Open A Salary Account In 3 Easy Steps

Open A Salary Account In 3 Easy Steps

25 April 2024 | By INDIE

Salary account opening online is a fundamental step towards ensuring timely credit of salary to your employees. These days, banking procedures have become more streamlined and accessible than ever before. Gone are the days of lengthy paperwork and tedious formalities. With just a few clicks, you can set up a salary account hassle-free.

Whether you've just started a business or are looking forward to switching to a better banking institution, having dedicated salary accounts for employees can offer a range of benefits tailored to meet their financial needs. In this guide, you’ll learn everything needed to open a salary account in just three easy steps.


3 Step Process to Open Salary Account

Step 1: Preparation to Open Salary Accounts

Before initiating the process of salary account opening online for your employees, it's crucial to make the necessary preparations to ensure a smooth experience. Here’s what you need to do:

● Firstly, conduct thorough research on various banking institutions that offer salary account services. Consider factors such as the bank’s reputation and reliability, range of banking services offered, fees and charges associated with salary accounts (if any), and accessibility of branches and ATMs.

● Secondly, gather all the required documents to open salary accounts for your employees. These typically include Identification proof (e.g., passport, driving licence, Aadhaar card), proof of address (e.g., utility bill, rental agreement), employee's PAN card, and passport-sized photographs of employees. Ensure that all documents are valid and up-to-date to avoid any delays during the account opening process.


Step 2: Application and Document Submission

Once you've completed the preparatory steps, you can initiate the process of opening salary accounts for your employees. Here's how you can proceed:

● You have two options for initiating the account opening process: online or visiting a bank branch. Most banks now offer online application facilities to open salary accounts. You can simply fill out the necessary forms and submit the required documents electronically through the bank's official website or mobile banking app. This can help save time and eliminate the need for physical paperwork.

● Alternatively, you can visit a nearby branch of the chosen bank to initiate the account opening process in person. This option allows for face-to-face interaction and personalised assistance, ensuring clarity and

● After submitting the necessary documents for account opening, the bank will proceed with the verification process. You need to ensure that all required documents are submitted accurately.

● The bank will verify the submitted documents to authenticate the identity and eligibility of the account holder. This process may involve cross-checking the provided information with external databases and conducting background checks. Once the verification is complete, the account opening process moves forward to the next stage.

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Step 3: Account Activation

Once the necessary documents have been verified and the account opening process is complete, the bank will activate the salary accounts for your employees. Each individual may receive a notification via email, SMS, or physical mail confirming the account opening. This confirmation assures them that the accounts are ready for activation.

The next step involves receiving the account details for each employee's salary account. This typically includes the account number, account holder's name, and any additional information relevant to account management. The bank may provide this information through various channels such as email, physical mail, or through the bank's online banking portal.

Once each employee has the account details, he/she can proceed with activating the accounts online or offline as per their preference and convenience. Once the accounts are active, your employees can start enjoying the related benefits, including seamless salary crediting, convenient fund transfers, and access to banking services tailored to their needs.


Opening a salary account with INDIE by IndusInd Bank can offer numerous benefits for both you and your employees alike. Through the simple three-step process outlined above, you can efficiently navigate the account opening journey, ensuring convenience and satisfaction for all parties involved.


Disclaimer: The information provided in this article is generic and for informational purposes only. It is not a substitute for specific advice in your circumstances. Hence, you are advised to consult your financial advisor before making any financial decision. IndusInd Bank Limited (IBL) does not influence the views of the author in any way. IBL and the author shall not be responsible for any direct/indirect loss or liability incurred by the reader for making any financial decisions based on the contents and information.