Which bank for salaried account?
Hi, I'm a fresher. I want to know, are there any benefits of having a salaried account in a particular bank? If so, which ones do you suggest would be the best one. My office has a tie-up with HDFC bank.
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HDFC is as good as anything else.
How about IDFC?
Excellent choice.
Can we choose a bank for a salaried account ?
I thought it was in the hands of the employer and not at the hands of the employee.
Please clarify !
Usually they have tie-up with 2-3 banks, and you can decide which one you want your salary to be credited.
In case of Startup, you can take salary in existing savings account also, no need to even get another salary account, unless you need to use some feature.
@ErringMortal we've the flexibility to choose.
I use ICICI bank since the very beginning No major reason, just dependable, have comfort with them
Not sure if someone's analyzed this deeply, curious to know
Congratulations on your first salary homie :)
Thanks homie! ^_^
Salary accounts are usually Zero balance accounts. You also get some other perks
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Bdw any bank is good. Salary account as a product is out dated now. Do check with your HR though, sometimes they have an arrangement with the bank where they have a corporate account, as per this arrangement all salary accounts will be opened in that bank only. These are called mandate accounts. If there is no such policy, just update your existing account. Though I would suggest to take a feel of multiple banks during initial phase of your career and settle with the one which is good for you.
Hdfc