State Bank of India (SBI) offers salaried employees from across sectors an option to open a salary account with the bank. It offers special salary account packages for different sectors, such as private, central government, state government, defence forces, and other institutions. etc. Interestingly, if you are an Indian Railways employee and decide to open your salary account at SBI, then guess what, you can avail amazing benefits such as accident insurance, unlimited ATM transactions, offers on demat account, attractive loan interest rates, low processing fees and much more. This salary account is called Railway Salary Package (RSP). Also, SBI offers a range of benefits and services, as well as access to secure net-banking and mobile-banking services. These customers need not maintain the minimum balance in this account.

SBI Railway Salary Package (RSP):

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It is meant for employees of Indian Railways, Kolkata Metro, Konkan Railway Corporation, Mumbai Metro, Delhi Metro Rail Corporation Ltd. & Bangalore Metro Rail Corporation.

The package is divided into different categories depending upon Railway employees monthly salary. The different packages are: 

Silver - For salary between Rs 10,000 upto Rs 25,000 monthly.

Gold - If the salary is above Rs 25,000 but upto Rs 50,000. 

Diamond - This one is meant for those whose salary are above Rs 50,000 but upto Rs 1 lakh on monthly basis. 

Platinum - As it suggests this account is meant for salary above Rs 1 lakh on monthly basis. 

Benefits to an employee under this salary! 

1. Zero balance account and free unlimited transactions across ATMs of any Bank. Also comes bundled with SBI Credit Card.

2. Complimentary Personal Accident Insurance (Death) cover up to Rs. 20 Lakhs.

3. Complimentary Air Accident Insurance (Death) cover up to Rs. 30 Lakhs.

4. Avail of Personal Loans, Home Loans, Car Loans and Education Loans at attractive rates and upto 50% off on processing fees.

5. Upto 25% off on locker charges.

6. Avail of Auto-Sweep to create e-MODs (Multi Option Deposits) and earn higher interest.

7. Avail of Demat & Online Trading A/c at the time of on-boarding itself.

8. Free issuance of Drafts, Multi City Cheques, SMS Alerts. Free online NEFT/RTGS.

9. Overdraft equivalent to 2 Months Net Salary (Currently available for select customers only).

10. Earn points on various transactions through our loyalty program SBI Rewardz.

11. Host of regular offers on Debit Cards and YONO by SBI.

Hence, if you are looking to open your salary account and enjoy amazing benefits, well SBI can definitely be your one-stop solution.