Product Details
Bank Name
CSB Bank
Account Name
CSB Corporate Salary Accounts
Account Type
Salary
Interest Rate
Up to and including Rs 1 Lakh-2.10%,Up to and including Rs 25 Lakh-2.75%
Free Debit Card
RuPay Platinum Debit Card
Account Opening Fees
0
Annual Maintenance Fees
0
Minimum Account Balance
0
Debit Card Charges
NIL
NEFT Charges
Free through net banking.
IMPS Charges
Free through net banking.
Fees and Charges
CSB Corporate Salary Accounts
Special Features
Zero balance accounts
Complimentary airport lounge access (once per quarter).
Complimentary personal accidental & disability insurance of ₹2 lakhs.
Debit card offers: 10% off up to ₹1000 on minimum booking value of ₹5000 from MakeMyTrip (MMT), once per year, max discount:₹1000, flat ₹200 off on a minimum of two ticket bookings from BookMyShow, once per quarter, 20% instant discount up to Rs 100 on recharge/bill payments (minimum order value of Rs 129, once per month) on Amazon Pay. 20% instant discount upto Rs 100 with minimum order value of Rs 129 (Once a month, on Fridays only) on Swiggy.
Eligibility Criteria
Benefits
Features, Eligibility and Benefits
Pros & Cons
Pros
Complimentary airport lounge access (once per quarter).
Free RuPay Platinum debit card.
Free NEFT/RTGS transfers (online).
Cons
Low interest rates.
Eligibility criteria is not mentioned clearly.
Application Procedure
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Product Review
Account Opening and Procedure
How to open an Account?
To open a CSB Corporate Salary Account, your employer must have a salary account relationship with CSB Bank. Here's a general overview of the process:
1. Employer's Role:
Establish Relationship: Your employer needs to establish a salary account relationship with CSB Bank. This usually involves discussions with the bank regarding salary disbursement requirements, employee benefits, and other relevant aspects.
Employee Data: Your employer will collect necessary information from employees, including personal details, bank account information, and other relevant documents.
2. Employee's Role:
Provide Information: You may be required to provide certain documents to your employer, such as:
Proof of Identity: Aadhaar Card, PAN Card, Passport, Driving LicenseProof of Address: Voter ID, Ration Card, Utility bills (electricity, water, gas)
Recent Passport-sized Photographs: 2-3 copies
Account Activation: Once your employer initiates the salary account opening process with CSB Bank, your account will be activated. You will receive your account details, including your account number, debit card, and cheque book.