In the process of enhancing value added products, Prabhu Bank has launched a scheme as ‘Employee Banking’ which is designed for payroll management of the various organizations which may be governmental or non-governmental institutions, firms, companies, corporate/business houses, NGO/INGOs, schools/colleges/universities, hotel/restaurants etc which are operating in a formalized way across the country.
 
Under this scheme, bank will offer various facilities in a package with discounted charges to the employees according to the category of organizations as per below:
 
S.N. Services Charge/ Concessions
Category A Category B Category C
1 Initial deposit (minimum balance) Nil Nil Nil
2 Visa Credit Card Free joining fee 50% discount on joining fee Rs 500 joining fee
3 Suplimentry Card for Spouse Free Free 50% discount in standard charge
4 Rupaiya Debit Card Free Free Free
5 Life insurance (if policy purchased through PBL) 15% discount on first year premium 15% discount on first year premium 15% discount on first year premium
6 DMAT account opening charge Free As per STC As per STC
7 Account Closing Charge Free Free Free
8 Locker (subject to availability) 50% discount in annual charge 50% discount in annual charge 50% discount in annual charge
9 Cheque Book Free Free Free
10 ABBS Charge Free Free Free
11 Standing instruction (per instruction) Free 50% discount in standard charge 25% discount in standard charge
12 Balance Certificate Free 50% discount in standard charge 25% discount in standard charge
13 Cheque certified as Good for payment Free Free 50% discount in standard charge
14 Account Statement Free Free Free
15 Online Banking Fee (e-banking) Free- Registration charge 50% discount in registration charge 25% discount in registration charge
16 Cheque Stop Payment Free 50% discount in standard charge 50% discount in standard charge
17 Draft Issuance Commission 50% discount in standard charge 25% discount in standard charge 25% discount in standard charge
18 Travel Card Issuance 50% discount in standard charge 50% discount in standard charge 50% discount in standard charge
19 Mobile Banking (m-wallet) 50% discount in standard charge 50% discount in standard charge 50% discount in standard charge