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New Delhi: Salary account is not just a way to get money, but it also gives you many facilities. This account is special for those who work. Let us know what benefits you get from salary account.

1. Benefit of free insurance

Many banks provide accidental death or health insurance for free with salary account.

If ever an accident happens, then this insurance comes in handy for your family. It is like a safety shield.

2. Low interest rate on loan

If you have a salary account, then the bank gives you money at low interest on personal loan or home loan.

This reduces your EMI and you can save money.

3. Overdraft facility

If you don't have money in your account and you need money immediately, then the bank gives you overdraft facility up to a certain limit.

That means you can withdraw money even if there is no balance in the account.

4. Fast and special banking service

Some banks provide fast service and separate customer care number to those who have salary account.

This makes banking work quickly and easy.

5. Free credit card and offers

Banks also provide free credit cards to those who have salary account.

In this, you get discount in annual fees

Reward points on purchases

Many shopping and dining offers.

6. Discount on shopping and food

Banks often provide cashback and discount offers to those who have salary account.

You can save money on online shopping, eating in restaurants or travel.

7. Free money transfer facility

You can send money for free through online services like NEFT, RTGS, IMPS.

This eliminates the need to go to the bank and money is transferred easily.

8. Free cheque book and debit card

You also get free cheque book and debit card with the account.

There is no charge for these.

9. Free withdrawal of money from ATM

The bank provides some ATM transactions for free every month.

You can withdraw cash without paying any extra fee.

10. Zero Balance facility

There is no need to maintain a minimum balance in the salary account.

That means there is no penalty even if the account is empty. This is a big facility which is not available in a savings account.

If you are employed, then definitely open a salary account and make full use of all these benefits.