SALARY ACCOUNTS UNDER DEFENCE SALARY PACKAGE (DSP)

ARMY/NAVY/AIR FORCE RASHTRIYA RIFLES (RR), ASSAM RIFLES AND GENERAL RESERVE ENGINEERING FORCE (BORDER ROADS ORGANISATION) GREF-BRO

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:-

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

BPMS writes a letter to MoD for extension of facilities of Salary Accounts under DFS to the Defence Civilian Employees:-

REF: BPMS / MOD / 186 (8/1/R)

To,
The Secretary,
Govt of India, Min of Defence,
South Block, DHQ PO,
New Delhi – 110011

Subject: Extension of facilities of Salary Accounts under Defence Salary Package to the Industrial / Non-Industrial Civilian Employees.

Respected Sir,

Thanking you.
Sincerely yours

Annexed: As mentioned

Source: http://bpms.org.in/documents/salary-fqb1.pdf

The post Salary Accounts under Defence Salary Package – BPMS urges for extension to the Industrial / Non-Industrial Civilian Employees appeared first on CENTRAL GOVERNMENT EMPLOYEES NEWS.

Defence Minister Manohar Parrikar on Monday said, “The defence ministry has already finalised the OROP (One Rank One Pension) scheme. However, certain financial and administrative procedures will be followed. The first positive thing is that it has been prepared properly. It involves an amount of about Rs. 8,000 crore.”

The text of The Hindu news article “India to train defence personnel of 38 countries”

India to train defence personnel of 38 countries: Parrikar

Defence Minister Manohar Parrikar on Monday said India was planning to export defence materials and training military personnel of at least 38 countries.

“At least 38 countries are sending their defence personnel for training in India. We are encouraging them. We are giving them more slots. We are also considering supplying some sort of defence materials through export or through line of credit to the countries so that they can depend on India for their defence,” Mr. Parrikar told reporters at the sidelines of an international conference in Bhubaneswar.

Mr. Parrikar, however, said he would not be able to reveal names of the countries which are sending their personnel for training due to security reasons.

Quoting a shloka from Sanskrit scripture, Mr. Parrikar said, “A goat is sacrificed in the altar and no one dares to kill a lion. We will build our position of strength.”

However, Mr. Parrikar said, India does not want to dominate any other country but increase its own strength through partnership and friendship.

Replying to a question, the Defence Minister said, “We are organising a naval exercise in Vishakhapatanam where international fleet will participate… It will be a spectacular show of basic exercise of infrastructure.”

Asked whether China is also participating in the exercise, Mr. Parrikar said, “We are yet to send invitation. It’s an open matter. Once the list is prepared, you can know.”

On Blue Navy, Mr. Parrikar said the concept of Blue Navy will come to practice when India posts 30/40 ships at about 300/400 nautical miles from the coast.

Mr. Parrikar said, “The defence ministry has already finalised the OROP (One Rank One Pension) scheme. However, certain financial and administrative procedures will be followed. The first positive thing is that it has been prepared properly. It involves an amount of about Rs. 8,000 crore.”

About the proposal from Odisha government on a Kalinga regiment, he said, “You cannot raise a regiment by caste or region… I would ensure that defence presence is felt more in Odisha so that you can get more people trained, get more people in the army and employment,” he said.

Read more at: The Hindu

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