FY18-1Q CONCALL TRANSCRIPT

MSME Salary Account

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CUB offers a wide variety of products / services to suit different categories of salaried individuals.

  • FREE CUB Net and CUB Mobile banking
  • Cheque Book, International Debit / ATM Card, SMS alerts and e-Statement facility
  • FREE Electronic Fund Transfer across CUB Accounts / NEFT / RTGS / IMPS
  • There is no restriction on the number and the amount of withdrawals from the account
  • General Purpose Prepaid cards are provided for salary disbursement for MSME / Corporate / Institutions.This is particularly suitable for salary payment to migrant work force. This card can be used for payments at merchant outlets.
  • Concessional Home loans, Auto loans and Personal loans
  • CUB will provide a single IFS code to MSME / Corporate / Institutions for salary disbursement
  • Loans at concessional rates to employees opening salary accounts
  • NO MINIMUM BALANCE required in the account
  • Nomination facility is available and recommended