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07-01-2015, 03:41 AM

is deduction of processing fee mandatory for personal loan under psp account

jaseela123d · 17-03-2017, 10:02 AM

SALARY ACCOUNTS UNDER THE POLICE SALARIES PACKAGE (PSP)

Wage Accounts under PSP a range of privileges and other value-added services for employees of Central Police Organizations (apart from the Central Pará Military Forces), Civil Police, Armed Police and Reserve Police of all States, Police forces of the Union Territories Control of the Central Government), Force of Rail Protection (FPR) (dependent of the Ministry of Railways, Central Government) and Government Railway Police (GRP) - (part of the State Police).

The Salary Accounts under this package are available in four variants, namely Silver, Gold, Diamond and Platinum depending on the staff designation.

Benefits for the Employer

• A convenient way to manage salaries in a large number of centers through Core Power and the award winning Corporate Internet Banking

• Reduce the administrative and paperwork costs of the employer.

• No charge for wages

• Employees receive instant credit from wages

Employee Benefit

• Convenience of Anywhere Banking in

O The largest network of more than 16,000 central bank branches

O Extensive alternative channels.

Or 53,000 more ATMs from the State Bank Group

Free Internet Banking, Mobile Banking

• Complete range of Banking Services including: -

O Unique account number for life

O Zero Account Balance without penal expenses for not maintaining the minimum balance

O Auto sweeping (in and out) installation (on request) -Surplus amount in savings accounts beyond the threshold balance is automatically transferred into time deposits (multi option deposits) in multiple of Rs.1000 / - and vice versa

O Facility for automatic sweep switch On / Off via Internet Banking

O Free Personal Accident (Death) Insurance Coverage to the Primary Wage Package Account *

Free Custom Multi City Checks

O Free Drafts * / RTGS * / NEFT *

O Free Core Power: Anywhere banking facility with the largest network of more than 16,000 branches. Free passport update at any branch

O Easy overdraft up to 2 months of refundable salary within 6 months *

O SMS Alerts

O Free debit cards: National cards for silver beads, gold debit cards for gold and diamond beads, and platinum debit card for platinum beads.

O Maximum daily withdrawal of Rs. 40,000 in national cards, Rs. 50,000 in gold and Rs. 1,00,000 on Platinum Cards.

O Various personal loans like home loan / auto loan / Xpress loan, etc. under attractive conditions

O Demat Installation, 3-in 1 Trading Account available

O Systematic Investment Plan in Mutual Funds

O Range of other value added benefits

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