Special Salary Package for the employees of Central Government, State Governments, Boards, Corporations, Autonomous Bodies and other associated entities

• Union bank of India has designed a special comprehensive salary package which caters to all the requirements of a salaried customer viz. Savings Account, Cheque Books, Electronic Fund Transfer through NEFT/RTGS/IMPS, ATM cum Debit Card, Credit Card, Locker facility, attractive Home loan, Car loan/2-wheeler loan, Personal loan, overdraft facility and many more value added facilities......
• These salary package is a must have product for the salaried employees belonging Central Government & its various ministries, State Government & its ministries, Boards, Corporations, Autonomous Bodies and other associated entities.
• The special salary package will contain benefits under two variants –
• For the employees having net salary up to Rs.50,000/- per month
• For the employees having net salary above Rs.50,000/- per month

The features of the special salary scheme are as under:

1. Special Union Super Salary Account:

Facility	Net Salary up to Rs.50,000/-p. m	Officers Net Salary above Rs.50,000/-p. m
Zero Balance Savings Account facility	Yes	Yes
Faster Account Opening	Through Tabulous Banking Facility (At select centres only)
Multicity Cheque Books	Unlimited Free	Unlimited Free
Fund Transfer (NEFT/RTGS)	Unlimited Free	Unlimited Free
Transaction between all Union Bank Accounts	Unlimited Free	Unlimited Free



2. ATM cum Debit with various value added features:

Facility	Net Salary up to Rs.50,000/-p. m	Officers Net Salary above Rs.50,000/-p. m
ATM cum Debit Card	RuPay Classic Debit Card with Name	RuPay Platinum Debit Card with Name
Daily ATM withdrawal Limit	25,000	40,000
Daily Point of Sales limit	25,000	60,000
Total Daily Limit (ATM+POS)	50,000	1,00,000
Annual Maintenance Charge	Waived if AQB of 5,000 is maintained
Transactions at ATM	03 & 05 Free at other Bank ATMs (Metro & Non Metro) while 08 Free at Union Bank ATMs.
Add on Card for Spouse as Joint Account holder	Free (Undertaking to be obtained that it will be at his risk and Responsibility)
Personal Accidental Insurance Cover	Rs.2 lakhs for primary account holder & Rs.1 lakh for secondary account holder. Debit Card must be used at least in 45 Days.
Usage Offer & Value Added Services	As offered by NPCI	As offered by NPCI



3. Locker facility

Facility	Net Salary up to Rs.50,000/-p. m	Officers Net Salary above Rs.50,000/-p. m
Preferential allotment of lockers & concession in rent	Allotment depending upon availability & rent as per the existing  service charges of the Bank	Preferential allotment and 10% waiver in locker rent for the 01st year.



4. Credit Card facility:

Facility	Net Salary up to Rs.50,000/-p. m	Officers Net Salary above Rs.50,000/-p. m
Credit Card Type	Credit card to be provided based on the eligibility	Signature Credit Card
Credit Limit		Rs.1 Lakh & Above
Accidental benefit other than air		Rs.6 Lakhs
Air Accidental benefit		Rs.10 Lakhs
Reward points on POS/e POS		04 reward points per Rs.100 spend
Other features		free domestic/International airport lounge access- twice in each quarter, provided by VISA.
Waiver of fuel surcharge		Waived for min fuel purchase of Rs.400 max purchase Rs.4000



5. Overdraft facility:

Particulars	Net Salary up to Rs.50,000/-p. m	Officers Net Salary above Rs.50,000/-p. m
Overdraft	As per Union Smile Scheme - 90% of the monthly salary, repayment by EMIs with a maximum repayment period of 3 months.



6. Home Loan/ Car Loan/ Two-wheeler loan/Personal Loan

Particulars	Net Salary up to Rs.50,000/-p. m	Officers Net Salary above Rs.50,000/-p. m
Processing charges on retail loans (Union Home/Union Miles/ Union Personal Loan)	50% waiver	100% waiver

Forms:

• For Resident Individuals
• Information of Applicant/Signatory
• Nomination Form
• For Other than individuals

Documents:

• List of Documents