Corp Payroll Elite & Delite Accounts

Corp Payroll Elite & Delite Accounts

Corp Payroll Account: Corp Elite & Delite

(Exclusive for Central/State & PSUs Employees)

Name of the Savings  AccountCorp Pay EliteCorp Pay Delite
Eligibility ( Gross Salary)Rs. 15,000/- to Rs.74,999/-         Rs.75,000/- and  above  
Initial DepositNILNIL
Quarterly Average Balance to be maintainedNILNIL
ATM cum Debit Card
Card TypePlatinumVisa Signature
Annual FeeFreeFree
Withdrawal Limit Per day at  ATMsRs 100,000Rs 100,000
Transaction Limit per day at  POSRs 200,000Rs 500,000
Usage at Corp Bank ATMsUnlimitedUnlimited
Free usage at other Bank  ATM10 txns per monthUnlimited
Add On CardFreeFree
Card Replacement Fee (Except for loss of card)FreeFree
Term Life Insurance Cover*Rs. 5 LakhRs. 10 lakh
Personal Accident (Death)  CoverRs. 5 LakhRs. 10 Lakh
Internet, Mobile banking & SMS BankingFreeFree
Personalized at par Cheque  Book50 Leaves free/ year100 Leaves free/ year

Temporary Overdraft  [TOD]

(Subject to getting undertaking letter from the employer)

1 Month net salary (Max. of Rs.50000)     

1 Month net salary    (Max. of Rs.2,00,000)
Remittances from account (DD/ NEFT) Unlimited FreeUnlimited Free
Joint A/c Facility with  spouseYesYes
Any Branch BankingFreeFree
Account Statement via  emailFreeFree

Processing fee for Corp Home, Vehicle &

Educational Loans(Any concession offered during campaigns will apply)

25% concession50% concession       

Locker facility

(Concession  shall    be extended manually at branches)
25% concession on 1st  year rent50% concession on 1st  year rent

* In the case of joint accounts, the first named will only be   covered.