Can salary account be transferred to another branch?

Our Core Banking facility allows you to continue with the same account at all our Branches. However for transfer of an account, you would to need to submit an application/ request letter to your home branch or get your Account transferred through Internet Banking.

Can I transfer my HDFC salary account to another branch?

HDFC Bank allows you to transfer your account from one branch to another. There will be no change in your account number. You can continue to use your existing cheque book, debit card, etc.

How do I transfer my bank account from one branch to another?

Here is how:

1. Log in to OnlineSBI by entering your username and password.
2. Then click on the ‘e-services’ option and select the ‘Transfer of Savings Account’ option.
3. Select the account you wish to transfer and you have to provide the code of the new branch.
4. Then you will get the branch name.

How will my banking operation get affected if I transfer my bank account?

After receiving the request, the account with the previous branch will be closed and the balance transferred to the new account. The new branch will allot an account number and issue a passbook and cheque book with the new bank details.

Can I convert my salary account to saving account?

Check For The Minimum Balance Requirements Your converted savings account may not be an exception. So, whenever you are converting a salary account with one bank to a regular savings account, do check beforehand the minimum balance which you will be required to maintain for that account.

How do I change my salary account?

I have shifted my account from QWER Bank (bank’s name) to (Required bank name). So kindly do me a favor, please change my salary account from QWER bank to (Required bank name), so that in future we do not face any kind of problem regarding the transfer of salary into account. (Show your actual problem and situation).

What is a salary transfer letter?

A salary transfer letter is basically a letter issued by an employee’s company, where the employer in a company addresses a letter on the company’s letterhead, mentioning that salary of the employee mentioned in the letter would be credited only to the bank, which will approve the loan.

How can I transfer my bank account from one branch to another online?

How can I transfer my salary from one bank account to another?

Contact your employer in writing and all them to transfer the salary to your new bank account. They are bound to honour your request. , BSc. CAIIB Banking, Rashtrasant Tukadoji Maharaj Nagpur University (1977)

What happens when you transfer your bank account from one branch?

When you transfer your bank account from one branch to another all the details such as your account number, customer id, etc. will remain the same. The banks will issue you a fresh cheque book with your new address printed on it. Some banks ask you to surrender your chequebooks, passbook and debit card before you transfer your account.

Can I have a salary account in any bank?

One can have salary account in any bank of his choice as banks have migrated to CBS and linked through RBI for interbank fund transfer mechanism like NEFT/RTGS. However various companies advise employees to open the account in the same bank where the company is having account for easy internal transfer which will take less time than NEFT/RTGS.

What is a salary transfer letter to a bank?

Employees Salary Transfer Letter to Bank Employees salary transfer letter to a bank is a letter from the manager of a company addressing that salary of an employee would be deposited in that particular bank and they will not deposit it to any other bank or any other account unless this bank provides a clearance certificate.