GOOD NEWS- PERSONNEL ACCIDENT INSURANCE LIMIT IS ENHANCED IN SBI DSP ACCOUNT.

 

SALARY PACKAGE ACCOUNT IN SBI FOR DEFENCE SERVING PERSONNEL AND PENSIONERS.

 The SBI authorities have entered in to a MOU  with ARMY. AIR FORCE  AND CRPF enhancing the  Personnel Accident Insurance  (PAI) limit.

By this MOU,   the existing limit of  30 lacs  is enhanced to 50 lacs.

For Army…. From 30 lacs to  50 lacs  w.e.f    14-01-2025

For Air Force         30 lacs to 50 lacs    w.e.f.    04-02-2025

For  CRPF…………….30 lacs to 50 Lacs  w.e.f    04-02-2025

All other existing benefits will continue.

All our veterans are requested to convert their existing Normal SBI account  and

  ATM Debit cards  into  DSP account  to avail this benefit. 

Authority:  SBI- Resources/SPA/2024-25/652  dated 27-02-2025