Salary Silver Account

A feature-rich account designed to suit the financial needs of salaried professionals

Personal Banking > Deposits Saving Account > Salary Silver Account

Presenting a powerful Savings Account with in-built Insurance and Auto FD Investment features, combined with more value additions to provide you with a fulfilling banking experience.

Key Features

  • Employer Benefits
    • A single-step Salary Upload Facility
    • Dedicated Relationship and Service Managers
  • Employee Benefits
    • Complimentary Personal Accidental Death Cover*
    • Free RuPay Platinum Debit Card with exciting offers
    • Auto investment into Fixed Deposit for higher returns*


  • Free Insurance Cover
    • Personal accidental death cover of INR 5 Lakhs sponsored by SVC Co-operative Bank Ltd. and underwritten by Aditya Birla Health Insurance Co. Limited (T&C apply)
  • ATM-Debit Card Features:
    • Free card issuance
    • Waiver of Debit Card annual charges
    • Cash withdrawal limit – INR 50,000/-
    • Ecommerce and Point of sale (POS) limit – INR 50,000/- each
    • Free unlimited transactions on SVC Bank ATMs
    • 10 free transactions on other Bank ATMs
    • Airport Lounge access*: 2 free International (per annum) and 2 free domestic (per quarter) airport lounge access
    • 24/7 access to Concierge Services*
    • Complimentary Personal accidental death cover of INR 2 Lakhs from RuPay Platinum Debit Card*
  • Auto Investment into Fixed Deposit
    • Account balance in excess of INR 60,000/- per week, will be auto invested into a Fixed Deposit (365 days) in units of INR 25,000/- for higher returns (on customer’s request)
  • Reimbursement Account
    • Zero-Balance Re-imbursement Account linked to Salary Account. Facility available upon customer’s request
  • Loan benefits
    • Preferential ROI on Retail Loans
    • Attractive discounts on Retail Loan Processing Fees

Additional Benefits

  • Cheque Book - 50 cheque leaves free per annum
  • Free NEFT/RTGS Transactions online and at Branch premises
  • 5 DD/Pay Order free per month, upto INR 50,000/-
  • Free SMS Alerts
  • Free Email account statements
  • Free cash withdrawal at base Branch
  • Cash withdrawal at other SVC Bank Branches – INR 25,000/- per day
  • Free cash deposit at any SVC Bank branches
  • Waiver on Demat account opening fees
  • 50% Waiver on annual maintenance charges of Demat Account


  • Organization needs to have minimum 10 employees with a Salary upload of INR 1.50 lakhs per month and average salary of INR 15,000/- per month

Required Documents

  • Account Opening Form
  • KYC Documents – Proof of Identity, Proof of Address, and Employee Card
  • Salary Silver Account Declaration

*Debit Card Terms & Conditions apply. Please note all these facilities are provided by RuPay and are available only on RuPay Platinum Debit Card. For more information, visit

To know more about Interest Rate, click here