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17th December 2015, 09:44 AM
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Join Date: May 2012
Re: DSP Account in State Bank of India

State Bank of India is an Indian multinational, Public Sector banking and financial services company. It is a government-owned corporation with its headquarters in Mumbai, Maharashtra. State Bank of India is one of the Big Four banks of India.

Defence Salary Package DSP

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 having their Salary/Pension accounts with SBI.

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:-

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
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
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
Free Personal Accident Insurance (Death) Cover to Primary Salary Package Account*
Domestic cards for Silver Accounts, Gold Debit cards for Gold and Diamond Accounts and Platinum Debit Card for Platinum Accounts.


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