Transferring HDFC salary account from one company to another

During the onboarding process with new company give your HDFC salary account number. They will map it .

This account remains salary account as long as every month there is a credit of more or less same amount irrespective of the deposing company 

Tjs15 wrote:

This account remains salary account as long as every month there is a credit of more or less same amount irrespective of the deposing company 

I'm asking this because if I remember correctly, at least for HDFC, each company has a different code called "company code". The company which I worked for had some code x and product code was 113.

I remember this because I was very much interested in the millennia debit card but because of my company's code and product code, they were not willing to provide me the millennia debit card. They said that only platinum debit card is free with your salary account. I visited several different HDFC branches in my area and all said that for this product code and company code we can only provide the platinum debit card only for free otherwise millennia would be chargeable.

So, I thought I'll have to request for company code change to continue the benefits of salary account.

Have you been personally using the way you have suggested in HDFC?

Cc: @Sudarshan61 @dealdo

Nothing needs to be done. Having 20 year old salary account in hdfc and have changed several companies. Just update bank details in new organisation

Dealo wrote:
Account are not company specific..just share your existing account details to new account. It's that simple

saxena_ wrote:

I'm asking this because if I remember correctly, at least for HDFC, each company has a different code called "company code". The company which I worked for had some code x and product code was 113.

I remember this because I was very much interested in the millennia debit card but because of my company's code and product code, they were not willing to provide me the millennia debit card. They said that only platinum debit card is free with your salary account. I visited several different HDFC branches in my area and all said that for this product code and company code we can only provide the platinum debit card only for free otherwise millennia would be chargeable.

So, I thought I'll have to request for company code change to continue the benefits of salary account.

Have you been personally using the way you have suggested in HDFC?

Cc: @Sudarshan61 @dealdo

I had salary account with hdfc during 2017-18 and then after i left the job, asked my RM if i need convert it to regular savings account, she said its better to keep it as salary account as platinum debit card is free with it. So i think irrespective of the company, salary account holders get platinum card only.

Tjs15 wrote:

I had salary account with hdfc during 2017-18 and then after i left the job, asked my RM if i need convert it to regular savings account, she said its better to keep it as salary account as platinum debit card is free with it. So i think irrespective of the company, salary account holders get platinum card only.

Dealo wrote:
Account are not company specific..just share your existing account details to new account. It's that simple

insta wrote:
Salary account in hdfc by default get timespoints debit card

This might have changed recently, one of my friends for times card but earlier it was easyshop platinum debit card 

As several dimers indicated, nothing needs to be done. Your new company would have a portal to update your salary bank acc no, just put your existing account no. And if its a small company with no such portal, then just provide your existing bank details to HR.

And yes, salary accounts do have company code attached, but it is not at all necessary to change them. Now if only for any specific purpose you need to change the company code, then you need to send a document (obtained from your company) to HDFC. But rest assured, things would work just fine as long as you're receiving salary timely. Actually, for me, even without salary for 1.5+ year it just worked fine as I transferred 20k fixed every month from my other account.

@saxena,  you should be able to choose the company name/code somewhere in the profile section in HDFC net banking.

gischethans wrote:

@saxena,  you should be able to choose the company name/code somewhere in the profile section in HDFC net banking.

Where did you find this option? I can't see anywhere

atx88 wrote:

As several dimers indicated, nothing needs to be done. Your new company would have a portal to update your salary bank acc no, just put your existing account no. And if its a small company with no such portal, then just provide your existing bank details to HR.

And yes, salary accounts do have company code attached, but it is not at all necessary to change them. Now if only for any specific purpose you need to change the company code, then you need to send a document (obtained from your company) to HDFC. But rest assured, things would work just fine as long as you're receiving salary timely. Actually, for me, even without salary for 1.5+ year it just worked fine as I transferred 20k fixed every month from my other account.

Got it. Thank you and @ Tjs15. I'm joining a better company with almost 3x increment in my salary. So I was wondering if changing company code and all would help me to get a better LTF card from HDFC. Currently I have the basic moneyback which is just collecting dust in my wallet  

saxena_ wrote:

Where did you find this option? I can't see anywhere

You have to do it here:

 https://leads.hdfcbank.com/applications/webforms/apply/account-mapping-by-customer/index.aspx?pcode=_CSA_Microsite_ibm

Sudarshan61 wrote:

During the onboarding process with new company give your HDFC salary account number. They will map it .

pappupaltan wrote:
@saxena  - above is the right way to go about it. if they have HDFC bank reps during the induction, provide you account details to him/her. They will take care. 

MrKool_JJ wrote:
+1
Why to create a new account?

I wasn't asking about creating a new account. I was asking if I needed to change the product code etc.. since it's a better company, I was hoping changing product code might help in getting at least LTF millennia/regalia upgrade

saxena_ wrote:

I wasn't asking about creating a new account. I was asking if I needed to change the product code etc.. since it's a better company, I was hoping changing product code might help in getting at least LTF millennia/regalia upgrade

MrKool_JJ wrote:
Not sure if that matters.
You're relationship with them and cibil will play a vital role here.

Anyone converted from saving to salary? Or they automatically convert after few month of salary credit

amiableashish55362 wrote:

You have to do it here:

 https://leads.hdfcbank.com/applications/webforms/apply/account-mapping-by-customer/index.aspx?pcode=_CSA_Microsite_ibm

Yep. This is the only correct way, as instructed by corporate relationship manager. Or through mobile:

1. Open HDFC app( do not login)

2. Click more.

3. Salary account services

4. Update employer details

sauravDD wrote:

Anyone converted from saving to salary? Or they automatically convert after few month of salary credit

No, you'll have to visit your branch. Ask your corporate relationship manager to share the company code  with you. You share the company code with the branch employee and it'll be converted soon