A reimbursement account is one in which employees are repaid for any business-related expenses they may incur. A reimbursement account is typically linked to an employee's salary account and does not require a minimum amount.
Axis Bank also helps in linking your employee reimbursement account with your salary account which will help you access reimbursed funds anytime you want and from anywhere.
The various features and benefits of an employee reimbursement account are mentioned below:
In addition to salary accounts, Axis Bank offers employee reimbursement accounts to businesses. Employees can use the account to keep track of reimbursements for company expenses that have been credited to their account. The Employee Reimbursement account bridges the gap between a salary account and a reimbursement account, making it easier for both the employer and the employees to keep track of the company's spending.
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