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PSB Roadways

 

A special Salary Account product, exclusively designed for all the permanent employees of the PEPSU Road Transport Corporation (PRTC)

Features for “PSB Roadways SB Salary Account”

S.No. Features Detailed Benefits
1 Minimum Balance Zero Balance-Waiver for charges
2 Personal Accidental Death Cover Rs. 40 Lakh
3 Additional Accidental Death Cover Upto 24 lakh Child Benefit*
(Child Education benefit of
(I) Rs 6 Lakh (for children between 3-24 yrs) additional benefit.
(II) Rs 6 Lakh in case of girl child (wherever accident death claim is admissible)* Max 2 children)
4 Permanent Total Disability Cover Rs. 40 Lakh
5 Permanent Partial Disability Cover Upto Rs. 40 Lakh
6 Death due to Animal Bite/Insect Bite/Snack Bite Rs. 40 Lakh
7 Additional Air Accident Death cover Rs. 120 Lakh
8 Body Repatriation Cost Max INR 15000 per case
9 Ambulance Charges Max INR 3000 per case
10 Annual Debit Card (Issuance and AMC) Rupay Platinum Card - Nil Charges
11 SMS Charges Waiver Full waiver
12 Neft/RTGS/ IMPS Charges Waiver Full waiver
13 Locker charges discount for 1 Small Locker 25 % Waiver in Small Lockers subject to availability
14 Overdraft Facility 2 Months Net Salary SBOD Facility (2 Times of Monthly Net Salary Credit) for employees.
Minimum Quantum of Finance – Rs 40,000 and
Maximum Quantum of Finance - Rs 400,000
15 Accidental Insurance coverage through NPCI Up to 2 lakhs With Rupay Platinum Debit Card
16 Daily ATM Cash withdrawal Limit Rs.25000 for Rupay Classic card
Rs.40000 for Rupay Platinum card
17 Daily POS/ECOM Limit Rs.100000 for Rupay classic card
Rs.150000 for Rupay Platinum card
RuPay Lounge Complimentary Access (Domestic & International) including other facilities like OTT subscription etc. will be as per the card variant (subject to change as per NPCI guidelines from time to time)

The following Service Charges which are applicable to general savings account will also be applicable for the above product:

Particulars Particulars
Ledger folio Charges for General Saving Bank Accounts Locker visit (beyond 12 visit) (if availed)
Stop Payment Charges or Revocation (Branch Mode) Updation/Modification of Mobile no / E-Mail ID (Subsequent update/modification)
Issuance of Duplicate Passbook or Statement Nomination charges (Change of Nomination)
Issuance of Duplicate TDRs Interest Certificate / Balance Certificate / other certificate in Deposit Accounts
Account closure charges (If close before 12 month) Copy of Cheque/DD (Paid by Bank)
Cash Handling Charges for Cash Deposit (beyond limit) ECS/NACH Registration of mandate
Cancellation/Revalidation & Replacement of DD ECS/NACH Return
Inward Returning of clearing ATM/Debit Card Re-issuance fee
Outward Returning of clearing Re-issue of PIN
Charges for Transfer of Funds within Bank (Branch Mode) ATM/POS transaction technical declines attributable to customer (i.e. insufficient fund in account)
Cash Withdrawal Charges (At Non-Home Branches)) ATM transaction charges (Beyond free limit)
Locker allotment Charges (if availed)  

Note: Any service/benefit beyond concession limits are chargeable. For more details on applicable charges, kindly visit website: www.punjabandsind.bank.in .

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