SBI Salary Account: According to the official website of SBI, those with SBI salary account get exemption in personal loan, home loan, car loan, education loan etc.
A person doing a job is well aware of the Salary Account. They know that if they do not have a salary account, then they will not be able to get monthly salary. However, it depends entirely on the company in which bank they prefer to open a salary account of their employees, but those who have a salary account with State Bank of India (SBI), some advantages in addition to zero balance account. Which they cannot miss.
According to the official website of SBI, those with SBI salary account get exemption in personal loan, home loan, car loan, education loan etc. Apart from this, there are some other benefits that an SBI salary account holders should know and also tell those who have a salary account with SBI.
These 5 big benefits are available
1. Accident Death Cover – SBI salary account account holders get Accidental Death cover up to Rs 20 lakhs. Under this, if you die in an accident, then you will get an amount of 20 lakh rupees.
2. Air Accidental Death Cover- According to SBI website, in case of death due to air accident, SBI Salary Account Account holder gets an insurance of Rs 30 lakh under Air Accidental Insurance (Death) cover.
3. 50% rebate in loan processing fees – An SBI account account holder is entitled to 50% rebate on the processing fees of any loan like personal loan, home loan, car loan etc.
4. Overdraft facility – State Bank of India provides overdraft facility to its salary account holders. The largest commercial bank in the country gives two months salary to SBI salary account holders under overdraft facility.
5. Locker Charge Rebate – SBI offers up to 25% discount on locker charge to its salary account holders.
Apart from these, multi-city checks, SMS alerts, free online NEFT / RTGS to SBI salary account holders, free unlimited transaction facility in ATM of any bank.
