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Which bank is best for DSP account?

Which bank is best for DSP account?

Catering specifically to defence personnel in the country, HDFC Bank has rolled out the Defence Salary Account. The HDFC Bank Defence Salary Account is a zero balance savings account that comes with the benefit of a free Personal Accidental Death cover upto Rs. 5 lakh and an Air Accidental Cover upto Rs. 25 Lakh.

Who is eligible for DSP account?

Only widows of those who died in war/war-like operations of while in service due to attributable reasons are eligible. This category also included sons/daughters of ex-servicemen who went disabled/deceased after retirement, but not those who have been re-employment in the Armed Forces in any rank. 8.

Which SBI debit card is best for DSP account?

Free Gold Debit Card (for Gold and Diamond variants) and Platinum Debit Card (for Platinum variant)

  • Free Platinum Debit Card.
  • No Annual Maintenance Charges on the Debit Card.
  • Free Add on Debit Card for spouse.
  • Discount on Locker Facility :
  • Charges for Duplicate Statements waived for Diamond and Platinum variants.

    • What is DSP account in SBI?

    The SBI Defence Salary Package (DSP) account is meant for Defence personnel of the Army, Navy, Air Force, Indian Coast Guard, Assam Rifles, Rashtriya Rifles (RR) and GREF.

    How do I know my SBI account is DSP?

    After logging into the SBI’s website hover over to the My Accounts &Profile followed by, Account statement, click the button to view the statement and the account type there. Now all the accounts associated with your customer id otherwise linked with the primary account will be shown that may be any kind of account.

    How can I change my DSP account?

    You can change the default bank account on your DSP folio by noting the new registered bank account on Part B of the Bank Account Registration Form by submitting at any of our Branches or CAMS Investor Service Centres.

    What is the facility of DSP account?

    SBI DSP Account Benefits for Defence Employees

    Ser No Benefits Name Quantity of Benefits
    19 Cheques Instant Credit of outstation Cheques Upto Rupees 20000, Unlimited Multicity cheques.
    20 ATM/ Debit Card facility 2 Debit Card without any annual fee
    21 Free Advisory Service Yes (Where SBI has such facility)
    22 SMS facility Yes

    Is DSP account for ex servicemen?

    SBI DSP Account Benefits for Defence Employees Serving in Indian Army, Indian Air Force, and Indian Navy. These benefits are available up to the Memorandum of Understanding (MoU) between the Ministery of Defence and the State Bank of India (SBI). These benefits are available only for Serving Defence personnel.

    Which is required for opening an account in SBI?

    Your SBI Account Opening Form should be accompanied by important KYC documents which are mandatory for opening a new account. Without these documents you cannot open a bank Account in SBI. Today, we will give you the important list of documents required for opening a Bank Account in SBI.

    Do you need KYC to open SBI account?

    In our previous article, we have already told you how to open a bank account in SBI. Your SBI Account Opening Form should be accompanied by important KYC documents which are mandatory for opening a new account. Without these documents you cannot open a bank Account in SBI.

    What are the documents required for opening a salary account?

    What are the documents required for opening a salary account? Joint Accounts: For joint accounts, the Proof of Identity & Proof of Address are required for both the applicant as well as the joint applicant (s). For more details please contact your nearest branch or visit Salary Account.

    Which is DSP account can you open without insurance?

    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 DIAMOND: Flying Officer, Flight Lieutenant, Squadron Leader