Learn more about the TMB Classic Salary Savings Bank Account from TMB.
TMB has enhanced the service offerings under its Salary Account, the classic salary savings banks account is being launched with the following features:
To offer an attractive Savings Bank Account to salaried employees to have their salary credited.
Employees of State / Central Government, PSUs, Semi-Government Organisations, Urban Development Authorities, Educational Institutions, Universities, Charitable institutions, Trusts, Multi-National Companies, Public Limited Companies, Selected Private Limited companies, all SME classified accounts and partnership firms.
Minimum 18 years.
Minimum Take Home Salary
Rs. 5,000.00 per month.
Minimum number of employees
Minimum number of accounts to be opened should be 10.
Initial deposit and minimum balance requirement
Free passbook. Duplicate pass book will be charged as per our Service Charge booklet.
One cheque book of 20 leaves in a year free. Rs. 2.00 per leaf thereafter.
Free SMS Alert Facility.
Free India Card [Conditions apply] [Joining fee waived and Free Annual Charge for 1st year].
Free ATM Card.
Free for both debit and credit transactions.
Free for inward transactions.
50% discount on AMC - First year only ; Facility for off-line trading of shares.
Sweep will be carried out if the balance in SB account exceeds Rs. 10,000.00 in multiples of Rs. 5,000.00. Funds should be deposited in fixed deposits for a period of 46 days. If the SB account is out of funds and any cheque for payment is presented, the balance in the deposit will be taken first on the basis of LIFO in units of Rs. 5,000.00
Demand Drafts / Local Drafts
Free 2 Demand drafts / Local Drafts drawn on our bank branches not exceeding a value of Rs. 10,000.00 per month. No carry over.
Intra-city Payment facility
Free. Cash withdrawal and remittance restricted to Rs. 50,000.00 per day.
No Folio Charges / Transaction charges.
Free monthly e-mail statement on request.
The accounts should be fully KYC compliant account.
Most Important Terms & Conditions governing SB Account Operations: