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  • KBL Salary Privilege Savings Account

    Savings Account
    • Instant money transfer
    • 24x7 ATM withdrawals
    • Attractive rate of interest

    Overview of KBL Salary Privilege Savings Account

    Salary accounts are a great way to manage our monthly earnings. Karnataka Bank Limited introduces the KBL Salary Privilege Savings Account for all individuals who are employed with a reputed organization and draw a regular / monthly salary. This account comes with a host of special features and services which will help you maximize your savings and also manage your finances in a convenient manner.

    This KBL Savings Account is a ‘zero minimum balance’ account which offers multi branch facility to account holders. Some of the features and services provided with this savings account include inter bank fund transfer via NEFT / RTGS, internet banking facility, cheque book facility, SMS alert facility to keep track of account activity, International VISA debit card, free monthly e-statements, demand draft facility, cash deposit and withdrawal, among a host of other features.

    Bank Karnataka Bank Limited
    Category KBL Salary Privilege Savings Account
    Minimum Balance Requirement This account is a zero minimum balance account.
    ATM / Debit Card Account holders will be issued a Money Plant VISA International Debit Card.

    Features of KBL Salary Privilege Savings Account

    Multi-city Cheque facility This account provides multi-city cheque facility
    Online Fund Transfer (NEFT / RTGS) Transfer funds easily between different banks via NEFT or RTGS.
    Fund Transfer (within bank) Account holders can make fund transfers within the bank up to a specified limit, free of charge.
    Internet Banking facility Internet Banking facility is available.
    Demand Draft facility Account holders can purchase demand drafts from any Karnataka Bank Limited branch.
    Cheque book facility Cheque book facility is available.
    SMS Alert facility SMS alert facility is provided free of charge.
    Statement of Account Account holders can keep a track of their account activity with the help of e-statements which will be provided, free of charge.
    Cash Deposit & Withdrawal Customers can make cash deposits and withdrawals at any KBL branch.
    Collection of Cheques Fast collection of cheques. Account holders can deposit cheques at any KBL branch.

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    GST of 18% is applicable on all banking products and services from July 1, 2017 onwards.

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