Emoployees SBI Salary Account Revised Benefits 2020 – SBI SGSP Account Revised Finacial Benefits pdf

Revised Finacial Benefits of SBI State Government Salary Package(SGSP) for Govt Employees and Teachers

Emoployees SBI Salary Account Revised Benefits 2020 – SBI SGSP Account Revised Finacial Benefits pdf : How to convert savings account to salary account in sbi. Revised Finacial Benefits of SBI State Government Salary Package (SGSP) for Govt Employees and  Teachers. SBI Salary Account Holding Facilities SBI SGSP Account Revised Benefits. How to convert sbi account to sgsp. If we have an SGSP (State Government Salary Package) account with SBI, the bank will provide many facilities. Recently these benefits have been further enhanced and additional benefits are included under this package. Download the following file and find out the total benefits.

Emoployees SBI Salary Account Revised Benefits 2020 – SBI SGSP Account Revised Finacial Benefits pdf

How to Change SBI Savings Account as Salary Account SGSP of State Govt Employees and Teachers and Download Request Letter pdf. The salary account is one of the many services that the bank offers its customers. Sbi salary account documents required, sgsp account benefits in telugu. SBI has a variety of salary accounts, each developed to benefit a specific group of working professionals. AP and Telangana Emoployees SBI Salary Account Revised Benefits 2020 – SBI SGSP Account Revised Finacial Benefits pdf download.

Download SBI SGSP Account Revised Finacial Benefits pdf
How to convert savings account to SBI salary account

Emoployees SBI Salary Account Revised Benefits 2020
Variants			Silver				Gold		Diamond		Platinum
Net Salary(Rs)			10000-25000				25001-50000		50001-100000		>100000
Min. Balance			·   NIL
SMS Facility			Free
Multi City Cheques (Payable at par at all Branches)			·    Cheque Leaf charges: NIL ·    Payment Charges: NIL
RTGS/NEFT			·    Unlimited Free through Alternate Channels( i.e. Internet Banking, Mobile Banking etc)
Demand Draft			·    Unlimited Free, if issued through Salary Account
Setting up SIs			·    Free
Attractive Interest Rates on Retail Loans			·    SBI  Car  Loan  Scheme:  50 bps concession, i.e. 75 bps above 1 year MCLR, i.e.9.30% p.a* ·    Personal  Loan  Scheme:  Interest Rate starts from 12.00% with daily reducing balance (Term Loan) Over Draft Rate of Interest starts from 12.50 % ·    Special  concessions  of  0.50%  in  Rate  of  Interest  for personal Loan where Check off is provided from DDO (Salary Disbursing officer) and for personal loan above 10.00 Lacs. ·    Educational  Loan-  upto  7.50  Lacs  10.55%  (Without  security)  and above 7.50 lacs 10.80% (with security and collateral/Mortgage) ·    Interest  Concession  for  Girl  Student-0.50%  interest  concession  in interest rate and another 0.50% Interest concession for availing SBI Rinnraksha policy for loan amount. ·    SBI  Scholar  Loan  Scheme:  8.75% for AA Institutes and for IIMs/IITs 8.90% ·    SBI  Global  Ed-vantage  Scheme-(Foreign  Education  Loan)  –  Above 20.00 Lacs & upto 1.50 crores interest starts from 10.80% with 0.50% concession  for  girl  students  and  0.50%  Interest  concession  on availing Rinnraksha policy for loan amount. ·    Take over Collateralised Education Loans for above 10.00 Lacs from private Banks and private Institutions. ·    Home   Loans:  For  purchase  of  Flats/construction  of  House  and purchase of Plot (N.A Land) and Loan on Property with lowest rate of interest in the market.
Concession in locker charges								No  concession to Silver & Gold Variant Account Holders		15%                of applicable rate	25 % of applicable rate
Size	Locker Rent in Rs.
	Metro & Urban			Rural & Semi Urban
Small	1500			1000
Medium	3000			2000
Large	6000			5000
Extra Large	8000			7000
A T M cum Debit Card			Free,    Domestic Classic      Debit Card					Free, International# Gold Debit Card			Free  International# Platinum        Debit Card
			Withdrawal limit per   day   Max. Rs.20,000/-   per day					Withdrawal limit per day Max. Rs.50, 000/- per day			Withdrawal      limit per      day      Max. Rs.1,00,000/-      per day
			Transactions limit  per  day  at POS/   Merchant Establishments Rs. 50,000/-					Transactions    limit    per    day    at    POS/    Merchant Establishments Rs. 2,00,000/-
			·  #Issued to those account holders who consent to issuance of International Debit Card ·  No annual maintenance charges ·  Add on card for spouse free of cost for joint account holder
Transactions at ATMs			·   State Bank ATMs : Unlimited Free ·   Other Bank ATMs: Unlimited Free
Charge on Issue of Duplicate Account statement			Normal Rates				Normal Rates			Waived	Waived
Easy  Overdraft  up to 2 Month’s Net salary, subject to min residual  service of 6  months			Maximum limit Rs.40,000/-				Maximum limit Rs.75,000/-			Maximum limit Rs.1,50,000/-	Maximum limit Rs.2,00,000/-
Auto Sweep   Facility (Available  only on customers request)			·    Threshold Amount: Rs.35,000/- ·    TDRs/STDRs to be created for a minimum amount of Rs.10,000/- (and in multiples of Rs.1,000) in any one instance
Passbook			·    Available for all accounts Free updating at Non Home Branches ·    Bar Code will be provided on Account passbooks for printing 24/7 at SBI Kiosks
Internet Banking			·    Free facility offered from SBI ·    Charges applicable to third party sites like Railways etc. payable
Core Power (a)Transactions at Non home Branches (b)Transfer of  funds between SBI branches			·    Free
State Bank Rewardz points for online transactions			1x				1.25x		1.5x		2x
SBI Foreign Travel Card			·    For employees going abroad on official assignment, with facility of multiple loading
Complementary Benefits
Personal         Accident Insurance (Death)cover (Available   for   active Salary  accounts  even if balance is zero and without any ATM/POS transaction,    terrorist attack also covered)				Rs.1 lakh			Rs.5 lakh		Rs.15 lakh		Rs.20 lakh
Additional       Personal Accident       Insurance Cover    on    Gold    and Platinum    ATM    Card (Death Only)				—			Rs.2 lakh		Rs.2 lakh		Rs.5 lakh
Additional       Personal Air                     Accident Insurance    Cover    on Gold     and     Platinum ATM      Card      (Death Only)				—			Rs.4 lakh		Rs.4 lakh		Rs.10 lakh
Air Accident Insurance (Death) cover (only   when   the Air Ticket has been purchased using State Bank Debit Card/ Internet Banking)				NIL			Rs.5 lakh		Rs.20 lakh		Rs.30 lakh
Purchase protection (Cover loss of goods purchased due to theft/ burglary /house break within 90 days of purchase of goods				Rs 200000/- (Salary Package Holder, all Master Card/ Maestro/VISA variants)
Lost Card Liability (Covers unauthorised usage   of lost/stolen debit  card. 2 days  pre reporting and 7  days post reporting  claims covered.  PIN/OTP based       transactions not covered				Nil			Rs 80,000/-		Rs 80,000/-		Rs 2,00,000/-
Add on covers  on ATM cumdebit card: a)   Family transportation        & transportation       of mortal remains.							Maximum cover Rs 50,000/- (In decease of PAI claim is accepted as valid then expenses incurred in transporting 2 immediate members t hospital and expenses incurred in transporting the mortal remains.
b)   Checked                   in baggage loss cover							Maximum is Rs 25000/- loss cover for lost baggage during air travel
Add on Cover (Applicable in case of Accidental Death)  for all variants				i.  Cost  of  Plastic  Surgery  /  Burn  (for  Gold,  Diamond,  Platinum)– maximum Rs. 2 lakh ii.  Transportation of Imported Medicine (for Gold, Diamond, Platinum)- maximum Rs. 1 lakh iii.  Death after Coma after accident (more than 24 hrs) – Rs. 2 lakh iv.  Air Ambulance – maximum Rs.5 lakhs v.  Girl Child Cover: a. Higher Education (only Graduation)- 15% of PAI cover, maximum Rs.
				4 lakh
				b. Marriage (18-25 age) – 10% of PAI cover, maximum Rs. 2 lakh
				vi.  Family  Transportation  –  Rs.20,000/-  (cost  of  travel  incurred  by immediate 2 family members to reach place of accident) vii.  Repatriation of mortal remains – maximum Rs.20,000/- viii.  Ambulance Charges: Rs 1500/-
eZ      trade      (3-in-one A/C:    Demat,    Share Trading and SB A/C)				·    Available
National Pension System (NPS)				·    Available ·    (Remittance can be made by deposit of cash at any SBI branch, or transfer through Internet Banking)
Public Provident fund (PPF)				·    Scheme offered by Govt of India through SBI at all Branches of SBI. ·    Minimum subscription 500 maximum ceiling 150000/- ·    Interest Rate :8.00% with annual interest. ·    (Remittance can be made by deposit of cash at any SBI branch, setting up of SI on Savings account, Internet Banking)
Sukanya Samriddhi Scheme (SSA)				·    To promote the welfare of Girl Child –Govt of India through SBI at all branches of SBI introduced SSA upto two girl children with minimum 1000 and annual ceiling of 150000 in a financial year ·    Tenure-21 years from the date of opening of account ·    Maximum period-15 years from the date of opening of account. ·    Interest Rate :8.60% with Tax rebate under 80C of the IT Act. ·    Withdrawal : 50% of the balance lying in the account at the end of financial year for the purpose of higher education, marriage after attaining the age of 18 years.
Senior Citizen Savings Scheme (SCSS)				Senior Citizen Saving Scheme (scheme by Government of India available at designated branches of SBI with rate of interest @ 8.70% (present rate) with quarterly interest Any retiree from service above 55 years and 60 years are eligible upto maximum amount of 15.00 Lacs
SBI Mutual fund				·    Services available of AMFI Certified Employees at SBI branches. Free of cost auto debit/ debit to SB account for SIPs for subscriptions to Mutual funds
SBI Credit Card*				·    Range of exclusive Credit Cards with attractive features including shop and smile reward programme
Digital Platform				§    YONO- You Only Need One §    Internet Banking (INB) §    YONO Lite  : Mobile Banking App §    SBI YONO : Banking and Shopping App with daily attractive offers. §    SBI Samadhan App