Which bank is best for salary account- Best salary account in India 2023

Which bank is best for salary account, Best salary account in India 2023, for TCS, HDFC, Axis Bank, ICICI, best salary account bank account, 2023, which bank has best account for salary

Hello friends, do you know which bank is best for salary account in 2023? Is it HDFC bank, Axis Bank, or ICICI bank? If you want to right now open a salary account and confused in banks that which is best. So today I am going to tell you the best salary account in India 2023. Just read the full post up to the end, I am sure you will defiantly get the right bank for your salary.

We know that employees who are working for private sector companies, public companies, and others including government departments have a salary account. The monthly salary is credited into this account only. All banks have various types of salary accounts for employees. But which salary account is best in a particular bank? we don't know. Similarly, which bank provides maximum features in salary account? Today I am going to give your answers to all questions related to the salary account in 2023. I will also suggest the best salary account.

Best Salary account 2023 special feature

We know that all bank provides salary accounts for an employer. Before opening the account, you have to check the below features.

1. Zero Balance Account- A salary account must be a zero balance account. 
2. Debit card facility
3. Personal load facility
4. ATM-related all facility
5. Online Banking/Net banking 
6. Mobile Banking
7. Maximum interest rate
8. No hidden charges- Make sure that no hidden charge in the account.
9. RTGS/NEFT Online fund transfer

The above features are must-have in each and every bank salary account. Before applying for a salary account in any bank, you have to check the above features on an online website or by visiting the bank branch.

(Top) A list of Best banks for Salary accounts in India 2023

Recently, HDFC Bank, ICICI Bank, Kotak Mahindra Bank, Citi Bank, State Bank of India, Union Bank, and Bank of Baroda bank are the leading banks in India. These banks are continuously growing their revenue and market cap in 2023. They provide various types of Salary account for employees as well as employers. So, today we will discuss all types of salary account features provided by the above banks in 2023. Let's start to know best bank for salary account.

HDFC bank salary account

HDFC Bank is the famous bank working in India for the last many years. It has various types of salary accounts for employees. You can open your salary account in HDFC bank. These areas under-

1. HDFC Regular Salary Account- Debit card hero, Higher spending limits, cashback, and discounts. 
2. HDFC Premium salary account- for selected corporates as priority service. It offers insurance and preferential pricing on various loans.
3. Salary family account- Easy access to ATMs of all banks 
4. Reimbursement Account- Easy management of funds, make it easy to distinguish between salary and reimbursement credits
5. Defense Salary Account-
6. Government Salary Account-
7. Classic Salary Account- Comes with better security features.
8. Basic Savings bank deposit account (Salary)-  Provides all basic convenience 

HDFC bank salary account benefits

• Interest of 3.5-4% per annum on your savings in the Salary Account
• Banking anywhere made easy with a wide network of ATMs and branches across the country
• Preferential product pricing offers on loans, Credit Cards, and other such products
• The assistance of a personal Relationship Manager for all your banking requirements
• Ease in open similar zero-balance accounts for family members with the same benefits and privileges
• 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 Car-ds spending
• Discounts on shopping and free access to airport lounges
• Freebies with your Salary Account: A Salary Account with HDFC Bank also ensures you get the following free of cost –  25-leaves cheque-book every six months, Passbook, E-Statements, Demand Drafts (DD) payable at all HDFC Bank branches across India, InstaAlert facility (Email and SMS notifications of every transaction), Cheque Collection - Local Clearing Zone, Balance Enquiry at Branch, TDS Certificate, BillPay

Visit HDFC bank official website for more information

Axis Bank Salary Account

Axis Bank Salary Accounts offer employees seamless and convenient access to their salaries. Open a Salary Account that is most appropriate for your employees' job profiles and let them enjoy a myriad of added benefits, including special debit cards. Help your employees to conveniently keep a tab on their salary and reimbursements.

There are 6 different kinds of salary accounts depending on the nature of work. 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 make Axis Bank Salary Accounts the best in class. Benefits ranging from Senior ID cards for senior citizens, domestic travel plans, and higher interests to dining delights, cashback on movie tickets, etc. are provided to different salary bank accounts. Priority Salary Account holders are in for special treats while defense personnel has special privileges as well. Get the complete list of all these specialized benefits and open a Salary Account that best suits your employees' needs. These areas under-

1. Burgundy Salary Account- Complimentary Burgundy Debit Card, Daily ATM withdrawal limit: Rs. 3 Lakh, Daily Shopping Limit: Rs. 6 Lakh, Dedicated Relationship Manager, backed by a wealth specialist, Comprehensive One Glance Statement of your accounts and investments, Up to 60% discount on locker rentals, Additional 10% discount on lockers with family banking 
2. Easy Access Salary Account- Rupay Platinum Debit card, Daily purchase limit of Rs.2,00,000, Complimentary Airport Lounge Access per quarter, 5% cashback on utility bill payments, Flat 3% cashback on Amazon via Grab Deals, Flat 3% cashback on Flipkart via Grab Deals
3. Liberty Salary Account- Flat 5% cashback on Liberty Debit Card, Shopping limit of Rs. 3 lakhs/day, Annual savings worth Rs. 15,000, Cashback of up to Rs.1,000 in customer's Birthday month*, 5% cashback every weekend, and a Gift voucher worth Rs. 750 on quarterly spends of Rs. 60,000
4. Prestige Salary Account- Prestige Cashback Debit Card, Daily ATM Withdrawal limit of Rs.1,00,000, Unlimited cheque-books and DD/Pos free, Unlimited branch transactions per month, Annual savings worth Rs. 25,000, Exclusive cashback offers on debit cards: 1% on fuel, 2% on shopping, and 3% on travel
5. Priority Salary Account- Free Priority Platinum Debit Card, 8 Complimentary airport lounge access in a year, family Banking Benefits on enrolling Family members, Dedicated Relationship Manager for all Banking needs, 25% cashback on movie ticket spends, Up to 5% cashback on Amazon via Grab Deals
6. Axis Republic Salary Account- Free Rupay Platinum debit card, Shopping Limit of Rs.1 Lakh, Higher Interest on Deposits over Rs. 50,000, High Personal Accidental cover, Exclusive features for senior parents, Up to 50% off on 200 Diagnostic centers for Senior Parents, Up to 15% off on medicine purchase at 1400 Apollo pharmacies for Senior Parents, Dining Delights Program, Axis eDGE Reward Program
7. Defense Salary Account- Free Power Salute Rupay Platinum Debit Card, Shopping Limit-Rs.2 Lakh, Personal Accident Insurance Cover of 30 lacs, Unlimited free cash withdrawals at Axis Bank ATMs and other bank ATMs, Family Banking Program - Share benefits with up to 3 family members, Dining Delights Program, Axis eDGE Reward Program
8. Employee Reimbursement account- Linked debit card with existing Salary Account, Track reimbursement separately, Earn 3.5%* interest on daily balances, quarterly
9. Prime Salary Account- Visa Rewards Plus Debit Card, Daily Shopping Limit: Rs. 5 lakh, Dining Delights Program, 5% cashback on movie ticket spends

Visit Axis Bank official website for more info

 

Salary Accounts- ICICI Bank

ICICI Bank Salary Account is a benefit-rich payroll account for Employers and Employees. As an organization, you can opt for ICICI Salary Accounts to enable easy disbursements of salaries.

1. Silver salary Account
2. Gold Salary Account
3. Titanium Salary Account
4. Defence Salary Account

ICICI bank salary account features

• Get a Zero Balance salary account for employees
• don't worry about maintaining a minimum balance in the account
• you can a reimbursement account when you open the salary account
• The company can opt to disburse expenses for travel, food, etc. through Reimbursement Accounts
• Get attractive offers on loans and Credit Cards
• Bank anywhere for free
• Get the privilege of 8-8 banking
• Investment advisory
• Negate the requirement of cumbersome paperwork pertaining to salaries or maintenance of records.
• You can credit salaries through an online platform, bulk NEFT or you can send ICICI Bank a piece of advice (in form of a cheque/debit instruction, ECS, etc.) for the total salary amount, along with the salary details of the designated employees in a soft and hard copy format
• Once this is done, we will credit the respective employees' accounts, as per your statement of advice.
• ICICI Bank is also registered with PFRDA to offer National Pension System (NPS) services to corporate customers
• The corporate can claim tax benefits for the amount contributed towards the pension of employees under 80CCD (2)
• We salute the brave men and women who defend our nation and we are proud to introduce our Defence Banking Services for Armed Forces
• Avail of our large network of over 5,200 branches and 15,600 ATMs.
• ill in a simple form and get your Cheque-book and Debit Card, immediately
• International Debit Card
• No annual fee on your Debit Card
• Get a higher cash withdrawal and spend limit, per day. Reduce or increase your spend limit, based on your needs
• Avail a zero liability protection on your Debit Card, with lost card liability up to Rs 2 lakh
• You can use your Debit Card for international online purchases.
• Earn more money when you link your Fixed Deposit Account with your Savings Account Internet Banking
• Log in with your User ID and password and experience convenient banking with our free best-in-class Internet Banking service.
• Easily transfer funds, online to and from anywhere in the world, without needing to make cash withdrawals or cheque deposits.
• Use the iMobile Pay app to transfer funds, pay bills, buy movie tickets and more, on the move.
• Get a PPF account, which is a safe investment that gives you attractive returns, with the added advantage of tax benefits under Section 80C.
• You can claim tax benefits for the amount contributed towards your pension under Section 80CCD(1) with an overall limit of Rs lakh Pension Account
• Get a Zero Balance Pension Account for receiving a pension, post-retirement
• Ensure that you update your Aadhaar number in your ICICI Bank Pension Account Family Plus Account
• Get a Zero Balance Savings Account (Family Plus Account) for your parents, spouse, and children.
• Manage your transactions, easily by calling our Customer Care, from the comfort of your home.
• Avail a number of benefits on some of the most popular loans:
• Personal Loans- As a special offering, our Salary Account customers would be extended Personal Loans.
• Home Loans- Home Loans from ICICI Bank come to you with attractive interest rates and personalized services, which can be availed from the comfort of your home.
• Car Loan- Car Loans from ICICI Bank come to you with instant approval, simple documentation, and competitive interest rates.
• Two Wheeler Loans- Wheeler Loans from ICICI Bank comes to you at attractive interest rates coupled with a flexible financing option.
• Loans Against Securities- ICICI Bank will advance loans to Salary Account holders against Securities and Mutual Funds owned by them.
• Salary Account holders can: Transact in shares instantly and safely, through Demat, Invest in Government Bonds, Mutual Funds, Foreign Exchange and Insurance products
• Get a complimentary Personal Accident Insurance Protection and purchase a Protection Cover
• Free Personalised Cheequebook, Free Phone Banking, Free Ncash Debit card, MFree Transfer of funds, Annual statement of accounts

Visit ICICI Bank official website for more info

State Bank of India (SBI) account for salary credit

State bank of India is one of the oldest banks working in India. People believe in SBI for investing their valuable money. SBI (State Bank of India) brings to you an entire range of Salary Accounts, crafted to suit your needs. Bank offers special Salary Account Packages for varied sectors, such as Central Government, State Government, Defence Forces, Paramilitary Forces, Police Forces, Corporates/ Institutions, etc. These comprehensive packages provide a wide range of unique benefits and services, as well as seamless access to the most advanced and secure Net Banking and Mobile Banking services. These areas under-

1. Corporate Salary Package (CSP)
2. Central Government Salary Package (CGSP)
3. State Government Salary Package (SGSP)
4. Indian Railways Salary Package (IRSP)
5. Defence Forces Salary Package (DFSP)
6. Central Armed Police Salary Package (CAPSP) – Para Military
7. Police Salary Package (PSP)
8. Indian Coast Guard Salary Package (ICGSP)
   

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Citibank Suvidha Salary Account

The Citibank Suvidha Salary Account is tailor-made to suit the banking needs of modern-day professionals. With preferential pricing on Citibank products, a powerful debit card, 24X7 access to convenient digital banking platforms, the Suvidha Salary Account is a one-stop solution for all your banking needs. Check Citibank Suvidha Salary Account features below in detail.

• Zero balance salary account
• Overdraft up to 5x1 net monthly salary credit
• Reward Points redeemable for cash
• Bank on the go with the upgraded Citi Mobile App.
• Payable at par cheque-book
• ATM/Debit card with a daily limit of Rs.1,00,000
• No minimum balance required
• Host of offers on your debit card
• Complimentary personal accident cover of Rs.10 lakhs
• Utility bill payment facility to over 200 service providers across India
• No cost Demand Draft delivery at 1,100 locations in India
• Complimentary NEFT, RTGS, and IMPS funds transfer
• 2.5% p.a. interest rate calculated daily, paid quarterly
• Overdraft facility of up to 5 times1 net monthly salary credit
• Credit card offerings to suit your lifestyle
• Complimentary Investment Services Account and access to up to date investment intelligence
• Preferential pricing on Personal loans and Home Loan
• Comprehensive insurance solutions for your family and you
• Zero fee debit card
• Accepted worldwide at merchant outlets and ATMs
• Earn Reward Points on every spend
• Redeem Reward Points for cashback

Visit Citibank official website for more info

Kotak Bank Corporate salary accounts 

Now get Healthcare benefits, for you and your family. Kotak Salary Account is uniquely designed for you to achieve. Your financial goals with added healthcare benefits for your safekeeping. It also has various types of salary accounts for employees. These areas under-

1. Ace Salary Account- Free Platinum debit card with a higher swipe at POS of up to Rs. 3 lakhs & ATM withdrawal of Rs. 1 lakh, Exclusive Silk Salary Account for women with exciting Cashbacks of up to Rs. 4,500/-*, rewards & more, With ActivMoney, earn a higher rate of interest on funds lying in your account with auto Sweep-In / Sweep-Out facility
2. Platina Salary Account- Earn 3.50%* interest p.a. on your account balance, Free Platinum debit card with a higher swipe at POS of up to Rs. 3 lakhs & ATM withdrawal of Rs. 1 lakh, Personal Accidental Death Cover of up to Rs. 50 lakhs* & Air Accident Insurance of up to Rs. 50 lakhs*
3. Edge Salary Account- Earn 3.50%* interest p.a. on your account balance, Family Savings Account with zero maintenance charges, Personal Accidental Death Cover of up to Rs. 5 lakhs*
4. Neo Salary Account- Zero balance salary account, subject to monthly salary credits, Earn 3.50%* interest p.a. on your account balance, SMS banking through Kotak Bharat Banking App
5. Public Services Salary Account- Lifetime Zero Balance Account, Personal Accident Death cover up to Rs.50 Lacs. (T&C apply) Partial Permanent Disability cover up to Rs.30 Lacs. T&C apply.
6. Uni Account- Send or Receive money instantly, Recharge Mobile / DTH or pay utility bills online, Scan & Pay through Kotak Mobile Banking App
7. Corporate Benefit Salary Account- Customized salary account proposition for all employees, Web-based salary upload process, Single point of contact (Corporate Relationship Manager) across the country

Kotak Salary Account Benefits

• Healthcare benefits for your safekeeping
• zero balance salary account, subject to monthly salary credits
• Earn 3.50%* interest p.a. on your account balance
• free office and home banking facility*
• SMS banking through Kotak Bharat App**

Now, you have to compare the above bank accounts and choose which bank is best for Salary account? I tried to share with you the best information regarding the best salary account in India.

FAQs on Best Salary Account in India 2023

Question 01. Why should you open a Salary Account with HDFC Bank?

Answer- HDFC Bank Salary Accounts come with a number of benefits that make it one of the most preferred banks to do business with. It not only provides all common benefits but also ensures an enhanced banking experience for all Salary Account holders.

Question 02. Which private bank is best for salary?

Answer- Top salary accounts check above.

Question 03. Is HDFC good for salary Account?

Answer- Yes.

Question 04. Which is better HDFC or Axis?

Answer- HDFC is a better option.

Question 05. Is ICICI bank good for salary account?

Answer- Yes.

Question 06. Is salary account zero balance?

Answer- Yes.

Conclusion- The banking sector is continuously growing in India. Best bank for salary account has specific features. Best Salary account in India 2023 is already mentioned in this post. You have to choose as per your requirement which bank is best for salary account?