Trust Payroll Banking offers a trusted, secure, and streamlined solution designed specifically for organizations and their employees. From smooth salary disbursement to provident fund (PF) management and comprehensive digital banking tools — we make your financial operations simple, efficient, and effective.
Account Opening & Maintenance
- Free first cheque book
- Free of charge VISA Dual Currency Debit Card
- No account maintenance fee
- No minimum balance required
- Zero Account Opening Balance
- Higher interest rate on payroll accounts
- Interest on payroll accounts calculated daily and credited monthly
Provident Fund (PF) Facilities
- Option to open PF accounts under the company name or individual employee name
- Interest Rate: 1% higher interest than the prevailing payroll account interest rate
- PF interest calculated daily and credited monthly
- Overdraft facility up to 90% of deposited amount
- Preferential interest rates on retail loans
- Loan against salary facility for employees
- Waiver of early settlement and loan processing fees
- Smooth fund transfers and salary disbursements through BEFTN and RTGS
- Unlimited cash withdrawals at any Trust Bank branch counter
- Free withdrawals from all TBL ATMs
- No charges on withdrawals at Q-Cash member bank ATMs
- Charge-free online transactions across all Trust Bank branches
- Dedicated team for a simple onboarding process
- Free access to Trust Money App and Internet Banking
- Instant debit card activation/deactivation via Trust Money App
- Online account opening for Fixed Deposit and Savings Scheme accounts
- Use of TAP – Trust Bank’s Mobile Financial Service
- Real-time transaction alerts via SMS & Email
- Welcome email for all new account holders
- Monthly e-statement via email
- Minimum of 8 employees required to open a payroll account
- Age 18 years and above
