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Tuesday, 8 December 2020

Salary Accounts under (CSP) Corporate Salary Packge offer

 SBI CORPORATE SALARY PACKAGE (CSP)

Salary Accounts under CSP offer a range of privileges to the employees of corporate institutions, including service organisations such as hospitals, hotels, transport corporations etc. The package can be customised depending upon the business relationship between the Corporate/ Institution and the Bank

Package Variants eligibility is as per Net Monthly Salary

  • PLATINUM: ABOVE `1,00,000/-
  • DIAMOND: ABOVE `50,000/- AND UPTO `1,00,000/-
  • GOLD: ABOVE `25,000/-AND UPTO `50,000/-
  • SILVER: BETWEEN `10,000/- AND UPTO `25,000/-

This will determine your eligibility for variant of Debit Card, Quantum of Insurance coverage, Loyalty Program benefits etc.

Benefit 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.

Benefit 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.
  • 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 SBI Rewardz.
  • Host of regular offers on Debit Cards and YONO by SBI

Digital Platform
  • Internet Banking (INB) 
  • State Bank Anywhere : Mobile Banking App 
  • State Bank Buddy: Mobile Wallet 
  • SBI Mingle : Social Media Banking Platform 
  • SBI Smart Watch: Application for wearable devices (Android & Apple Watches) 
  • SBI Quick: Missed Call Banking 
  • SBI Video Statement  

Add on covers*: 
• Cost of Plastic Surgery / Burn (only for Gold, Diamond, Platinum) - Rs. 2 lakh 
• Transportation of Imported Medicine (only for Gold, Diamond, Platinum) - Rs. 1,00,000/- 
• Death after Coma after accident (more than 24 hrs) - Rs. 2 lakh 
• Air Ambulance – Rs. 5 lakhs 
• Higher Education (only Graduation)- 10% of PAI cover, maximum Rs. 2 lakh 
• Girl Child Cover-Marriage (18-25 age) – 10% of PAI cover, maximum Rs. 2 lakh 
• Family Transportation - Rs. 20,000/- (cost of travel incurred by immediate 2 family members to reach place of accident) 
• Repatriation of mortal remains - Rs. 20,000/- 
• Ambulance charges-Rs. 1,500/- 

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