SBI SGSP Account benefits
STATE GOVERNMENT SALARY PACKAGE (SGSP) ACCOUNT
➤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 eligibility is as per Net Monthly Salary
SILVER: BETWEEN Rs:10,000/- AND UP TO Rs:25,000/-
GOLD: ABOVE Rs:25,000 AND UP TO Rs:50,000/-
DIAMOND: ABOVE Rs:50,000 AND UP TO Rs:1,00,000/-
PLATINUM: ABOVE Rs:1,00,000/-
Benefits to 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 Loans, Home Loans, Car 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.
Free issuance of Drafts, Multi City Cheques, SMS Alerts.
8. 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 SBI Rewardz.
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