average of last 3 months gross salary)
|
Rs 10,000 & above upto Rs 50,000/-
|
Rs 50,000 & above upto Rs 1,00,000/-
|
Rs. 1,00,000/- and above per month
|
|
4
|
Minimum Balance requirement
|
Nil
|
Nil
|
Nil
|
|
5
|
Zero Balance account to family members
|
Free Zero balance Family Accounts (Spouse+ 1 Chill)
|
Free Zero balance Family Accounts (Spouse+ 2 Children).
|
Free Zero balance Family Accounts (Spouse+ 2 Children).
|
|
6
|
Internet & Mobile Banking Facility
|
Free
|
Free
|
Free
|
|
7
|
Type of ATM Card
|
VISA Platinum/
Rupay Platinum
|
VISA Signature
/RuPay select
|
VISA Signature
/RuPay Select
|
|
8
|
Debit Card Charges
|
Issue charge
|
Free
|
Free
|
Free
|
|
Annual Maintenance Charge
|
Free
|
Free
|
|
|
Free
|
|
9
|
ATM Cash Withdrawal Limit
|
Rs.50,000/- per day
|
Rs 1,00,000 per day in VISA Signature/
Rs 50,000 in Rupay Select
|
Rs 1,00,000 per day in VISA Signature/
Rs 50,000 in Rupay Select
|
|
10
|
POS Limit
|
Rs 2,00,000/- per day in VISA Platinum/ Rs 1,25,000 in Rupay Platinum
|
Rs 3,50,000 per day- VISA Signature/ Rs.5,00,000 per day-Rupay Select
|
Rs 3,50,000 per day- VISA Signature/ Rs.5,00,000 per day-Rupay Select
|
|
11
|
Ecom Limit
|
Rs 2,00,000/- per day in VISA Platinum/ Rs 1,25,000 in Rupay Platinum
|
Rs 3,50,000 per day
|
Rs 3,50,000 per day
|
|
12
|
Free ATM card access at own ATM
|
Unlimited
|
Unlimited
|
Unlimited
|
|
13
|
Free ATM card access at other ATM
|
3 transactions (financial + non-financial) per month at Metro or 5 transactions (financial + non-financial) per month at other centres
|
Unlimited
|
|
14
|
Lounge access:
|
Domestic /International Airport
|
Lounge access is subject to card network. As per the present scenario, Rupay (Platinum/Select) provides 2 lounge access per quarter while VISA(Platinum/Signature) provides 1 lounge access per quarter
|
|
15
|
FREE
Personal Accident Insurance*
|
With account
|
Rs 20 Lakhs( Death + PPD & TPD)
|
Rs 30 Lakhs (Death + PPD & TPD)
|
Rs 40 Lakhs (Death + PPD & TPD)
|
|
With debit card
|
Rs 2 Lakhs by NPCI for RuPay Platinum
|
Rs 10 Lakhs by NPCI for RuPay Select Card
|
Rs 10 Lakhs by NPCI for RuPay Select Card
|
|
As per the terms & conditions of NPCI, at present Debit Card will be eligible for Rupay Insurance Program only if it is being used in POS/Ecom transaction once in 30 days
|
|
16
|
Fund transfer through NEFT
|
Free
|
Free
|
Free
|
|
17
|
Fund transfer through RTGS
|
Free
|
Free
|
Free
|
|
18
|
Fund transfer through IMPS
|
Free
|
Free
|
Free
|
|
19
|
SMS Charges
|
Free
|
Free
|
Free
|
|
20
|
Temporary Overdraft Facility in case of emergency, one salary credit is mandatorily, maximum 2 occasions in a calendar year
|
1 month net salary up to -
Rs. 50,000/-
|
2 months net salary up to -
Rs. 1 lakh
|
3 months net salary up to -
Rs. 2 lakh
|
|
21
|
Credit Card subject to Bureau score, income norms and other eligibility criteria
|
Issuance Free Annual Maintenance Charges (AMC) -25% waiver.
|
Issuance Free Annual Maintenance Charges (AMC) -50% waiver.
|
Free issuance & Annual Maintenance Charge.
|
|
22
|
Personalized Cheque Book
|
40 leaves free per year
|
60 leaves free per year
|
100 leaves free per year
|
|
23
|
Demand Drafts
|
Two DDs free per month to the extent of preceding quarter average balance available in the account.
|
Free unlimited to the extent of preceding quarter average balance available in the account
|
Free unlimited to the extent of preceding quarter average balance available in the account
|
|
24
|
Locker Operations
|
Unlimited free
|
Unlimited free
|
Unlimited free
|
|
25
|
Concession on locker Rent
|
10 % waiver
|
15 % waiver
|
25% waiver
|
|
26
|
Processing fee for home loan of Rs 25 lacs and above
|
100% concession
|
100% concession
|
100% concession
|
|
27
|
Processing fee for home loan below Rs 25 lacs
|
50% concession
|
75% concession
|
100% concession
|
|
28
|
Processing fee for eligible retail loan (other than home loan) schemes
|
50% concession
|
75% concession
|
100% concession
|
|
29
|
Rate of Interest on Home loan
|
0.05% p.a. concession in applicable ROI
|
0.05% p.a. concession in applicable ROI
|
0.05% p.a. concession in applicable ROI
|
|
30
|
Rate of Interest on Vehicle loan
|
0.10% p.a. concession in applicable ROI
|
0.10% p.a. concession in applicable ROI
|
0.10% p.a. concession in applicable ROI
|
|
31
|
Rate of Interest on Education loan more than Rs 7.5 lacs for study abroad
|
0.10% p.a. concession in applicable ROI
|
0.10% p.a. concession in applicable ROI
|
0.10% p.a. concession in applicable ROI
|
|
32
|
Rate of Interest on Mortgage loan
|
0.10% p.a. concession in applicable ROI
|
0.10% p.a. concession in applicable ROI
|
0.10% p.a. concession in applicable ROI
|
|
33
|
Rate of Interest on Personal loan
|
0.10% p.a. concession in applicable ROI
|
0.10% p.a. concession in applicable ROI
|
0.10% p.a. concession in applicable ROI
|
|
34
|
Joint A/c Facility with spouse
|
Yes
|
Yes
|
Yes
|
|
35
|
Instant Credit of outstation cheques
|
Rs 15,000/-
|
Rs 25,000/-
|
Rs 30,000/-
|
|
36
|
Stop Payment Instruction Charges
|
Free
|
Free
|
Free
|
|
37
|
Account Statement through e-mail/e-Statement (Monthly)
|
Free
|
Free
|
Free
|
|
38
|
Standing Instructions
|
Free
|
Free
|
Free
|
|
39
|
Utility Bill Payment, online Tax payment
|
Free
|
Free
|
Free
|
|
40
|
Portability
|
Portability from one sub scheme to another under IOB Salary Accounts Scheme shall be allowed after one year of account opening only.
|
Portability from one sub scheme to another under IOB Salary Accounts Scheme shall be allowed after one year of account opening only.
|
Portability from one sub scheme to another under IOB Salary Accounts Scheme shall be allowed after one year of account opening only.
|
|
41
|
Salary Mandate
|
Salary Mandate from the employer for the credit of salary to the IOB Salary Accounts is required
|
|
42
|
In case of Retirement/ Switch over the account to other organisation /Non-credit of salary consecutively 3 months
|
The Account shall be converted into SB Public Accounts by the branch wherein he/she would have to maintain the required balance. All the free/concession shall be withdrawn.
|
|
|
Benefits with Repay Select Debit Card
|
|
43
|
Gym
|
Nil
|
15 days/1month free gym membership. 40-50% discounted price on extension of membership.
|
|
44
|
GOLF
|
Nil
|
1 Complimentary Golf Lesson / round in a year. Discounted access from 2nd visits onwards.
|
|
45
|
SPA services
|
Nil
|
1 Complimentary SPA session in a year. 40-50% discount on additional sessions throughout the year.
|
|
46
|
Health Check Up
|
Nil
|
1 Complimentary premium health check-up package in a year. Discounted Health Check-up facility post utilization of complimentary offer.
|
|
47
|
Exclusive merchant offers
|
Nil
|
Exclusive offers from selected partner merchants.
|