Salary Cards

  

 

Corporate solutions for salaries!


No more unnecessary paper work.

Requirements:

Organisations should have an account with Exim bank.

Salary card bares a zero balance in the time of opening

At the end of the month or on the salary day the company has to provide salary details in the prescribed format provided by Exim bank, along with the standing instruction letter to debit the company's account and credit the salary to employees accounts respectively.

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SALARY CARDS


Paying salaries at the end of every month is time consuming and involves a lot of paper work.
Nevertheless employees request for time-off for collecting their salaries from the Banks is unmanageable.
With this in mind Exim bank introduced "Salary Cards" Salary cards are debit cards issued to employees of organisations or companies. Such organisations can save the paper work related to payment of salaries by sending a cheque of the total salaries for the employees along with a list of amounts to be paid to each employee in a soft copy. The amount will be credited to the respective accounts and the employees can withdraw the amount through our vast network of ATMs throughout the country.


Simplified payments with Salary cards


Benefits

  • Reduces the stationery cost incurred by the company at the end of every month.

  • Reduces the man-hours that the company personnel would put in every month in preparing salary statements.

  • Reduces the risk of theft of money in transit, which need to be withdrawn from the bank every month for salaries distribution.

  • Eliminates the leave/break taken by the staff every month to make transactions within the banking hours, as ATM facility is available 24 hours.

 
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