https://canarabank.com/Platinum.aspx
CANARA PREMIUM PAYROLL PACKAGE – PLATINUM
Eligibility
All employees of a firm / company with minimum 5 employees.
Age – 18 to 65 years
Salary Band –Rs. 150000/- & above
Minimum Balance Requirement
NIL
Nature of Account
Payroll Account
Value Added Features
Free Term Life Insurance
Rs. 6 lakh at free of cost
Free Personal Accidental Insurance (PAI)
Rs. 54 lakhs(incl. Rupay select Debit Card coverage)
For Spouse – Rs. 2 lakhs under Rupay select Debit Card
Free Air Accidental Insurance (AAI)
Rs. 58 lakhs (incl. Rupay Select Debit Card coverage)
For Spouse – Rs. 4 lakhs under Rupay select Debit Card
RTGS/NEFT/IMPS
Free unlimited
SMS
Free
Demand Drafts
Free unlimited to the extent of average balance available in the account.
Cheque Book facility
Free 200 cheque leaves/annum
Debit Card – Rupay Select Card
Free Issuance with Accidental Insurance coverage for Death:
Cash Withdrawal / day - Rs.1,00,000 per day
POS Limit/day - Rs.5,00,000 per day
NFC(Contactless)/day - Rs.25,000 per day
Debit Card transactions:
Free unlimited transactions at our Bank. At other Banks – 3 at Metro & Urban Centres
5 at Semi Urban & Rural Centres.
Lounge access:
2 per Quarter(54+ Domestic Airport Lounges)
2 per year (500 + International Airport Lounges)
Baggage Cover – Rs. 25000/-
Purchase Protection Cover - Rs.25000/-
Discounts/offers on various e-com sites, OTT etc.
Credit card
Free issuance & Annual Maintenance Charge.
Concession on locker Rent
15 % waiver
Locker Operations
Unlimited free
TOD ( One salary credit is mandatorily)
3 months net salary up to – Rs. 3 lakh
TOD facility is available in ai1 & at Branches as well.
Processing Charges on Retail Loans
75% concession in processing charges.
Personal Loan
Personal Loan facility is available with Competitive ROI.
Special Feature
Free Zero balance Family Accounts (Spouse+ 2 Children).
DEMAT account
Available with Online Trading Account.
Portability
Portability from variant to variant under Premium Payroll Package Scheme shall be allowed after one year of account opening only.
Application and Documents
Ø Application in the Banks’ prescribed form.
Ø Proof of Photo ID and address as per KYC Norms.
Ø Specimen Signature Card.
Ø Photographs of depositor’s.
Ø Salary Mandate from the employer for the credit of salary to the Canara Payroll Package account is required