Saturday, 6 July 2019

SBI SGSP State Government Salary Package for Govt Employees

SBI SGSP State Government Salary Package for Govt Employees


SBI SGSP State Government Salary Package for Govt Employees will be given by the State Bank of India for State Govt Employees. SGSP Appplication form download, Types of SGSP State Government Salary Package, State Government Salary Package Variants, Regular Government Employees Salary Account can be converted in to State Government Salary Package. sbi-sgsp-state-government-salary-package-for-state-government-employees.html

SBI is offering State Government Salary Package to the Govt Employees who are working in the State Government Departments. under this Package SBI is providing so many benefits to the employees.

State Government Salary Package concessions detailed in the package will be applicable only to the permanent employees of all State Governments and Union Territories who maintain their Salary accounts with us. The Concession on Home Loans, Auto Loans and Xpress Credit loans will be available up to 31.10. 2011 and will be continued thereafter subject to review.

To facilitate mining of information in CBS:
a) The Customer Type will be 010215, which needs to be captured while opening/
converting the existing CIF of personnel of State Governments and Union Territories.

b) The Product Codes will be as under:
1096- 1431 SBCQ- SGSP-PUBIND-SILVER-INR 
1096-1441 SBCQ-SGSP-PUBIND-GOLD-INR
1096-1451 SBCQ-SGSP-PUB-DIAMOND-INR 
1096-1461 SBCQ-SGSP-PUBIND-PLATINUM-INR

The Package will come in four variants, which will be distinguished by the designation of
the employees rather than their salaries. (Refer Annexure I)

All new accounts should be opened with Non-Personalised Welcome Kits (NPWKs).
Please ensure that adequate supplies of NPWKs are requisitioned. Non availability of NPWKs should however not be a reason for delay in opening of accounts.

The existing accounts of employees of State Governments and Union Territories opened as ordinary Savings Account or CSP accounts can be converted into SGSP accounts.
Please obtain application from the individual account holders as per Annexure III requesting for conversion of existing accounts to SGSP.
SBI SGSP State Government Salary Package for Govt Employees

The product will be offered in 4 variants as under:-

  1. State Government Salary Package – Silver
  2. State Government Salary Package – Gold
  3. State Government Salary Package – Diamond
  4. State Government Salary Package – Platinum

Silver Debit Card

For Whom: Class 4 employees like Peons, substaff
Minimum Balance Required: Nil
ATM cum Debit Card Free. Unlimited number of transactions. Domestic Card Maestro.
No annual maintenance charges. Add on card for spouse free of cost for joint account holder.
1 lacs Personal Accident Insurance cover


Gold Debit Card:

  1. For Whom: Class 3 Employees like Teachers, Lower Divisional Clerks, Upper Divisional Clerks, excl. Police
  2. Minimum Balance Required: Nil
  3. ATM cum Debit Card Free. Unlimited number of transactions. 
  4. International Gold Debit Card. 
  5. No annual maintenance charges. Add on card for spouse free of cost for joint account holder.
  6. 2 lacs Personal Accident Insurance cover

Diamond Debit Card:

  1. For Whome: Class 2 employees i.e. Gazetted Officers, Asst Directors etc.
  2. Minimum Balance Required: Nil
  3. ATM cum Debit Card Free. Unlimited number of transactions. 
  4. International Gold Debit Card. 
  5. No annual maintenance charges. Add on card for spouse free of cost for joint account holder.
  6. 2 lacs Personal Accident Insurance cover

Platinum Debit Card:

  1. For Whome: Class 1 and Executive Grade 1 i.e.  Commissioners, Collectors, HOD, Directors, PS, Secretary
  2. Minimum Balance Required: Nil
  3. ATM cum Debit Card Free. Unlimited number of transactions. 
  4. International Platinum Debit Card. 
  5. No annual maintenance charges. Add on card for spouse free of cost for joint account holder.
  6. 2 lacs/ USD 4000/- limit for Point of Sale/Merchant Establishments

Benefits to the Employer

  1. Convenient way to manage salaries across a large number of centers through Core Power and the Bank's award winning Corporate Internet Banking
  2. Reduces employer's paperwork and salary administration cost.
  3. No charges for uploading of salaries
  4. Employees receive instant credit of salaries 


Benefit to the Employee 

  1. Unique Lifetime Account Number
  2. Zero Balance Account facility with no penal charges for nonmaintenance of minimum balance
  3. Auto sweep (in & out) facility (on request)-Surplus amount in Savings bank account beyond threshold balance is transferred automatically into Term
  4. Deposits (multi option deposits) in multiple of Rs.1000/- and vice versa
  5. Facility for Auto Sweep Switch On/Off through Internet Banking
  6. Free Personal Accident Insurance (Death) Cover to Primary Salary Package Account*
  7. Free personalized Multi City Cheques
  8. RTGS/NEFT
  9. Free Core Power: Anywhere banking facility with the widest network of more than 16,000 branches. Free updating of pass-books at any branch.
  10. Easy overdraft up to 2 months' salary repayable within 6 months
  11. SMS Alerts
  12. Free Debit Cards: Domestic cards for Silver Accounts, Gold Debit cards for
  13. Gold and Diamond Accounts and Platinum Debit Card for Platinum Accounts.
  14. Maximum daily withdrawal of Rs. 40,000 on Domestic Cards, Rs. 50,000 on Gold Cards and Rs. 1,00,000 on Platinum Cards.
  15. Various Personal loans like Home loan/ Auto loan/ Xpress Credit loan, etc. at attractive terms
  16. Demat facility, 3-in 1 Trading Account available  Systematic Investment Plan in Mutual funds
  17. Range of other value added benefits 



1 comment:

  1. I want to convert my account in SGSP STATE GOVERNMENT PACKAGE

    ReplyDelete

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