SALARY ACCOUNTS UNDER DEFENCE SALARY PACKAGE (DSP)
ARMY/NAVY/AIR
FORCE RASHTRIYA RIFLES (RR), ASSAM RIFLES AND GENERAL RESERVE
ENGINEERING FORCE (BORDER ROADS ORGANISATION) GREF-BRO
Salary
Accounts under Defence Salary Package offers many concessions in
service charges for serving as well as retired Defence personnel of
Army/ Navy/ Air Force/Indian Coast Guard/ Assam Rifles, as well as
Rashtriya Rifles (RR) and GREF [Border Road Organization (BRO)] having
their Salary/Pension accounts with SBI.
Available
in four variants, namely Silver, Gold, Diamond and Platinum categorized
on the rank of the personnel of Army, Navy ,Air Force, Assam Rifles, RR
and GREF (Border Road Organization). PBORs are categorized in Silver
Variant, Officers are categorized under Gold, Diamond and Platinum
Variants.
Features of DSP
>> Convenience of Anywhere Banking at
- The largest network of more than 16,000 Core Banking Branches Extensive alternative channels.
- 53,000 plus ATMs of State Bank Group
- Free Internet Banking, Mobile Banking
>> Complete gamut of Banking Services including:-
- Unique Lifetime Account Number;
- Zero Balance Account facility with no penal charges for non-maintenance of minimum balance;
- Auto
sweep (in & out) facility (on request)-Surplus amount in Savings
bank account beyond threshold balance is transferred automatically into
Term Deposits (multi option deposits) in multiple of Rs.1000/- and vice
versa
- Free Personal Accident Insurance (Death) Cover to Primary Salary Package Account
- Free personalized Multi City Cheques
- Free Drafts*/RTGS*/NEFT*
- Free
Core Power: Anywhere banking facility with the widest network of more
than 16,000 branches. Free updating of pass-books at any branch
- Easy overdraft up to 2 months' salary repayable within 6 months
- SMS Alerts
- Free Debit Cards
- Domestic cards for Silver Accounts, Gold Debit cards for Gold and
- Diamond Accounts and Platinum Debit Card for Platinum Accounts.
- Maximum daily withdrawal of Rs. 40,000 on Domestic Cards, Rs. 50,000 on Gold Cards and Rs. 1,00,000 on Platinum Cards.
- Various Personal loans like Home loan/ Auto loan/ Xpress Credit loan, etc. at attractive terms
- Demat facility, 3-in 1 Trading Account available
- Systematic Investment Plan in Mutual funds
- Range of other value added benefits
*Conditions apply
BPMS writes a letter to MoD for extension of facilities of Salary Accounts under DFS to the Defence Civilian Employees:-
BHARATIYA PRATIRAKSHA MAZDOOR SANGH
(AN ALL INDIA FEDERATION OF DEFENCE WORKERS)
(AN INDUSTRIAL UNIT OF B.M.S.)
(RECOGNISED BY MINISTRY OF DEFENCE, GOVT. OF INDIA)
CENTRAL OFFICE: 2-A, NAVEEN MARKET, KANPUR - 208001, PH & FAX : (0512) 2332222
REF: BPMS / MOD / 186 (8/1/R)
Dated: 09.05.2015
To,
The Secretary,
Govt of India, Min of Defence,
South Block, DHQ PO,
New Delhi - 110011
Subject:
Extension of facilities of Salary Accounts under Defence Salary Package
to the Industrial / Non-Industrial Civilian Employees.
Respected Sir,
With
due regards, your attention is invited to Section 6. of the Payment of
Wages Act, 1936 which stipulates that all wages shall be paid in current
coins or currency notes or in both provided that the employer may after
obtaining the written authorisation of the employed person, pay him the
wage, either by cheque or by crediting the wages in his bank account.
It
is worth to mention here that the Head of Departments / Head of Offices
of the defence installations under Army, Air Force, Navy, DDP, DRDO
etc. have successfully convinced all the industrial & non-industrial
civilian employees to draw their wages in bank account and has got the
salary account opened in nationalized bank including State Bank of
India,
Further, State Bank of India grants
some privileges/facilities to the holders of salary accounts under
Defence Salary Package, which are mentioned in annexure of this letter.
But it is painful to note that the same benefit is not being extended to
civilian employees of the same defence installation.
Therefore,
you are requested to take necessary action so that the industrial /
non-industrial civilian employees of defence installations may also get
the benefits of Salary Accounts under Defence Salary Package.
Thanking you.
Sincerely yours
Annexed: As mentioned
(MUKESH SINGH)
Secretary/BPMS
Member, JCM-ll Level Council (MOD)
Source: http://bpms.org.in/documents/salary-fqb1.pdf
