5. Changing accounts

The banks keep it simple for salary accounts knowing that all banking needs would be routed by the employer and the employee through them. But they do impose conditions, if you decide to change the account to another bank.

6. Eligibility for these accounts

To be eligible for a Basic Savings Bank Deposit Account: Salary, you should be employed with a corporate body that has a salary account relationship with your Bank, customer should not have any other account in the same bank, and one needs to be resident individuals, if minor then below 18 yrs and from Hindu Undivided Families.

But if you are a foreign national residing in India, you may need to open a Savings Account by temporarily attaching an undertaking, stating sources of credit and a copy of your Residence Permit.

7. Other features

You will get personalized cheques with your name printed on each cheque leaf for enhanced security; and you can take advantage of BillPay, an instant solution to all your frequent utility bill payments. You can also instruct for payment over the phone or through the Internet.

 Avail of facilities like Safe Deposit Locker, Sweep-In and Super Saver facility on your account, free Payable-at-Par chequebook, without any usage charges up to a limit of 50,000/month. Free InstaAlerts for all account holders for lifetime of the account, free Passbook facility available at home branch for account holders and free Email Statement facility are also available.