STATE GOVERNMENT SALARY PACKAGE (SGSP)

Employees of State Govt. and Union Territories and permanent employee of Corporations/Boards, etc. in States in Union Territories, Including Teachers/Professors of aided School, Colleges, Universities, etc. can avail of Salary Accounts under State Government Salary Package (SGSP)
Package variants available as per designation of personnel
  • SILVER: GROSS MONTHLY SALARY `5,000/- AND UP TO `20,000/-
  • GOLD: GROSS MONTHLY SALARY `20,000 AND UP TO `50,000/-
  • DIAMOND: CLASS 2 EMPLOYEES I.E. GAZETTED OFFICERS, ASST DIRECTORS ETC OR EMPLOYEES WITH GROSS MONTHLY SALARY `50,000 AND UP TO `1,00,000/-
  • PLATINUM: CLASS 1 EXECUTIVE GRADE1 LIKE COMMISSIONERS, COLLECTORS, HOD, DIRECTORS, PS, SECRETARY OR EMPLOYEES WITH GROSS MONTHLY SALARY `1,00,000/-
bENFITS FOR THE EMPLOYEE

  1. Zero balance account and free unlimited transactions across ATMs of any Bank. Also comes bundled with SBI Credit Card.
  2. Complimentary Personal Accident Insurance (Death) cover up to Rs. 20 Lakhs.
  3. Complimentary Air Accident Insurance (Death) cover up to Rs. 30 Lakhs.
  4. Avail of Personal LoansHome LoansCar Loans and Education Loans at attractive rates and upto 50% off on processing fees.
  5. Upto 25% off on locker charges
  6. Avail of Auto-Sweep to create e-MODs (Multi Option Deposits) and earn higher interest.
  7. Avail of Demat & Online Trading A/c at the time of on-boarding itself.
  8. Free issuance of Drafts, Multi City Cheques, SMS Alerts. Free online NEFT/RTGS.
  9. Overdraft equivalent to 2 Months Net Salary (Currently available for select customers only)
  10. Earn points on various transactions through our loyalty program State Bank Rewardz.
  11. Host of regular offers on Debit Cards and State Bank Buddy (e-Wallet)

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