SBI Overdraft for All Salaried Employees with SGSP Account
The SBI State Government Salary Package(SGSP) is a special salary account designed exclusively for State Government employees. This account offers zero balance, exclusive banking benefits, and easy access to loans, cards, and digital banking services.
- Download SBI SGSP Account Application Click Here
- SBI Salary Account Package Benefits Click Here
Key Features of SBI State Government Salary Package
- Zero Balance Salary Account
- Free SBI Debit Card with higher withdrawal limits
- Unlimited free ATM transactions at SBI ATMs
- Free Internet Banking & SBI YONO App access
- Free SMS & Email alerts
- Nomination facility available
- Overdraft facility for eligible employees
Eligibility as per Net Monthly Salary
- Silver: 10,000/- up to 25,000/-
- Gold: > 25,000/- up to 50,000/-
- Diamond: > 50,000/- up to 1,00,000/-
- Platinum: > 1,00,000/- up to 2,00,000/-
- Rhodinum: > 2,00,000/-
SBI Debit Card Benefits for State Government Employees
- Free debit card issuance
- Higher daily ATM withdrawal limit
- Free POS / shopping transactions
- Accepted across India and abroad (as per card variant)
SBI Salary Account Overdraft Facility
Eligible State Government employees can avail an overdraft facility linked to their SBI salary account.
This helps in meeting short-term financial needs at competitive interest rates.
- Quick approval process
- Lower interest rates compared to personal loans
- Eligibility based on salary and service period
Loan Benefits for SBI State Government Salary Account Holders
Salary account holders can enjoy preferential loan benefits such as:
- SBI Home Loans at concessional interest rates
- SBI Personal Loans with reduced processing fees
- Car Loan and Two-Wheeler Loan benefits
- Faster loan processing
Digital Banking Facilities
- SBI YONO App – banking, shopping & investments
- 24×7 Internet Banking
- UPI, IMPS, NEFT & RTGS services
- Online bill payments and recharges
Who Can Open SBI State Government Salary Account?
- State Government employees
- Employees of State Government departments
- Employees of State Government autonomous bodies (as approved by SBI)
Documents Required
- Government Employee ID Card
- Aadhaar Card
- PAN Card
- Recent passport-size photograph
- Salary certificate or employer authorization (if required)
How to Open SBI State Government Salary Account?
- Visit the nearest SBI branch
- Request for State Government Salary Package
- Submit required documents
- Account activation after verification
Note: Features and benefits may vary based on State Government category and SBI guidelines.