BOC promotes Smart Salary Saver

• Specialised product offers novel features and digital value to salaried employees and professionals

Surpassing the traditional benefits regular customers have availed themselves, BOC has introduced its Smart Salary Saver, a product with a series of novel features and digital value additions, to salaried employees and professionals. 

Offered to permanent employees across government, semi-government, and private sector institutions, BOC’s specialised account is set to offer unmatched value to a wide range of employees and professionals with its one-of-a-kind product features. The offer is ready for those employees with a remittance of a proven monthly take-home salary of Rs. 25,000 minimum. 

The initial deposit is Rs. 2,000, however, there is no monthly fee or service charge thereafter. One of the main benefits includes an instant salary advance of up to 90% of your monthly take-home salary, investment of additional funds daily in a Fund Management account with a return, retaining a balance of Rs. 10,000 in your Smart Salary Saver account for day-to-day expenses. (Conditions apply)

A BOC customer with a Smart Salary Saver account can enjoy the salary advance facility, after his or her salary is credited to the account for three consecutive months. The salary advance is offered for six months, during which period the repayment is made through monthly salary remittance on a revolving basis.

The Smart Salary Saver account has access to an equally attractive range of digital features such as ‘B App’ mobile banking facility, BOC SMART Online Banking and the SMART Pay QR-based payment App bundled to the offer, as essential to ensuring career progress by enabling convenience across various aspects of life.  

Account holders are offered an NFC-enabled electronic card, allowing customers to carry out e-commerce and other digital transactions with ease. 

The use of the Smart Salary Saver account also carries benefits such as SMS alerts plus e-statements, to keep track of finances digitally on the go. Its functionality is augmented through the offering of BOC’s Smart Passbook, an innovation which offers the benefit of a traditional passbook or current account statement, in digital form. It allows customers to view account balances and remain abreast of transactions. 

BOC’s Smart Salary Saver product, a fresh offering with a range of professional-specific digital features, is geared to providing convenience to customers, ensuring quick, simple, and accurate fund management, payment ability, plus transaction tracking. The product, therein, will create considerable opportunities to advance oneself professionally and enable career growth.