Most organisations have tie-ups with specific banks as they provide some additional facilities to the organisation’s employees. Often, companies have these tie-ups with more than one bank and hence, the HR of the company might suggest the two banks as options to open the savings account with them.

However, it is not mandatory for you to open an account with either of them if you don’t want to.

Having said that, it is suggested that you open an account with the bank the company has a tie-up with because then you can be sure of getting your salary on time.