Salary Account is just like a regular bank account, in which your employer deposits your salary every month. You also receive your salary and make transactions. But, have you ever wondered how useful your salary account is? Do you know the amazing offers and benefits available on it? If not, then there is nothing to be surprised about. Because hardly any bank tells these benefits while opening a salary account. Banks also provide services of Classic Salary Accounts, Wealth Salary Accounts, Basic Savings Bank Deposit Account-Salary, and Defense Salary Accounts. But, not many people know about them.

Insurance coverage
Some Salary Accounts also come with accidental death cover or health insurance cover. This insurance coverage provides an additional security.

Loan at a better interest rate
Customers with Salary Accounts get better interest rates on personal loans and home loans. The bank can offer you loans at low interest.

Overdraft facility
An overdraft facility is available in the Salary Account, which allows you to withdraw money in an emergency even if there is no money in your account.

Priority service
Many banks provide Priority Services to Salary Account holders, in which you get fast service, special customer care numbers, and special offers.

Credit card offers
Many banks provide free credit cards and great offers to Salary Account holders. This includes discounts on annual fees and reward points.

Online shopping and dining offers
Banks offer many online shopping and dining deals to Salary Account holders. This includes discounts and cashback.

Free service on digital banking
Many times digital services like NEFT, and RTGS are free in Salary Account, which makes money transfer easy and economical.

Free checkbook and debit card
Banks often provide free checkbook and debit card services on Salary Accounts. These small expenses can become a reason for saving for you.

Free ATM transactions
Banks usually offer several free ATM transactions every month in a Salary Account, so that you can withdraw cash without any extra charge when you need money.

The benefit of Zero Balance
Most Salary Accounts offer the benefit of Zero Balance, meaning you do not have to worry about maintaining a minimum balance in your account. This facility is not available in the Saving Account.