Table of Contents
- 1 Is SBI good bank for salary account?
- 2 What are the benefits of having salary account in SBI?
- 3 Which salary account is best SBI or HDFC?
- 4 Can I save money in my salary account?
- 5 Which is best salary account?
- 6 What is SBI salary account?
- 7 How can I open a salary account with SBI?
- 8 Why choose SBI debit card?
- 9 Can I convert my SBI account to a CSP account?
Is SBI good bank for salary account?
With salary accounts, SBI provides an unique range of services like free debit card, zero balance requirements etc., SBI Special Salary Account holders will be able to enjoy a seamless access to Mobile banking services and Net Banking features.
What are the benefits of having salary account in SBI?
Benefits of SBI salary package account
- Zero Balance Account.
- No Monthly Average Balance charges.
- Employee Reimbursement Account.
- Auto Sweep Facility.
- Lifetime Free Debit Card with exclusive benefits.
- Free unlimited transactions across any Banks’ ATMs.
- Free Demand Draft.
- Free Multi City Cheques.
Which salary account is best SBI or HDFC?
The following is the list of the best bank to open salary account in India:
- HDFC Regular Salary Account.
- Axis Bank Prime Salary Account.
- SBI Corporate Salary Package.
- Kotak Platina Salary Account.
- Citibank Suvidha Salary Account.
Which is better savings or salary account?
One can also transfer your savings account to salary account if your employer account is with same bank, provided if your bank permits….Savings Account.
| Salary account | Savings account | |
|---|---|---|
| Purpose | Credit of salary | To encourage Savings |
| Minimum Balance | No Minimum Balance | Minimum Balance Required |
What is benefits of salary account?
However, there are certain common benefits that come with a Salary Account – zero minimum balance, free cheque book / passbook / e-statements, Debit Cards, NetBanking, Phone Banking, online fund transfer, Demat Account/services, loan conveniences, Credit Card offers, utility bill payments, etc.
Can I save money in my salary account?
You can put in cash in the Salary Account anytime but be aware that if the monthly number of ‘over-the-counter transactions’ done for the account crosses the specified number, it may attract a small fee. Over-the-counter transactions include depositing cheques, cash and withdrawing cash.
Which is best salary account?
Top 5 Salary Accounts in India, 2020
- Kotak Platina Salary Account.
- SBI Corporate Salary Package.
- HDFC Bank Classic Salary Account.
- Citibank Suvidha Salary Account.
- Axis Bank Prime Salary Account.
What is SBI salary account?
Salary Package account is a special savings account offered to salaried customers which provide unique benefits and services, as well as seamless access to the most advanced and secure Net Banking and Mobile Banking services. For more details, please visit Salary Account.
Is salary account a personal account?
Some examples of personal accounts are customers, vendors, salary accounts of employees, drawings and capital accounts of owners, etc. The golden rule for personal accounts is: debit the receiver and credit the giver.
What are the benefits offered by SBI for salary account holders?
-Rebate in locker charges: SBI offers up to 25 percent off on locker charges to its salary account holders. -Accidental death cover: SBI salary account holders are entitled for up to Rs 20 lakh accidental death cover. -Overdraft facility: State Bank of India offers overdraft facility to its salary account holders too.
How can I open a salary account with SBI?
How can one open a Salary Account with SBI? Request a call back at Salary Account and our Sales team will contact you within 5 working days. Walk into the nearest SBI Branch. 13. What are the documents required for opening a salary account?
Why choose SBI debit card?
Use your State Bank Debit Card and avail of regular offers on leading e-commerce portals as well as merchant establishments! With SBI Car Loans, your dream car can be a reality. Lowest Interest Rates & EMI, No Pre-Payment Penalty or Foreclosure Charges, Max. Repayment Tenure, Financing on ‘On-Road price’ and more!
Can I convert my SBI account to a CSP account?
Yes. Existing saving account with SBI can also be converted to CSP account. Please contact your branch in this regard. 15. What are the variants of accounts available to the customer?