Defence Salary Package (DSP)
Defence personnel of the Indian Army, Indian Navy, Indian Air Force, Assam Rifles, Rashtriya Rifles (RR) and GREF [Border Road Organisation (BRO)] can avail Salary Accounts under Defence Salary Package (DSP). Retired Personnel can also open / convert their accounts in DSP – Pension.
Available in three variants, namely Gold, Diamond and Platinum based on rank of personnel of the Indian Army, Indian Navy, Indian Air Force, Assam Rifles, RR and GREF (Border Road Organisation). Personnel Below Officer Rank (PBOR) are categorised under Gold Variant; Officers are categorised under Diamond and Platinum variants.
DSP-Army
- GOLD : JCOs & other Ranks
- DIAMOND : Lieutenant, Captain, Major
- PLATINUM: Lt. Colonel, Colonel, Brigadier, Major General, Lt. General, General
DSP-Navy
- GOLD : Sea II, Sea I, Leading Seaman, Petty Officer, Chief Petty Officer, Master Chief Petty Officer-II and Master Chief Petty Officer-I
- DIAMOND: Sub Lieutenant, Lieutenant and Lieutenant Commander
- PLATINUM: Commander, Captain, Commodore, Rear Admiral, Vice Admiral and Admiral
*DSP Accounts of Sailors joining Navy before they attain majority, will be opened without Insurance and Overdraft facility
DSP-Air Force
- GOLD : Personnel Below Officer Rank
- DIAMOND: Flying Officer, Flight Lieutenant, Squadron Leader
- PLATINUM : Wing Commander, Group Captain, Air Commodore, Air Vice Marshal, Air Marshal, Air Chief Marshal
DSP-General Reserve Engineering Force (GREF)/Border Road Organisation (BRO)
- GOLD: Personnel Below Officer Rank
- DIAMOND : Asst. Engineer/ Asst. Administrative Officer, Asst. Executive Engineer/ Administrative Officer/ Medical Officer II, Executive Engineer/Senior Administrative Officer/ Medical Officer
- PLATINUM: Superintendent Engineer/ Joint Director (Administration), Superintendent Engineer (Selection Grade)/ Director (Administration), Chief Engineer, Additional Director General, Director General
DSP-Assam Rifles
- GOLD : Bugler, Rifleman and Mule Driver, Lance Naik, Nalband, Havaldar, Warrant Officer, Havaldar Major, Naib Subedar, Subedar, Subedar Major
- DIAMOND: Deputy Commandant, Assistant Commandant (equivalent to Lt and Capt in Indian Army)
- PLATINUM: Commandant, Second-In-Command (equivalent to Major, Lt Col and Col in Indian Army) and Personnel at this level are being deputed from Indian Army and DSP Army would be offered to them
DSP-Rashtriya Rifles
- Personnel in Rashtriya Rifles are on deputation from Indian Army and hence covered under DSP Army. Accounts are classified as per Ranks in Indian Army.
DSP - Agniveer
- Personnel recruited in Indian Army, Indian Airforce and Indian Navy with Distinctive Benefits under "Agnipath" Scheme of Government of India.
- Benefits to Serving Personel

- Zero balance account and free unlimited transactions across ATMs of any Bank.
- Complimentary Personal Accident Insurance (Death) cover of Rs. 50 Lakhs to all ranks.
- Complimentary Air Accident Insurance (Death) cover of Rs. 1 Crores to all ranks.(Terms & Conditions Apply)
- Complimentary Personal Accident (Permanent Total Disablement) cover of Rs. 50 Lakhs to all ranks
- Complimentary Personal Accident (Permanent Partial Disablement) cover upto Rs. 50 Lakhs to all ranks.
- Xpress Credit, Home Loans, Car Loans and Education Loans available at attractive rates.
- 100% waiver of processing fee on Xpress Credit, Car Loans and Home Loans (Actual TIR and Valuation charges will be recovered, where applicable).
- Up to 25% off on annual locker rent
- Avail of Auto-Sweep to create e-MODs (Multi Option Deposits) and earn higher interest.
- Demat & Online Trading A/c facility available.
- Free issuance of Drafts, Multi City Cheques, SMS Alerts. NEFT/RTGS.
- Overdraft equivalent to 2 Months Net Salary (subject to maximum cap based on variant of account).
- Earn points on various transactions through our loyalty program SBI Rewardz.
- Host of regular offers on Debit Cards and YONO by SBI.
- Additional Rs. 10 Lakhs for death against terrorist/ Naxalites/ foreign enemy.
- SBI Rishtey (Family Savings Account): For family member of Salary Package Customer with differential benefits such as No minimum balance requirement, No issuance charges for ATM cum Debit Card, Free SMS alert, Free Demand Draft issuance by Debit to SBI Rishtey Account and Auto Sweep facility available.
- Xpress Credit loan cover upto 5 Lakh for SBI Loan Account for death in action against Anti National Activities / Terrorist / Naxalites / Foreign enemy.
Note 1: Benefits under salary package are subject to classification of Savings Bank Account to respective Salary Package and Variant in banks system. All Customers Drawing Salary through SBI Accounts are required to apply along with proof of Salary and Proof of employment to their home branch for conversion of savings account to respective Salary Package/Variant (Conversion Forms).
Note 2: In case, monthly salary is not credited into the account for more than 3 consecutive months, the special features offered under Salary Package will stand withdrawn and the account shall be treated as Normal Savings Account under our standard charges structure, and all charges shall be levied and applied as applicable to normal savings accounts.
- Benefits to Pensioner Veterans
- Zero balance account and free unlimited transactions across ATMs of any Bank.
- Complimentary Personal Accident Insurance (Death) cover of Rs. 30 Lakhs to all ranks
- Home Loans, Car Loans and Education Loans available at attractive rates.
- 100% waiver of processing fee on Car Loans and Home Loans (Actual TIR and Valuation charges will be recovered, where applicable).
- Up to 25% off on annual locker rent.
- Avail of Auto-Sweep to create e-MODs (Multi Option Deposits) and earn higher interest.
- Demat & Online Trading A/c facility available.
- Free issuance of Drafts, Multi City Cheques, SMS Alerts. NEFT/RTGS.
- Avail of Auto-Sweep to create e-MODs (Multi Option Deposits) and earn higher interest.
- Demat & Online Trading A/c facility available.
- Free issuance of Drafts, Multi City Cheques, SMS Alerts. NEFT/RTGS.
- Earn points on various transactions through our loyalty program SBI Rewardz.
- Host of regular offers on Debit Cards and YONO by SBI
- List of Defence Banking Advisors /Circle Defence Banking Advisors
List of Defence Banking Advisors /Circle Defence Banking Advisors
Defence Banking Advisors |
|
Location |
Area of Operation |
Name
|
Contact No. |
E-Mail Address |
1 |
New Delhi |
DBA (Army) – PAN India |
Lt Gen Vinod Vashisht, AVSM, VSM & Bar (Retd) |
8800747539 |
dba.army@sbi.co.in |
2 |
New Delhi |
DBA (Navy) – PAN India |
Rear Admiral Rajesh Singh (Retd) |
9811772258 |
dba.navy@sbi.co.in |
3 |
New Delhi |
DBA (Air Force) - PAN India |
Air Vice Marshal Atul Kumar Singh, AVSM, VSM (Retd) |
7827259056 |
dba.airforce@sbi.co.in |
4 |
New Delhi |
Advisor (Central Armed Police Force) - PAN India |
Shri Arun Kumar, IPS (Retd) |
9821130622 |
advisor.capf@sbi.co.in |
Circle Defence Banking Advisors |
#
|
Location |
Area of Operation |
Name |
Contact No. |
E-Mail Address |
1 |
Kolkata |
West Bengal, Bihar, Jharkhand, Odisha, Sikkim, Andaman & Nicobar Islands |
Maj Gen Ananta Bhuyan, SM (Retd) |
9674621402 |
cdbaarmy.lhokol@sbi.co.in |
2 |
Lucknow |
Uttar Pradesh, Madhya Pradesh, Chhattisgarh |
Maj Gen Rajiv Srivastava (Retd) |
8511862617 |
cdbaarmy.lholuc@sbi.co.in |
3 |
Pune |
Maharashtra, Gujarat, Goa |
Maj Gen Arup Kumar Sasmal, AVSM (Retd) |
7382926601 |
cdbaarmy.lhomum@sbi.co.in |
4 |
Chandigarh |
Punjab, Haryana, Himachal Pradesh, Jammu & Kashmir, Ladakh, Chandigarh |
Maj Gen Rajiv Mishra, VSM (Retd |
9765330261 |
cdba.lhocha@sbi.co.in |
5 |
Guwahati |
North Eastern States |
Maj Gen Dinesh Sharma, AVSM, VSM (Retd) |
9630369311 |
cdba.lhoguw@sbi.co.in |
6 |
Bangalore |
Karnataka, Kerala, Telangana, Andhra Pradesh, Tamil Nadu |
Maj Gen Ramchandra Nagraj, AVSM, VSM (Retd) |
7764905820 |
cdba.lhoban@sbi.co.in |
7 |
Hyderabad |
Telengana, Andhra Pradesh, Tamil Nadu |
Maj Gen Rajesh Chopra, AVSM (Retd) |
9100301137 |
cbdaarmy.lhohyd@sbi.co.i |