BOI Saral Salary Account Scheme


  • Nil Minimum Balance Requirement
  • Issuance free of cost ATM Cum Debit Card for all types of Rupay ATM cum Debit cards, Except Rupay Select cards
  • Free 25 Cheque leaves Per Quarter
  • Free 3 Demand Drafts/Pay Order ( up to Rs.50,000) per quarter
  • Share trading is Free for holdings up to Rs. 50,000/- and charge of Rs. 150 for holdings up to Rs. 2 Lakh.
  • 50% waiver of processing charges in Vehicle Loan, Home Loan & Personal Loan.
  • Concession in charges of lockers
  • Free RTGS/NEFT payment facility through branches/internet banking.
  • Free Star sandesh facility.


Group Personal Accidental Insurance Cover

  • Group Personal Accident Death Insurance of Rs 2 lakhs*
  • Air Accident Cover of Rs. 10 lakhs*

*Terms & Conditions apply. For further details, Please contact your Nearest Branch

Please note:

  • The Cover is Subject to settlement of Claim by the Insurance Company without any Liability to the Bank. The rights and liabilities of the insured shall be with the Insurance Company.
  • Bank holds the right to withdraw the facility at its discretion. A prior notice shall be given to all account holders covered in the scheme.
  • The Insurance Cover Benefits are over and above their own Organization’s Group Insurance Scheme


Instant Loan / Easy OD

Salary Advance as Easy Overdraft Facility(max 1 month)

Quantum:

  • One month’s net salary ( not to exceed Rs. 1 Lakh)

Subject to:

  • - Minimum one month’s Salary Credit in the Salary Account.
  • - Undertaking from employee/ employer

ROI:

  • As applicable to Star Personal Loan for the scheme
    Repayment within 30 days

Delegation:

  • Branch Head irrespective of Scale

Instant Personal Loan

Quantum:

  • Demand Loan of 6 months net salary (not to exceed Rs. 5 Lakh) to be repaid in less than 36 months.

Subject to:

  • Minimum CIBIL Score of 675
  • The proponent does not have any existing personal loan from anywhere else
  • Minimum three months’ Salary Credit in the Salary Account.
  • All other prevailing conditions of Star Personal Loan Scheme are to be complied with.
    Undertaking from employee/ employer

ROI:

  • As applicable to Star Personal Loan

Delegation:

  • Branch Head irrespective of Scale


  • Issuance of Rupay International card free of cost.
  • Utility Bills Payment Facility Through E-Pay
  • Assisted Online Filling of ITR through Bank’s website
  • Option of availing health insurance and Group Term insurance from existing tie-up partners
  • First issuance of Pass Book will be free

BOI-Saral-Salary-Account