Guidelines

Which bank offers best salary account?

Which bank offers best 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 Kotak bank good for salary account?

Advantages of Kotak Mahindra bank salary account: 50,000 cash withdrawal limit at Domestic / International ATMs per day and Rs. 2,00,000 shopping limit per day. It provides Personal Accidental Death Cover of up to INR 2 lakhs. Purchase Protection of up to Rs.

What is interest rate on salary account?

Savings Account

Salary account Savings account
Minimum Balance No Minimum Balance Minimum Balance Required
Convertibility If the salary is not credit for 3 consecutive months, it is considered as savings account One can convert to salary account , if the bank allows
Interest rates No Interest paid 4\%-6\% interest is paid

What are the special interest rates offered by Kotak Bank?

Special interest rates on home, auto, personal loan. Kotak bank offers various types of salary account such as Platina Salary account, Ace salary account, and EDGE. 6\% Interest rate per annum.

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Can I have a salary account other than with Kotak?

If your company allows you to have a salary account other than the one they have a tie-up with, choose from any of the following on the basis of your requirements: Kotak Platina Salary Account Interest up to 4.00\% Unlimited transactions across all ATMs in India (VISA)

What is Platina salary account from Kotak Mahindra Bank?

Platina Salary Account from Kotak Mahindra Bank is a no strings attached zero balance savings account. You can earn up to 6\% p.a. interest on your savings account balance over Rs 1 lakhs and up to Rs 1 crore.

What is priority salary account in Axis Bank?

Axis Bank introduced Priority Salary Account to provide its customers with exclusive benefits and enjoy Axis Priority privileges. Axis Bank assigns a dedicated relationship manager for all your banking needs and offers preferential treatment on entering an Axis Bank branch or while calling the phone banking centre.