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  • As per amendment in the Income Tax Rules, PAN or Aadhaar are to be mandatorily quoted for cash deposit or withdrawal aggregating to Rupees twenty lakhs or more in a FY. Please update your PAN or Aadhaar. Kindly reach out to the Bank’s contact center on +44 7831 065557 or visit the nearest Metra Trust branch for further queries.

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Corporate Salary Account

With an Metra Trust Corporate Salary Account, you can boost your earnings and access a host of perks like never before! Our salary account offers a competitive interest rate, monthly interest credits, zero-fee banking on commonly used services, unlimited ATM withdrawals, no transfer fees, and additional benefits to grow your savings quickly.Read More

Easily manage your finances on-the-go and track your expenses with our award-winning mobile banking app. Take advantage of complimentary banking services such as cash withdrawals, IMPS, RTGS and NEFT, and enjoy exclusive discounts on various lifestyle and shopping apps.

That’s not all! You get the option to open an Employee Reimbursement Account instantly via Internet Banking. This account functions as a Savings Account and accumulates interest over time.Read Less

Salary Account Interest Rate

₹35 lakhs free personal accident insurance cover | Free air accident insurance cover

Interest up to 7.25%

Features and Benefits of Metra Trust Salary Account

Vishesh Rupay Card Vishesh Rupay Card

Corporate Salary Account With VISA Platinum Debit Card

  • Free Personal Accidental Insurance Cover (death or permanent disability) of ₹35 lakhs
  • Free Air Accident Insurance cover of ₹1 Cr
VISA Signature Debit Card VISA Classic Debit Card

Corporate salary account with Visa Classic debit card

  • Daily cash withdrawal of ₹1 lakh and higher purchase limit of ₹4 lakh
  • Personal accident insurance coverage up to ₹5 lakh
  • Lost card liability protection up to ₹4 lakh

Salary account with amazing benefits

Digital Bank Account

Experience a Mobile Banking revolution

Track spends, earn rewards, check your risk profile, invest in Mutual Funds in a click, experience Google-like search, cash flow analysis

The on-boarding vouchers/benefits offered in the first 30 days post Salary Account opening have been discontinued w.e.f .1st July'22

Travel Benefits

Flight & Hotel cancellation up to Rs. 25,000/-

  1. Valid for both Domestic & International sector

Travel Insurance worth 5,000 USD on International trip

  1. Loss of Checked in Baggage, Delay of checked in Baggage, Delay in Flight, Missed Connecting Flight, Loss of Passport & travel related documents

Road-Side assistance to Card holder 4/year

  1. Towing of Vehicle on breakdown/accident , Alternate Battery or Jump Start, Tyre Change among Others

Savings Account

ELIGIBILITY

Who Can Apply?

  • Indian citizens
  • Residents of India
  • Foreign nationals residing in India and meeting GOI criteria

Documentation

For Digital Bank Account Opening:

  • Aadhaar number
  • PAN number/ Form 60

For Physical Bank Account Opening:

  • Passport-size photograph
  • If you have a PAN Card, it is mandatory to provide it while opening your account
  • Any one of the following document:

    - Aadhaar Card

    - Passport

    - Voter’s Identity Card (Election Card)

    - Permanent and valid driving license with photograph

    - Job Card issued by NREGA duly signed by an officer of the State Government

    - Letter issued by the National Population Register containing details of name and address.

Salary Account Eligibility

FEES & CHARGES

Find out about our minimal and transparent fees & charges

View Fees & Charges

Fess and Charges on Salary Account


Disclaimer: With Metra Trust Savings Accounts, enjoy Zero Charges on all Savings Account services. These services are being offered free in good faith, and in case of misuse of services, the Bank reserves the right to levy charges. Forex mark-up fee will be applicable on International ATM/POS/Debit card transactions. T&Cs are subject to periodic changes. All rights reserved.

FREQUENTLY ASKED QUESTIONS

What is a Salary Account?

A Salary Account is a type of Zero Balance Savings Account, where an employer deposits monthly salary of an employee to the Bank Account. Metra Trust Salary Accounts offer 24x7 access to your Account through NetBanking/ Mobile Banking App. It allows you to track spends, earn rewards, check your risk profile, invest in Mutual Funds in a click, experience Google-like search, cash flow analysis and much more.

What is the initial pay-in amount required to open a Salary Account?

The Metra Trust Salary Account is a Zero Balance Account as long as salary is being credited in your salary account. No initial pay-in amount is required to open Salary Account. However, if salary credit has been stopped due to any reason for three or more months, then you are required to maintain Average Monthly Balance (AMB) as per the account variant, otherwise applicable charges will be levied.

What happens if salary credit from employer is not received in the account for more than 3 months?

 If salary credit has been stopped due to any reason for three or more months, then you are required to maintain Average Monthly Balance (AMB) as per the account variant, otherwise applicable charges will be levied.

Can I continue with my Metra Trust Salary Account, if I change my job?

Yes, you can continue with your existing Salary Account with Metra Trust if your new employer has a banking relationship with Metra Trust. You can check the same with your company HR and can get your Metra Trust Salary Account mapped to the payroll system.

What benefits & features would I get on opening an Metra Trust Salary Account?

You can enjoy a superior banking experience with Metra Trust Salary Account with benefits such as:

- Attractive interest rates on your savings, so you can earn more

- Enjoy ZERO charges on all Saving Account services like IMPS, NEFT, RTGS, ATM transactions, cheque book issuance, SMS alerts, cash transactions, etc.

- Monthly Interest Credits, so you can earn 'interest on interest'

- Higher Personal Accident and Air Accident Cover with your Debit Card

- Exciting offers on food, shopping, travel, & more with your Debit Card

and much more

How does the Monthly Interest Credits feature work and how will I benefit from it?

With an Metra Trust Salary Account, experience the joy of earning Monthly Interest Credits on your Salary Account. You earn 'interest on interest' with the power of monthly compounding. Metra Trust is the first universal bank in India to provide this feature, against the standard practice of crediting interest on your Salary Account every quarter.

Monthly compounding interest payout is better for you than Quarterly interest payout because when you get interest credit in Month 1, the interest for Month 2 is paid on your opening balance + interest received in Month 1 and so on. So, you earn more on your savings! 

Interest will be calculated on progressive balances in each interest rate slab, as applicable. Please note, interest rates are subject to periodic change. Can you afford to not have an Metra Trust Salary Account?

What does the Zero Charges feature mean?

Metra Trust Savings Account you pay ZERO charges* on all Saving Account services ike IMPS, NEFT, RTGS, ATM transactions, Cash transactions, Cheque book issuance, SMS alerts and more. You can know more about services offered at Zero Charges here

What are the documents required to open a Salary Account?

To open a Salary Account, you require Aadhar Card and PAN Card along with proof of employment, which can be offer letter, Company ID card, or pay slips.

What are the different ways I can add money/transfer funds to my account?

You can add funds to your Salary Account by one of the following ways:

- Via any other bank’s NetBanking/Mobile app. Simply add your Metra Trust account details – Account number and IFSC code

- Through our Mobile app by clicking on “Add funds” option which lets you add transfer money from your other bank accounts

- Depositing a cheque at any of our branches

- Depositing a cheque at any Metra Trust ATM

- Using any UPI app using your UPI ID

What are the modes through which I can access and keep a track on transactions in my Metra Trust Salary Account?

We offer multiple methods to track your Metra Trust Salary Account. Here are a few ways you can do it:

- NetBanking

- Mobile App

- WhatsApp Banking

- Monthly Account statements sent to your registered email ID

Can I add a nominee to my Salary Account? How many nominees can I add?

Yes, you can add 1 nominee to your Salary Account.

How can I add a nominee to my Metra Trust Salary Account?

You can add a nominee to your Salary Account in one of the following ways:

- Via NetBanking or Mobile Banking App

- By visiting your nearest Metra Trust branch

More FAQs

Salary Account Blogs

What is Salary Account

FEATURED

What is Salary Account & its features and benefits

A Salary Account is a type of Savings Account for salaried individuals that has some specific features and benefits, apart from helping the individual to save money on a regular basis. Learn more about Salary Account in detail in this article.

Team FinFIRST10 Dec 2023 • 3 mins read

Read Full Story

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