When you go to open an account in a bank, you see many options like current account and saving account. Similarly, there are salary accounts too, but most of the people do not know that many types of facilities are provided by the bank on salary account which are not available in normal account, let us know about it in detail. .
Salary Account Profit: Salary account is the account which is opened by the company. In this, your salary is credited every month. Salary account can also be called a kind of savings account, in this also you are given facilities like chequebook, ATM, netbanking, credit card etc. But still it is a little different from a normal savings account. Actually, you get many such benefits in salary account, which are not available in normal savings account.
Zero balance facility –
People get the facility of zero balance on salary account. If there is zero balance in your account for three months, then the bank does not impose any penalty on you. Whereas in a normal savings account it is necessary to maintain minimum balance. If you don’t do this, you have to pay a penalty.
Free transactions from ATM –
Many banks provide free ATM transaction facility on salary account. This includes the names of banks like SBI, ICICI Bank, Axis Bank, HDFC Bank etc. In such a situation, you do not need to worry about how many times you have done ATM transactions in a month. Besides this, no annual charge is levied on salary account ATM.
Loan facility –
You can easily get loans like personal loan, car loan or home loan etc. on salary account because with such loans, the risk to the bank is less. Salary account and statement are the authentic documents of your salary. For this, the work of verification of documents is also done easily.
Wealth Salary Account –
If you have a lot of money then you can also open a wealth salary account. In this type of account, the bank also gives you a dedicated wealth manager, who takes care of all your work related to the bank.
Discount on locker charges –
Many banks give exemption in locker charges on salary accounts. If we talk about SBI, then there is a discount of up to 25 percent in locker charges on the bank salary account, but if your bank comes to know that the salary is not coming in your account for some time, then all the facilities given to you are withdrawn. Are. In such a situation, your bank account is continued like a normal savings account.
other facilities –
You get free chequebook, passbook, netbanking facility on your salary account. Along with this, no SMS charges are taken for salary credit.
