Public sector lender Punjab National Bank has come up with a new salary scheme for state government employees of Kerala.

The new shceme will have an account termed ‘Total Freedom Salary Account scheme.' This would be a zero balance account with no additional charges put on it.

Salary would be credited instantly to the account on the prescribed salary date. However, the account also has the option of crediting advance salary in the form of overdraft, informed Mr K.V. Rajesh, Circle Head of the bank.

The account is operative across all branches of the bank without any additional charges being levied.

Debit cum ATM cards can also be issued for relatives of the account holder like spouse, parents etc.

Also, car and home loans would be offered to customers at discounted rates.