Salary Family Account

A Salary Family Account is a zero-balance Salary Account offered to employees of approved corporate entities. It provides convenience, exclusive benefits, and access to a range of financial services. Apply for a Salary Family Account now.

The Salary Family Account has no minimum balance requirement as long as salary credits are received regularly from the corporate entity. In the absence of salary credits for 3 months, the account will be converted to a Savings Regular Account with applicable AMB requirements, features, benefits, and charges.

The Salary Account is available to employees of approved corporates. To maintain eligibility, the account holder must have a zero-balance salary account and remain employed with the corporate. The zero-balance facility also extends to Salary Family Accounts for employees of approved corporates, as long as the primary account holder meets the criteria. Initial payment criteria may apply based on the salary account variant.

You can open a Salary Family Account online by following a simple application process. Click here to apply for a Salary Family Account in India.

The Salary Family Account features zero balance requirement, an instant Welcome Kit with MoneyBack Debit Card and Cheque Book, and NetBanking offers.

The benefits of the Salary Family Account include complimentary personal accident insurance of ₹11 lakh valid on the Salary Account and Debit Card, air accident insurance of ₹1.05 crore valid on the Salary Account and Debit Card, fire and burglary overdraft protection for items purchased under the Debit Card with a sum assured of ₹2 lakh, and loss of checked baggage sum assured of ₹2 lakh.

Check the list of documents to open a Salary Family Account online Click here.

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 
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

 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

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 
For more details on the outstation cheque collection policy, click here. For other queries, Contact Us.