Hi,
Our company tried to open salary accounts with ICICI Bank, but they said we can open salary accounts with a minimum of 20 people only. My question is, what is the minimum number of people required to open salary accounts with a bank, and which banks in India provide salary accounts? Please clarify.
From United States, Piscataway
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1Our company tried to open salary accounts with ICICI Bank, but they said we can open salary accounts with a minimum of 20 people only. My question is, what is the minimum number of people required to open salary accounts with a bank, and which banks in India provide salary accounts? Please clarify.
From United States, Piscataway
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Hi!
It depends on the bank. Different banks will have different rules for corporate salary accounts. All banks provide salary account facilities. You need to get in touch with a couple of banks, negotiate with them, and finalize based on the number of value-added services they provide. Some of the banks would be Axis Bank, HDFC Bank, SBI, UCO Bank, etc.
Regards,
Byomjeet
From India, Delhi
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It depends on the bank. Different banks will have different rules for corporate salary accounts. All banks provide salary account facilities. You need to get in touch with a couple of banks, negotiate with them, and finalize based on the number of value-added services they provide. Some of the banks would be Axis Bank, HDFC Bank, SBI, UCO Bank, etc.
Regards,
Byomjeet
From India, Delhi
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Salary should be paid to bank accounts.pdf