The Corporate Salary
Account loved by HRs &
employees
Get a free HRMS, discounted health insurance and 0-interest
loans for employees.
powered by
Trusted by HRs and employees from 1,500+ companies
Upgrade your account with these corporate salary account benefits:
Lifetime-free HRMS
Save up to ₹1,50,000 on monthly HRMS costs with sumHR – the leading software for payroll, attendance tracking, and more
Awarded Best HRMS 3 years in a row
Discounted employee
health insurance
Save up to ₹2,205 per employee. Get full coverage from day one and free medical consultations.
Mini Loans at 0% interest
Give your employees access to interest-free loans, credited instantly to their Salary Account.
Easy Payroll Management
Get a payroll portal that lets you process bulk salary payments seamlessly.
Jupiter for Teams
Book a slot with us!
Or drop us an email on salary@jupiter.money
Rated 5 stars by employees
1% cashback on spends
Earn 1% extra when you
spend using
your Debit Card & UPI
The most rewarding
Salary Account
Zero hidden
charges
Zero
Forex Fee
Instant Mini
Loans up to
₹75,000
Free
Debit Card
Earn ₹1,000
per
referral
Improve the financial wellness of your employees
Help your employees track spends, save money,
invest regularly, and get rewarded with cashback.
Track spends by
Category.
Take control with
Insights!
Invest in
Mutual
Funds, Fixed
Deposits, and
Digital Gold
Earn up to
6.8%
Interest with
Recurring
Deposits in Pots
powered by
A Corporate Salary Account
that's simply better
You are in safe hands
Max Trust
We host your account in
Federal BankMax Security
Bank-grade security and ISO
and PCI compliantMax Safety
Your money is insured up to
₹5,00,000Frequently asked questions
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It's completely free.
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If you have an existing account with another bank, you can continue using it for business banking. You can still use Jupiter Corporate Salary Account for your employees with discounted medical insurance, 0% interest loans, 0 forex fees, and more. Ultimately, you get the best of both worlds.
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It is 100% safe. Jupiter Corporate Salary Account is hosted in an RBI-licensed bank (Federal Bank) and the money in the account is insured up to ₹5,00,000.
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We support companies of all sizes. From 2-person businesses to organizations that have over 1000 employees.
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Jupiter Corporate Salary Account helps you save up to ₹50,00,000 yearly by cutting down on HRMS costs, payroll software costs and health insurance costs.
You can streamline payout processes with our bulk salary payout portal
Your employees can also get loans at 0% interest, and invest in Mutual Funds and Digital Gold on Jupiter -
Your employees need to have the following to open a Jupiter Corporate Salary Account
- Physical PAN card
- A smart phone
- Mobile number linked to Aadhar card
- PAN & Aadhaar should be linked
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No initial deposit is required to open a Salary Account.
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Absolutely not, your existing relationship with banker is mostly for Business Banking. You shall continue enjoying benefits provided by your existing banker (for business banking) + enjoy additional benefits from Jupiter against your employee’s bank account. You get to enjoy the best of both worlds.
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While users are required to maintain ₹5,000 as the average monthly balance, charges up to ₹200 for not maintaining of balance. However for Salary Account users, the account is a zero balance account on consistent salary credits.
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A Federal Bank account is created for each employee. They can use the Jupiter app to pay, invest or save money without any restrictions.
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Your employees can continue using the same Salary Account with their new employer and keep enjoying our benefits.
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They can continue paying their loan with their existing bank. Jupiter's Autopay feature lets them auto-transfer any amount from their Jupiter account to their existing bank, ensuring their loan payments continue seamlessly.