Salary Account Features Every Fresh Graduate Should Know

Starting your first job is exciting—and your salary account is the first step toward financial independence. But did you know that a salary account has special benefits compared to a regular savings account?

1. Zero Balance Account

Most salary accounts allow you to maintain a zero balance. This means you don’t need to worry about maintaining a minimum balance.

2. Free Debit Card & Cheque Book

Banks usually offer a free debit card, cheque book, and even discounts on shopping, dining, and online payments linked to your account.

3. Easy Loan Approvals

Having a salary account makes it easier to get personal loans, home loans, and credit cards, since the bank already tracks your monthly salary credits.

4. Overdraft Facility

Many banks allow an overdraft facility where you can withdraw more than your balance (up to a limit). This helps in case of emergencies.

5. Higher Withdrawal & Transaction Limits

Salary accounts often come with higher ATM withdrawal and online transaction limits compared to regular accounts.

💡 Tip: Always ask your employer’s bank about hidden charges, ATM fees, and additional perks.

Conclusion

A salary account is more than just a way to get your paycheck—it’s a gateway to better banking benefits. Understanding these features ensures you make the most of your hard-earned money.