- Hassle-free account opening process. On request, our officials will visit your premises to on-board your employees. Employees can also opt to open their accounts online or by visiting the nearest branch.
- A convenient way to manage salaries across a large number of centres, through the Bank's award-winning Corporate Internet Banking.
- Online facilities reduce paperwork and salary administration cost. Enjoy instant credit of salaries to your employees' accounts.
- Zero charge for salary disbursement.
- Equipping your employees with a power-packed Salary Account that is trusted by the largest organisations in India.
Para Military Salary Package
- Central Armed Police Salary Package (CAPSP)
Central Armed Police Salary Package(CAPSP)
Personnel of the following Central Armed Police Forces (CAPFs) can avail of Salary Accounts under Central Armed Police Salary Package. Retired Personnels can also open / convert their accounts in CAPSP – Pension and will be eligible for all benefits mentioned below except Insurance, Overdraft and Xpress Credit.
- Central Reserve Police Force (CRPF)
- Border Security Force (BSF)
- Central Industrial Security Force (CISF)
- Sashastra Seema Bal (SSB)
- Indo Tibetan Border Police (ITBP)
- National Security Guard (NSG)
- Railway Protection Force (RPF)
- Railway Protection Special Force(RPSF)
Available in three variants, namely Gold, Diamond and Platinum categorised on the rank of the personnel
- GOLD : SUBEDAR MAJOR, INSPECTOR, SUB-INSPECTOR, ASSISTANT SUB INSPECTOR, HEAD CONSTABLE, CONSTABLE, ENROLLED FOLLOWER
- DIAMOND: DEPUTY COMMANDANT, ASSISTANT COMMANDANT
- PLATINUM: COMMANDANT, SECOND-IN-COMMAND, DIRECTOR GENERAL, SPECIAL DIRECTOR GENERAL, ADDITIONAL DIRECTOR GENERAL, INSPECTOR GENERAL, DEPUTY INSPECTOR GENERAL
- For RPF, variants will be categorised as per equivalent rank in Central Armed Police Forces.
- Benefits to the Employer
- Benefits to the Employee
- Zero balance account and free unlimited transactions across ATMs of any Bank.
- Complimentary Personal Accident Insurance (Death) cover of Rs. 30 Lakhs to all ranks.
- Complimentary Air Accident Insurance (Death) cover of Rs. 1 Crores to all ranks.(Terms & Conditions Apply).
- Complimentary Personal Accident (Permanent Total Disablement) cover of Rs. 30 Lakhs to all ranks.
- Complimentary Personal Accident (Permanent Partial Disablement) cover of Rs. 10 Lakhs to all ranks.
- Xpress Credit Personal Loans, Home Loans, Car Loans and Education Loans available at attractive rates.
- 100% waiver of processing fee on Xpress Credit Personal Loans, Car Loans and Home Loans (Actual TIR and Valuation charges will be recovered, where applicable).
- Up to 25% off on annual locker rent.
- Avail of Auto-Sweep to create e-MODs (Multi Option Deposits) and earn higher interest.
- Free issuance of Drafts, Multi City Cheques, SMS Alerts. NEFT/RTGS.
- Overdraft equivalent to 2 Months Net Salary (subject to maximum cap based on variant of account)
- Earn points on various transactions through our loyalty program SBI Rewardz.
- Host of regular offers on Debit Cards and YONO by SBI