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.
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 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.
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.
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%.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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/-.
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.
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.