• Employees of State/Central Govt., Public Sector Undertakings, Autonomous
  • Bodies & reputed Private Institutions.
  • Minimum AMB of Rs 5000.

Charges for non maintenance of the minimum Average Monthly Balance

  • Rs 25 plus GST per Rs 100 of the shortfall or part thereof from Average Monthly Balance Requirement OR ₹ 1250/- per month + GST, whichever is lower
  • Free cash withdrawals over the counter: 30 withdrawals per half year.
  • International Debit Card issued with  ATM withdrawal limit of Rs 1.00 lac /day & PoS transaction limit of Rs 1.50 lacs/day.
  • Free e-banking / m-banking facility.
  • Interest compounded quarterly and calculated on daily products.
  • 20 Cheque leaves free per year. (25 Cheque leaves for Senior Citizens).
  • Temporary Overdraft facility equivalent to 50% of net salary subject to maximum of Rs. 20000/-(Maximum Period 1 month).
  • Nomination facility available.
  • Application Form duly filled in
  • Photograph of depositor/s (2 copies)
  • Officially Valid Documents as  per KYC Norms
  • PAN Card or Form 60 or 61
  • Authorization & Introduction from the concerned Drawing Disbursing Officer (DDO).
  • Identity proof issued by the Employer.

Who can open a Deluxe Salary Account with J&K Bank?
Deluxe Salary account can be opened by employees of State/Central Govt., Public Sector Undertakings, Autonomous Bodies & reputed private Institutions.
FAQ

What is the minimum Average Quarterly Balance required to be maintained?
Minimum AMB is Rs 5000.

What are the benefits of the Deluxe Salary Account?

You can avail the following benefits:

  • Free cash withdrawals over the counter: 30 withdrawals per half year.
  • International Debit Card issued with  ATM withdrawal limit of Rs 1.00 lac /day & PoS transaction limit of Rs 1.50 lacs/day.
  • Free e-banking / m-banking facility.
  • Interest compounded quarterly and calculated on daily products.
  • 20 Cheque leaves free per year. (25 Cheque leaves for Senior Citizens).
  • Temporary Overdraft facility equivalent to 50% of net salary subject to maximum of Rs. 20000/-( Maximum Period 1 month).