Which salary account is best?

Asked by: Mrs. Roxanne Purdy  |  Last update: February 9, 2022
Score: 4.2/5 (34 votes)

The following is the list of best 5 salary accounts available in India:
  • Kotak Platina Salary Account.
  • SBI Corporate Salary Package.
  • HDFC Bank Classic Salary Account.
  • Citibank Suvidha Salary Account.
  • Axis Bank Prime Salary Account.

Which bank is best for salary account?

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.

Is HDFC good for salary account?

If you are looking for a salary account that will cater to the banking needs of your entire family, this account from HDFC is the right choice. With benefits like debit card cash, personal accident death cover and zero balance requirements, this account will make banking very convenient.

What is HDFC salary account?

Salary Accounts are a convenient way of paying the monthly salaries from the employer to the employee. ... By definition, a Salary Account is a type of Savings Account, in which the employer of the account holder deposits a fixed amount of money as 'salary' every month.

What is SBI salary account?

What is a Salary Package 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.

Best Bank For Salary Account | Best Salary Account 2020 ???

33 related questions found

Which is better SBI or HDFC?

Some of the key results of the comparison between the two banks are: Lowest Interest rate of SBI Loan is 9.60%, which is lower than the lowest interest rate of HDFC Bank at 10.25%. Hence, SBI is offering a cheaper loan option. ... Therefore, HDFC Bank can be a better option if you are looking for a high value amount.

Which is better HDFC or Axis?

Both Axis Bank and HDFC Limited follow the same formula when it comes to ascertaining the loan amount. But, in terms of interest rates, HDFC is a better option as its highest rate is 8%. Whereas, Axis Bank Home Loan Interest rates are can go upto 8.55%.

Which is better Icici or HDFC?

HDFC Bank vs ICICI Bank Advances (2016-2021)

For the year ended March 2021, HDFC Bank's advances were 88.9% of its total deposits whereas this figure was 82.5% for ICICI Bank. Clearly, HDFC Bank is more efficient than ICICI Bank in terms of utilising its deposit base.

What is the benefit of salary account?

Easy management of your Salary Account through user-friendly mobile and NetBanking. Free insurance covers in case of accidental deaths, air travel mishaps and debit card frauds. CashBack offers on Debit Cards spending. Discounts on shopping and free access to airport lounges.

Which Indian bank is best?

Top 10 Banks in India
  • HDFC Bank.
  • State Bank of India.
  • ICICI Bank.
  • Axis Bank.
  • Kotak Mahindra Bank.
  • IndusInd Bank.
  • Yes Bank.
  • Punjab National Bank.

How good is SBI 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.

Which is better HDFC or HSBC?

Employee Ratings

HSBC scored higher in 6 areas: Overall Rating, Compensation & Benefits, Work-life balance, Senior Management, Culture & Values and % Recommend to a friend. HDFC Bank scored higher in 3 areas: Career Opportunities, CEO Approval and Positive Business Outlook.

Which is better ICICI or axis?

Some of the key results of the comparison between the two banks are: Lowest Interest rate of ICICI Bank Loan is 10.25%, which is lower than the lowest interest rate of Axis Bank at 10.49%. Hence, ICICI Bank is offering a cheaper loan option. ... This makes Axis Bank a better option for Personal Loan.

Which private bank has highest branches in India?

HDFC Bank. Founded in 1994, HDFC Bank is headquartered in Mumbai, Maharashtra. HDFC is India's largest private sector bank in terms of assets and market capitalization. It employs around 120,000 staff and operates a distribution network of 5,416 branches and 13,640 ATMs across 2,803 cities.

Is Axis Bank good for salary account?

Axis Bank Salary Accounts offer employees seamless and convenient access to their salaries. ... The accounts differ in various ways like the daily withdrawal limit, shopping limit, kind of debit card and so on. The special employee delights and added benefits are what makes Axis Bank Salary Accounts the best in class.

Is there zero balance account in HDFC?

HDFC Bank zero balance savings account can be opened by any resident individual who is not having an existing relationship with the bank and do not have complete KYC. ... HDFC Bank provides a Rupay ATM-cum-debit card to all the account holders of zero balance savings bank account.

Is Kotak better than axis?

Axis Bank scored higher in 4 areas: Overall Rating, Career Opportunities, Compensation & Benefits and Culture & Values. Kotak Mahindra scored higher in 4 areas: Work-life balance, CEO Approval, % Recommend to a friend and Positive Business Outlook. Both tied in 1 area: Senior Management.

Which is the No 1 bank in India?

HDFC Bank currently ranks as the largest private bank in India, both by assets and market capitalization. The company has the third-largest market capitalization on the Indian stock exchanges, with $112.76 billion. With nearly 120,000 employees, it is also the fifteenth largest employer in India.

Which is the safest bank in India?

SBI, HDFC and ICICI are the safest banks by virtue of being declared too big to fail by RBI. It doesn't hurt that they are also financially healthy as well.

What is Platinum salary in SBI?

The package variants according to salary are SILVER: Between Rs 10,000/- and up to Rs 25,000/-, GOLD: Above Rs 25,000 and up to Rs 50,000/-, DIAMOND: Above Rs 50,000 and up to Rs 1,00,000/- and PLATINUM: Above Rs 1,00,000/-.

Can you deposit into 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.

How is HSBC salary account?

Hold a corporate salary account under the HSBC Corporate Employee Programme (CEP) in India with a net monthly salary credit of INR300,000 (Rupees Three Lakh only) or more into the account. For details on HSBC Premier eligibility, please visit our HSBC Premier page. An account with no minimum balance requirement.