Salary Savings Account

Get your salary credited instantly with a Salary Savings Account from The Akola Urban Co-Operative Bank Ltd. — a zero-balance account exclusively for salaried employees, packed with free digital banking, a complimentary debit card, and a host of benefits at no extra cost.

Why Choose Our Salary Account?

Zero Balance Account

No minimum balance requirement — your salary account maintains zero balance with no penalties or charges.

Attractive Interest Rates

Earn competitive interest on your salary balance, helping your savings grow every month.

Free Digital Banking

Access your account 24x7 with free Internet Banking and Mobile Banking from anywhere in the world.

Free ATM / Debit Card

Get a complimentary ATM/Debit card with no issuance charges for cash withdrawals and online payments.

Free NEFT / RTGS

Transfer funds instantly with free NEFT & RTGS transactions via Internet and Mobile Banking.

Free Insurance Coverage

Avail complimentary personal accident insurance coverage as an added benefit with your salary account.

Features & Benefits

Zero minimum balance requirement
Attractive interest rate on daily balance
Free ATM / Debit Card (no issuance charge)
Free Internet Banking & Mobile Banking
Free NEFT / RTGS / IMPS fund transfers
Free 30 cheque leaves per year
SMS & email alerts on all transactions
Monthly e-statement of account via email
Free personal accident insurance coverage
Free passbook for all account holders
Overdraft facility up to 2 months' salary
Nomination facility available
Any-branch banking across all AUCB branches

Eligibility & Documents Required

Who Can Open?

Salaried employees of any recognized organization
Government / Semi-Government / PSU employees
Employees of private companies, MNCs & IT firms
Institutions requiring bulk salary disbursement (minimum 10 accounts)

Documents Required

Duly filled Account Opening Form
Latest passport-size photograph
PAN Card
Valid Identity Proof (Aadhaar / Passport / Voter ID / Driving License)
Valid Address Proof (Aadhaar / Utility Bill / Passport)
Latest salary slip / appointment letter from employer
Introduction by existing account holders of the Bank

Special Corporate Benefits

Zero-balance account for all employees
Doorstep account opening facility for bulk enrollment
Dedicated relationship manager for corporate clients
Direct salary credit integration with employer's payroll

Salary Overdraft Facility

Running short before your next payday? Our Salary Overdraft Facility gives you instant access to funds — up to 2 months' salary — with flexible repayment options. No separate application needed; it's linked directly to your salary account.

Eligibility: Salaried employees with salary credited for at least 3 consecutive months into AUCB Salary Account.
Limit: Up to 2 months' net salary, subject to bank's credit assessment.
Interest: Charged only on the utilized amount at competitive rates. No processing fee.

Salary Account for Organizations

Corporate Salary Account

For companies and organizations with 10+ employees. Enjoy bulk account opening, doorstep service, and a dedicated relationship manager for seamless salary disbursement.

Open Account

Individual Salary Account

For individual salaried employees joining a new organization or switching their salary account. Quick activation with minimal documentation.

Open Account

How to Open a Salary Account?

Step 1

Request your employer to connect with AUCB for bulk salary account setup, or visit your nearest branch individually.

Step 2

Submit the Account Opening Form with KYC documents and latest salary slip or appointment letter.

Step 3

Account is activated instantly. Start receiving your salary directly into your new AUCB account.

Want to switch your salary account to AUCB? Contact us for a seamless transition.