ICICI Bank Salary Account Advantages for Employees

• Zero Balance Account: ICICI Bank salary account is a zero balance account. This means there is are no worries or hassles of maintaining the minimum balance in the account. You can keep it zero without worrying about the penalty.
• Savings Rewards: An account holder can earn rewards points under ‘My Savings Reward’ by doing online shopping, paying bills, paying EMIs of the loan, etc. In fact, an account holder can open a Fixed Deposit (FD) and Recurring Deposit (RD) through his salary account as well.
• Free International Debit Card: All account holders are provided with a free international debit cum ATM card. The debit card comes with the higher cash withdrawal and spend limit.
• N-Cash Card: Another added advantage of the account is N-cash debit card. This international card gives the account holder a direct access to various merchants and ATMs situated across the globe.
• Ease of Online Fund Transfer: The account helps you carry out various online transactions with great ease. The bank offers internet banking feature with the most comprehensive collection of services and products in the industry. Using the ICICI Bank salary account’s internet banking is quite easy. Just login with the User ID and Password and experience the most convenient and hassle-free banking.
• National Pension Scheme (NPS): The bank is registered with the Pension Fund Regulatory and Development Authority (PFRDA) to give services and benefits of NPS to the account holders. Account holders can also claim the income tax benefits (of Rs. 1 Lakh) under section 80CCD (1) of the Income Tax Act, 1961.
• Loans Benefits: ICICI Bank salary account holders may also avail the benefits of various popular loans as well. These loans include home loans, personal loans, two-wheeler loans, car loans, Loan against Securities, etc.
• Investment Options: The salary account offers multiple investment options to the customers. They can invest in mutual funds, government bonds, insurance products, foreign exchange and buy 24-carat gold with a certificate of authenticity.

ICICI Bank Salary Account	Interest Rate
Below Rs. 50 Lakh	3.50%
Rs. 50 Lakh and above	4.00%

First and foremost, you have to be eligible to open a salary account with ICICI Bank. Your organisation must share a salary credit association with the bank. After this, the HR or accounts department will approach the bank’s executive to come to the office premises to initiate the process of salary account. You just need to keep the copies and original ID and address proof, photographs and employment proof with you to make the process easy. The executive will give you a welcome kit (debit card, PIN and chequebook) upon the documents verification.