Monday, September 4, 2017

State Govt Employees SBI Salary Account Benefits-How to Change SBI Savings Account as Salary Account SGSP of State Govt Employees and Teachers-Download Request Letter

SBI State Govt Employees Salary Account Benefits-Change SBI Savings Account as Salary Account SGSP of State Govt Employees and Teachers-Download Request Letter
State Bank of India offering many offers to State Government Employees when they have salary accounts with them. Download Request Letter or Application Form to convert your saving accounta as Salary Account if you are an Employee in State Govt of Telangana/Andhra Pradesh. Teachers and Employees may have many concessions if they convert their Bank Accounts as Salary Accounts at Rate of interests, ATM Transactions, Loans Insurances and many more.

SBI State Govt Employees Salary Account Benefits-Change SBI Savings Account as Salary Account SGSP of State Govt Employees and Teachers-Download Request Letter

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

  1. SILVER: Gross Monthly Salary from 5000 and up to 20000
  2. GOLD: Gross Monthly Salary from 20,000 and up to 50,000/-
  3. 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/-
  4. 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:
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.

SBI Circular
Application Form

Share this post

Related Posts

AP Latest Updates