What is a salary account? Explain..
Answers
Answer:
A Salary Account is an account to which your salary gets credited. Usually, banks open these accounts on request of corporations and major companies. ... When the time comes for the company to pay its employees, the bank takes the money from the company's account and then distributes it to the employers accordingly.
Answer:
A Salary Account is an account to which your salary gets credited. Usually, banks open these accounts on request of corporations and major companies. ... When the time comes for the company to pay its employees, the bank takes the money from the company's account and then distributes it to the employers accordingly.
Salary account
It can help you pay utility bills, transfer money, withdraw, and so on. Plus, most banks offer debit and credit cards which can be used while shopping as well as earn reward points, get discounts, cash-backs and much more