CORPORATE SALARY PACKAGE

SBI PRESENTS A NEW ATTRACTIVE PRODUCT FOR EMPLOYEES OF CORPORATES & INSTITUTIONS

BENEFITS TO THE EMPLOYER
· Provides a convenient way to manage salaries across a large number of centers through Core Power.
· Reduces employer’s paperwork and salary administration cost.
· Employees receive instant credit of salaries.


TO THE EMPLOYEES
· Employees will enjoy convenience of Anywhere Banking at the largest network of Core Banking Branches presently numbering 11400 plus across the country.

· Extensive alternative channels.
. 8500 plus ATMs of State Bank Group.
. Free Internet Banking

· Complete gamut of Banking Services including :-
· Zero Balance Account facility
· Retain same account number even when the account is transferred to another branch.
· Free Multi City Cheques/ SMS Alert/ e-statement/ internet banking.
· Easy overdraft upto 2 months salary repayment extendable to 6 months.
· RTGS/NEFT, Demat facility, Systematic Investment Plan in Mutual funds.
. Concession in interest on loans.
· Anywhere banking facility/ widest network of branches.
· Range of other value added benefits.