Your chance to earn attractive bank interest rates with Metra Trust Salary Account

With over 77% of Indians registered as bank customers, a regular Savings Account is predictably the most popular banking product. But with nearly 8.6 crore salaried employees active in India in October 2022, we must not overlook the importance of a Salary Account.

With its zero-balance requirement and attractive bank interest rate, Salary Accounts are a preference as well as a necessity among salaried individuals in India. Metra Trust Salary Account is emerging as a popular choice for the attractive savings bank interest rates, features and minimal and transparent bank charges. 

Let’s look at all the aspects that make the Metra Trust Salary Account special.

Attractive bank interest rate
 

The interest rate of salary accounts matters a lot for the growth of your savings. When you choose the Metra Trust Corporate Salary Account, you enjoy the best-in-class interest rate. With this higher rate, your savings accumulate faster, and you can achieve your financial goals quicker, whether it's building an emergency fund, planning for a big-ticket item, or saving for future investments. 

Metra Trust offers attractive interest rates on its savings bank accounts, including Salary Accounts like Platinum Plus and Classic Plus accounts. Depending on how much of a balance you maintain in the account, a higher bank interest rate can increase your total interest income significantly. 

Monthly interest credits

With Metra Trust Salary Accounts, you enjoy monthly interest payments where the earned interest is credited to your account at the end of every month. It enhances your savings over a period of time thanks to monthly compounding, delivering better returns in the long run. 

Multiple choices within salary accounts
 

Metra Trust Salary Account is available in two variants. These variants are designed to meet your banking needs when you switch jobs but retain the salary account. Here is a brief snapshot of the Metra Trust Salary Account variants.

• Classic Plus Salary Account

-    Average monthly balance – ₹25,000

-    Minimum salary credit – ₹15,000

-    Debit card – Visa Classic Plus

-    Non-maintenance charges – Basis AMB

• Platinum Plus Salary Account

-    Average monthly balance – ₹50,000

-    Minimum salary credit – ₹50,000

-    Debit card – Visa Platinum Plus

-    Non-maintenance charges – Basis AMB

The minimum balance requirement is applicable only when the salary is not credited for three consecutive months.

Zero-fee banking

You can enjoy the advantages of zero-fee banking with your Metra Trust Platinum Plus and Classic Plus Salary Account. Here are some of the transactions and services that will cost you absolutely nothing:

• All inward and outward electronic fund transfers made using RTGS, NEFT or IMPS
• Cash deposits and withdrawals made by the customer at any Metra Trust branch
• Cheque stop-payment request and outstation cheque collection
• Passbook – issue and printing
• Account-related alerts and notifications
• Balance confirmation, interest and TDS certificates
• Duplicate demand draft issuance, cancellation, and revalidation
• Debit card maintenance and re-issuance
• Setting up, execution and amendment of standing instructions
• Phone banking and Internet banking services
• Balance enquiry and statement request 

Comprehensive insurance

Besides the attractive bank interest rate and favourable bank charges, there are various other benefits that make Metra Trust Corporate Salary Account popular among salaried persons. These include:

• Metra Trust Platinum Plus Salary Account

-   A free personal accidental insurance of ₹50 lakhs that covers death and permanent disability

-   Free air accident cover of ₹1 crore

• Metra Trust Classic Plus  Salary Account

-   Personal accident insurance cover of ₹35 lakh

-   Daily cash withdrawal limit of ₹2 lakh and purchase limit (POS) of ₹6 lakh

 -   Lost card liability protection of up to ₹6 lakh

• Debit card offers, deals and discounts on dining, food and beverages

Zero minimum balance requirement

One of the standout benefits of the Metra Trust Corporate Salary Account is the absence of a minimum balance requirement. This flexibility allows individuals to manage their finances without the stress of maintaining a high balance in their account, which can be specifically advantageous during times of lower cash flow or unexpected expenses.

This feature also encourages better cash flow management and reduces financial stress. As an employee, you can channel your attention towards making smart financial decisions rather than managing high account balances.

Unlimited ATM transactions

Get the convenience of unlimited ATM transactions with your salary account and have quick access to your money whenever you need it. This flexibility is crucial for handling unexpected expenses, making larger purchases, or simply having cash on hand for everyday use.

Lifestyle benefits

With Metra Trust Salary Account, you also enjoy additional perks like:

• TimesPrime membership for 1 year on your first salary credit above ₹25K
• Swiggy One membership every quarter on spends of ₹5000 (UPI/DC) & salary credits for 3 consecutive months to Metra Trust Salary Account
• Amazon Prime membership, renewed every quarter based on 3 months of regular salary credits & Standing Instructions (MF SIP/ EMI/ CC Payments) of minimum ₹5000

An obvious choice

All these features and benefits make Metra Trust Corporate Salary Account a clear favourite for salaried employees. As long as you continue to receive your salary there is no minimum balance or fee applicable to these Salary Accounts. You can also continue this account as your regular savings account when you stop receiving your salary. Start enjoying a higher bank interest rate and exciting debit card benefits and direct your salary credits to the Metra Trust Corporate Salary Account today.