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Product Details
Bank Name
Bank of Maharashtra
Account Name
Bank of Maharashtra Supreme Payroll Account
Account Type
Salary
Interest Rate
2.75%
Free Debit Card
Free Rupay Debit Card
75.7
Account Opening Fees
No minimum amount stipulated.
Annual Maintenance Fees
Nil
Minimum Account Balance
The account can be opened with Zero balance
Debit Card Charges
Nil annual maintenance Charge
NEFT Charges
Free NEFT through internet banking facility .
IMPS Charges
Not mentioned
Fees and Charges
Bank of Maharashtra Supreme Payroll Account
Special Features
Free NEFT through internet banking facility .
Eligibility Criteria
Employees of Central Govt., State Govt., Central / State PSUs, and Corporates having Salary
payment arrangement with bank.
Benefits
Features, Eligibility and Benefits
Pros & Cons
Pros
Free Rupay Debit Card,Nil annual maintenance Charge
Cons
Very low interest rate
Bank of Maharashtra Supreme Payroll Account
The account comes with low interest rate and offers minimal value add features.
Abhijeet Saxena
Abhijeet Saxena
Nalsar University of Law
Ex- Senior Associate, Shardul Amarchand Mangaldas, Delhi
Ex - Khaitan & Co. Bengaluru,
Ex - National Stock Exchange, Mumbai,
Ex - Argus Partners, Mumbai
Product Review
Account Opening and Procedure
How to open an Account?
Application Procedure
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