In a major move for 2026, the Ministry of Finance has launched a “Composite Salary Account Package” for Central Government employees. Public sector giant State Bank of India (SBI) has rolled out this enhanced package across all cadres (Group A, B, and C), transforming your basic salary account into a comprehensive financial fortress.
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From ₹1.3 crore insurance to family banking and unlimited lounge access, here is the full breakdown of the SBI Central Government Salary Package (CGSP) in 2026.
The Variant Hierarchy: Where Do You Fit In?
Your benefits are linked to your monthly net salary credit.
| Variant | Net Monthly Salary | Eligibility Highlights |
| Silver | ₹10,000 – ₹25,000 | Entry-level cadres |
| Gold | >₹25,000 – ₹50,000 | Mid-level employees |
| Diamond | >₹50,000 – ₹1 Lakh | Senior staff |
| Platinum | >₹1 Lakh – ₹2 Lakh | Top management |
| Rhodium | >₹2 Lakh | High-level executives |
| Royale | All IAS, IPS, and IFS | All Officers of these services |
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1. Massive Insurance Benefits (Zero Cost)
The 2026 package features some of the highest insurance covers ever offered by a public bank.
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Personal Accident Death: Up to ₹1 Crore (Royale variant gets ₹1.3 Crore).
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Air Accident Death: Up to ₹1.6 Crore (Royale variant gets ₹1.9 Crore).
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Disability Cover: Up to ₹1 Crore for Total Disability; up to ₹80 Lakh for Partial Disability.
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Term Life Insurance: An inbuilt ₹10 Lakh cover (₹20 Lakh for Royale) is provided free.
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2. Loan Concessions & “Zero Charges” Banking
SBI is offering significant discounts to government employees to ease their loan burdens:
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Home Loans: 100% processing fee waiver for builder tie-ups + 0.10% interest concession.
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Personal Loans: Up to 2.50% interest concession for those earning above ₹1 Lakh.
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Zero Balance: No monthly average balance (MAB) required.
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Free Transactions: Unlimited free transactions at SBI ATMs; zero charges for RTGS, NEFT, and Demand Drafts.
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Locker Discount: 50% concession for Diamond variant and above.
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3. SBI Rishtey: The “Family Banking” Advantage
Employees earning over ₹25,000 can open up to 4 Zero-Balance accounts for their spouse, parents, or children.
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Combined Cover: Each member gets ₹5 Lakh accidental insurance (Total ₹20 Lakh).
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Freebies: Free debit cards and 25 cheque leaves per month for each family member.
4. Lifestyle & Premium Cards
Your debit and credit cards now come with high-end travel perks:
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Lounge Access: RuPay Select cards (Platinum & above) offer 3 free domestic and international lounge visits per quarter.
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Credit Cards: * SBI Aurum: Offered to Rhodium/Royale users with unlimited international lounge access….
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SBI Elite/Prime: Offered for Diamond/Platinum users with first-year fee waivers.
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