Salary Account Tips: From loan to charge, salary account holders get these 5 big benefits..

The salary account is slightly different from the normal savings account. A salary account is an account in which your salary is credited every month and it is opened by the company. The employee gets many benefits from the salary account. Let's know about all these benefits.

Loan facility
It is easy to take a personal loan on a salary account because, with this type of loan, the risk to the bank is less. The salary account and statement are the authentic documents of your salary. For this, the work of verification of documents is also done easily and the bank also gives you loans easily.

Discount on locker charge
Many private banks give discounts on locker charges on salary accounts. For example, an SBI salary account gets up to a 25 percent discount on locker charges, but if the salary has not been credited to your salary account for a long time, then in such a situation, your bank account is continued like a normal savings account. Not only this, many banks with salary accounts also provide the facility of free ATM transactions. Such as ICICI Bank, Axis Bank, HDFC Bank etc.

These facilities are also available.
You get the facility of checkbook, passbook, and net banking for free on your salary account. Apart from this, if there is zero balance in your salary account for three months, then the bank does not charge you any kind of penalty. At the same time, it is necessary to keep a minimum balance in the savings account, otherwise you have to pay charges.

You get all these facilities on a salary account. Do tell us your opinion about this article in the comment box. Also, if you liked this article, then do share it, and to read other similar articles, stay connected with your website HR Breaking News.

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