Central Government Salary Package

Salary Accounts under

Central Government Salary Package (CGSP)

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Central Government Salary Package (CGSP)

Employees of various Ministries and Departments under the Central Government, RBI and NABARD can avail of Salary Accounts under Central Government Salary Package (CGSP)

Package Variants eligibility is as per Net Monthly Salary

  • Silver: Between 10,000 and 25,000/-
  • Gold: Between 25,000 and 50,000/-
  • Diamond: Between 50,000 and 1,00,000/-
  • Platinum: Above 1,00,000/-

Employees of NABARD, RBI and Defence Civilians, CGDA, etc. will also be categorised as above.

  • Benefits to the Employer
    • 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.
  • Benefits to the Employee

    Note 1: Benefits under salary package are subject to classification of Savings Bank Account to respective Salary Package and Variant in banks system. All Customers Drawing Salary through SBI Accounts are required to apply along with proof of Salary and Proof of employment to their home branch for conversion of savings account to respective Salary Package/Variant (Conversion Forms).

    Note 2: In case, monthly salary is not credited into the account for more than 3 consecutive months, the special features offered under Salary Package will stand withdrawn and the account shall be treated as Normal Savings Account under our standard charges structure, and all charges shall be levied and applied as applicable to normal savings accounts.