A salary account offers numerous benefits for salaried individuals beyond just depositing monthly pay checks. It allows seamless banking with features like zero balance requirements, high-interest earnings, free online transactions, and insurance coverage. If you wish to avail these advantages, opening a salary account online is quick and convenient. This article provides a step-by-step guide to opening an online salary account.
Step-by-Step Process
Follow these simple steps to open a salary account online:
- Visit Official Website: Go to the IDFC FIRST Bank website – https://digital.idfcfirstbank.com/apply/salary to begin your online application.
- Account Selection: Choose the type of salary account you wish to open – Platinum Plus or Classic Plus. Each has different features, charges, and eligibility criteria regarding minimum salary requirements.
- Data Entry: Complete the online application form with the required personal and employment details. Make sure to enter accurate information.
- Document Upload: Upload scanned copies of your Aadhaar card, PAN card and recent photograph. The images must be clear and legible for verification.
- Account Verification: The bank will verify the identity and employment documents you submitted to ensure authenticity. You may need to present original copies later for further in-person verification.
- Digital KYC: If you have linked your Aadhaar with your PAN, you can complete eKYC verification online through Aadhaar OTP authentication. If not, you may need to visit the bank branch later for KYC verification.
- Account Activation: Once your details and documents are verified, the bank will send your account details. You can set up online banking credentials and start using your salary account instantly.
- Employer Linking: Share your new account details with your employer so they can start crediting your monthly salary automatically. This ensures smooth monthly pay-ins.
- Debit Card Delivery: You will receive a complimentary Platinum debit card for your salary account delivered to your registered address within few working days. Activate it to start shopping and ATM withdrawals.
Follow these steps for a quick salary account opening online from the comfort of your home!
Eligibility Criteria
To open a salary account online, you must fulfil the following eligibility criteria:
- Residency Status: You can open this account if you are an Indian citizen residing in India or a foreign national living in India, meeting criteria set by the Government of India.
- Identity Proof: You need to provide your Aadhaar number and PAN number/Form 60 for identity verification.
- Employment Status
Meeting these criteria ensures you can open a salary account digitally without visiting a bank branch. Foreign nationals need to present additional documents regarding their residency status in India.
Conclusion
Opening an online salary account with IDFC FIRST Bank is quick and convenient. It hardly takes 10-15 minutes to complete the online application form. Verification and approval take just 1-2 working days if your documents are accurate. So, get ready to enjoy the array of features and benefits offered by their salary account.
Seamless salary credits, zero balance requirements, high-interest earnings, free online banking, and insurance coverage – these perks make your money work harder when you open your salary account digitally!
