The Top 5 Reasons Corporates Should Offer Salary Accounts to Their Employees​

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Offering a salary account to employees is a common practice among corporates.
But have you ever wondered why?
Here are 5 reasons

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Simplified salary transfers

The salary accounts are linked to the company’s accounts facilitating seamless and automated salary transfers without delays.

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Flexibility

Salary accounts are, usually, zero balance accounts (As long as salary gets credited) giving employees the flexibility of managing their finances per their needs.

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Added returns

Employees can earn guaranteed interest income on the balance maintained in their salary accounts. This allows them to grow their savings.

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Other privileges

Many salary accounts offer rewarding debit cards, lifestyle benefits, complimentary insurance coverage and more.

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Employee retention

With the right salary account, employers can boost employee morale and loyalty which converts to higher retention ratio.

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IDFC FIRST Bank Corporate Salary Account is a rewarding choice with up to 7.25% p.a. interest, monthly credits and a host of lifestyle offers.

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