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Bank Of India Account Scheme

Bank Of India Introducing Salary Plus Account Scheme

Posted on September 18, 2021September 18, 2021 by Shilpa Gupta

Since March 2021, things have turned out tougher than ever. It has influenced the lives of everyone. Everyone is overwhelmed financially and emotionally. As per reports and research data, the Indian economy is also hurt. 

To overcome the financial crisis of every individual, banks are launching new schemes. In this series of financial instruments, BOI has come forward and launched an impressive Salary Plus Account Scheme. It will offer good deals to all the BOI account holders, government employees, and paramilitary force servicemen. This scheme of BOI will facilitate the private sector employees to have an in-hand salary of 10000.

Just go to the official site for further scheme details. 

As per the BOI’s Salary Plus Account Scheme, an individual who comes from the paramilitary force or government sector can access the accidental death coverage of 30 Lakhs at no cost. Also, they can access 1Crore free air accident coverage too.

Employees who have accounts in BOI will be able to access 5 Lakh rupees insurance coverage. BOI officially stated this information on the social media platform, Twitter. They have shared the scheme feature for paramilitary forces, state/ central government, and private sector employees.

To access the benefits of the Salary Plus Account Scheme, you don’t have to keep a share of the minimum balance in your account.

  • Scheme benefits for Government servicemen:

They can access overdraft facilities, worth up to 2 Lakhs. 

Avail of the benefits of the Salary Plus Account Scheme with Gold International Credit Card.

All the customers may crack the discounted deals on car loans and home loans.

The customer holding a Platinum Debit card is able to withdraw a max of 50,000 and for POS the amount is double(1 Lakh) without any additional cost.

  • Scheme benefits for Private Sector servicemen:

If the account holder’s in-hand salary is 25,000/month then the bank will provide you a Platinum debit card.

If you calculate the salary on a quarterly basis then the account holder’s earning 1,00,000 is eligible to have Platinum Debit Card.

Customers are also eligible to access the discount of 50% on processing charges for personal loans.

Shilpa Gupta

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