Premium Salary Account

A Premium Salary Account is a special banking product that offers exclusive benefits, rewards, and privileges to account holders It combines the features of a Premium Salary Account with the convenience and benefits of a Platinum Debit Card.

The domestic shopping limit for the Premium Salary Account is ₹5 lakh at merchant outlets and online stores. The ATM withdrawal limit is ₹1 lakh per day.

Yes, you must maintain a minimum balance to activate a Premium Salary Account in India. Please refer to the fees and charges section for more details click here.

The Premium Salary Account offers a free Platinum Debit Card with a domestic shopping limit of ₹5 lakh and an ATM withdrawal limit of ₹1 lakh per day. You also get a free add-on international Debit Card and dynamic limits that allow you to use your Debit Card over and above your daily shopping limit on select merchant categories without transaction decline.

To open a Premium Salary Account online:  

1. Apply for a Premium Salary Account with Platinum Debit Card online by clicking here.  

2. Submit the required documents, including identity proof, address proof, and income proof. 

3. Upon approval, receive your Premium Salary Account and Platinum Debit Card.

Alternatively, you can also visit your nearest HDFC Bank branch. However, applying online saves time and resources. 

You must be employed with a corporate that has a salary account relationship with HDFC Bank and have a salary credit of more than or equal to ₹50,000.

The following are the broad Terms & Conditions of the captioned cover on salary account

Accidental Death resulting from bodily injury due accident only.
Accidental Death resulting from bodily injury which directly and independently of all other causes results in Death within twelve (12) months of the event date
On the event date, the account holder is a bonafide employees (aged less than 70 years ) of the organization to whom the specific offer has been extended
Is holding a Salary Account under the Corporate Salary Account Program with HDFC Bank and has received salary credit in the month or month prior
Should have carried out at least one purchase transaction using the Debit Card, within 6 months prior to the date of loss.
In case of Air Accidental Death claim ticket should have been purchased using Debit Card linked to Salary Account
Cover provided only to the primary account holder

Yes, in case an arrangement exists, we request you to visit the nearest branch along with a letter. The letter should have your complete name and account number and state that you have joined the corporate and want to convert your account to a salary account

No, a Company ID cannot be accepted as a Photo ID document. A government issued photo ID card is mandatory. No, a Company ID cannot be accepted as a Photo ID document. A government issued photo ID card is mandatory.

The indicative time taken for the realization of outstation cheques is given below:
Cheques drawn where HDFC Bank has a branch, credit will be given on receipt of clear funds in:
Main metro locations (Mumbai, Chennai, Kolkata, New Delhi): 7 working days
Metro centers and state capitals (other than those of North Eastern states and Sikkim): Maximum period of 10 working days.
In all other centres where we have branches: maximum period of 14 working days.
Cheques drawn on non-branch locations where we have a tie-up with correspondent banks, credit will be given on receipt of clear funds: Within a maximum period of 14 working days
Cheques drawn on non-branch locations where we do not have a tie-up with correspondent banks, credit will be given on receipt of clear funds: Within a maximum period of 14 working days