Banif Bank said today that it had introduced a Salary Account with a wide array of benefits for all those who deposited their salary with the bank.

It said Banif Salary Account holders will receive a bonus interest rate on their current account and also enjoy preferential interest rates on one year standard term deposits. They also have the option to take up a Banif Savings Plan that gives an advantageous return on the monthly savings. Included in the package is also an optional Bill Payments Savings Account that can help them plan their finances and budget for their recurring expenses.

The package also includes a credit line with a daily flat fee for each day the credit lineis used; discounted interest rates on personal loans; and discounted processing fees on both personal loans and home loans.

Banif has also made available a credit card linked to this Banif Salary Account, which includes free travel and purchase protection insurances.

The Banif Salary Account also includes a free Banif Visa Debit Card and free Banif@st Internet Banking.

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