Salary Account – Axis Bank

Axis Bank provides a hassle free financial solutions to the employer as well as the employee, through the salary relationship.

Customized solutions

Each employee in an organization is offered a zero balance salary account and associated privileges commensurate with net monthly salary. The Salary Account offering has six variants, as follows:

• Privée Salary – For employees with net monthly salary of Rs.5,00,000/- or more
• Wealth Salary – For employees with net monthly salary of Rs.2,00,000/- or more
• Priority Salary – For employees with net monthly salary of Rs.60,000/- or more
• Prime Salary – For employees with net monthly salary of Rs.25,000/- or more
• Easy Access Salary – For employees with net monthly salary of Rs.9,000/- or more
• Salary Plus – For employees with net monthly salary of Rs.9,000/- or more.
• Smart Pay Card – For employees with net monthly salary less than Rs.9,000/-

Benefits for the employees

•  Anywhere Banking at any of our over 1400 branches and a network of over 6800 ATMs spread across more than 900 centers
• Multi-city at par chequebooks
• Electronic Fund Transfer facility across all banks in India
• Internet Banking with secure fund transfer facility (with 2-factor authentication) to self and third party accounts
• 24×7 convenience at no charges with Axis Mobile
• Free SMS Banking with features such as alerts on debits / credits over Rs.5,000/- balance enquiry, enquiry on last 3 transactions and status of cheque clearance etc
• No penal charges related to minimum balance
• Concessions on Pay Orders / Demand Drafts issued at Axis Bank locations
• International Debit Card with free Personal Accident cover
• Debit card for spouse in case of joint account
• Travel Currency Card providing great convenience to off-shore employees for carrying local currency
• Facility of Temporary Overdraft with the salary account
• Preferential pricing on Retail Loans, as per eligibility criteria
• Employee Reimbursement Account offered as a savings account variant with interest payable quarterly

Benefits for the employer

• Efficient disbursal of salary
• Web Upload facility enabling company’s  payroll department to upload salaries at its own convenience
• An Axis Bank official can be designated at company’s major locations for addressing all queries and issues from HR department
• An ATM can be specially installed at the work premises for added convenience in cash withdrawals, subject to terms and conditions.