SBI State Govt Employees Salary Account Benefits

SBI State Govt Employees Salary Account Benefits. State Bank of India benefits for State Government Salary Package Accounts. SGSP also known as SALARY ACCOUNTS UNDER STATE GOVERNMENT SALARY PACKAGE (SGSP). Salary Accounts under SGSP a gamut of privileges and other value added services to the employees of State Government, Union Territories and their Boards/Corporations. Salary Accounts under this package are available in four variants, namely Silver, Gold, Diamond and Platinum depending on the designation of the personnel.

SBI State Govt Employees Salary Package Benefits

Please contact your nearest SBI for exact details at present.......
Package variants available as per designation of personnel
  • SILVER: Gross Monthly Salary from 5000 and up to 20000
  • GOLD: Gross Monthly Salary from 20,000 and up to 50,000/-
  • DIAMOND: Class 2 Employees i.e., Gazetted Officers, Asst Directors or Employees with Gross Monthly Salary from 50,000 and up to 1,00,000/-
  • PLATINUM: Class I Executive Grade 1 Like Commissioners, Collectors and HOD, Directors, PS, Secretary or Employees with Gross Monthly Salary 1,00,000/-
Benefits to the Employer 
  • Hassle-free account opening process. On request, our officials will visit your premises to on-board your employees. Employees can also opt to open their accounts online or by visiting the nearest branch.
  • A convenient way to manage salaries across a large number of centres, through the Bank's award-winning Corporate Internet Banking.
  • Online facilities reduce paperwork and salary administration cost. Enjoy instant credit of salaries to your employees' accounts.
  • Zero charge for salary disbursement.
  • Equipping your employees with a power-packed Salary Account that is trusted by the largest organisations in India.
Benefits to the Employee
  • Zero balance account and free unlimited transactions across ATMs of any Bank. Also comes bundled with SBI Credit Card.
  • Complimentary Personal Accident Insurance (Death) cover up to Rs. 20 Lakhs.
  • Complimentary Air Accident Insurance (Death) cover up to Rs. 30 Lakhs.
  • Avail of Personal Loans, Home Loans, Car Loans and Education Loans at attractive rates and upto 50% off on processing fees.
  • Upto 25% off on locker charges
  • Avail of Auto-Sweep to create e-MODs (Multi Option Deposits) and earn higher interest.
  • Avail of Demat & Online Trading A/c at the time of on-boarding itself.
  • Free issuance of Drafts, Multi City Cheques, SMS Alerts. Free online NEFT/RTGS.
  • Overdraft equivalent to 2 Months Net Salary (Currently available for select customers only)
  • Earn points on various transactions through our loyalty program State Bank Rewardz.
  • Host of regular offers on Debit Cards and State Bank Buddy (e-Wallet)
Documents required for opening a Salary Account:
The following documents are needed:
  • Passport size photographs (2 nos.)
  • Certificate/letter of identity /address issued by the employer
  • In addition to the certificate/letter issued by the employer, at least one of the officially valid documents as provided in the Prevention of Money Laundering Rules (viz. passport, driving licence, PAN Card, Voter's Identity card, etc.) or utility bills for KYC purposes for opening bank accounts of salaried employees.
  • Joint Accounts ...For joint accounts the above documents are required for both, the applicant as well as the joint applicant(s).
  • For more details contact your nearest branch.
How to Change SBI Savings Account to Salary Account
  1. Write an application to change your account type to respective salary account with proof of your job (e.g. Salary Slip, Service Certificate etc). This process holds true if you are working at Central Government or State Government or PSU.The request for conversion of normal saving Bank account to salary account cannot be submitted by you directly to the branch. Submit it through your DDO.
Request Letter Model is given below

Letter from SBI Officials showing the Salary Account Benefits

21 comments:

  1. Good and updated info given by u sir. Excellent service. Thank you

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  2. It is very useful to all employees . every employee concert in to this sceme.

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  3. Sir, zp management teachers are eligible for it?

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  4. Sir, zp management teachers are eligible for it?

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  5. Truly decided bank employees this fake msg sir's

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  6. I AM GETTING MY SALARY THROUGH SBI VARKALA BRANCH SINCE LAST 5 YEARS, BUT THAT ACCOUNT WAS MY SB ACCOUNT. I REQUESTED THE BANK TO CONVERT MY SB ACCOUNT TO SALARY ACCOUNT. THEY TOLD ME THAT ITS NOT POSSIBLE.BETTER TO APPROCH HDFC OR ANY OTHER BANK. is any body can help me to get my salary account in SBI? 9446059596

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    Replies
    1. SBI offers this package. Try to consult the manager along with an application. I have converted my a/c

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    2. Please contact your branch along with the following documents
      1. Pay Slip
      2. PAN Card
      3. AADHAR Card
      4. Employee ID card

      and fill up the form available at SBI branches for converting SB to Salary Package Accounts and hand over them to your branch manager and your process will be completed within 5 minutes
      It will take one day for conversion

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  7. Nice information;i converted my s.b. a.c. into sgsp a.c in SBI,KAVITI

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  8. I submitted my application for for conversation of an account to sgsp how should I know that it had been converted

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    Replies
    1. Login into your internet banking and check the statement or logging into SBI anywhere app

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    2. Login into your internet banking and check the statement or logging into SBI anywhere app

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  9. Thank U for giving valuable information

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