An ideal for every employer and employee, Saraswat Bank’s Akshay Salary Scheme offers a host of premium services. An account that affirms no restriction of minimum balance, it also gives access to a whole gamut of banking services.

Minimum Balance:

  1. Nil


  1. Zero balance account
  2. 20 cheque leaves free per financial year. Thereafter Rs. 4/- per cheque leaf. 
  3. No AMC on issuance of Rupay / Visa Debit Card for 1 year.
  4. Free Internet banking and Mobile banking facility.
  5. NEFT/ RTGS transactions  (online/ branch) are free.
  6. Easy Loan up to Rs. 2 lakh under our Multipurpose Loan scheme with an interest concession of 0.5% on the applicable rate. (t& c apply)


  1. Individual salaried up to the age of 55.
  2. Net monthly salary to be above Rs.15000/-
  3. Permanent employees of reputed organizations of companies, Multi-national companies listed on  Stock Exchange, employer from State Government or Central Government Departments, statutory or regulatory bodies, public sector undertakings, scheduled commercial banks, financial institutions .

Interest Rates:

  1. 3% p.a on quarterly rest 

Service Charges:

  1. ATM transaction:
     Saraswat Bank ATM-First 5 financial transactions per month are free . Thereafter Rs 10/- +GST per financial transaction. No charges for Non Financial ATM transactions.
     Other Bank ATM- First 3 transactions in Metro and 5 transactions in non-metro including financial and non-financial are free per month. Thereafter Rs 20/- + GST per financial transaction and Rs 10/- + GSTper
     non-financial transactions would  be applicable

  1. Non-maintenance of minimum AQB balance (per quarter) - 

  1. Account Closure - If the account is closed
      - Within 6 months - Rs.200/- Plus Rs.5/- per unused cheque.
      - Within 1 year- Rs 150/- Plus Rs.5/- per unused cheque.

Click Here for other Service Charges


Click here to download KYC documents submission requirement.