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PSB SGPC Seva Salary Account

 

Key Information of the Product

PSB SGPC Seva Salary Account

Features Sadhna Vishwas
Group Term Insurance Rs. 5 Lakh Rs. 6 Lakh
Wellness / Health Program
  • Annual Preventive Health Checkup once a year
  • Unlimited Teleconsultation Cover
  • Unauthorized Digital Transaction Cyber Cover – Rs. 25,000 annually
  • Daily Hospital Cash Benefit Rs. 2,500 per day & Rs. 5,000 per day for ICU Admission (Maximum 10 days per hospitalization and up to 30 days per annum)
Eligibility All permanent and contractual employees earning a monthly salary of ₹10,000 and above.
Minimum Balance Charges Nil
Personal Accident Cover Rs. 75 Lakh
Additional Child Education Benefit Up to Rs. 24 Lakh (Rs. 6 Lakh for Boy Child & Rs. 12 Lakh for Girl Child age 12–22 years, maximum 2 children)
Air Accident Cover Up to Rs. 120 Lakh
Other Add-on Covers Ambulance Charges – Max INR 3,000 per case
Body Repatriation Cost – Max INR 15,000
Animal/Insect/Snake Bite Coverage as per GPA Sum Assured
Locker Rent 50% on Small Lockers (First Year)
100% Small Locker or 50% Medium Locker (Lifetime)
Debit Card RuPay Platinum & RuPay Classic Debit Card (Issuance & AMC Waived)
Free Banking Services
  1. Cheque Book Issuance (up to 40 leaves)
  2. NEFT / RTGS / IMPS
  3. SMS Alert
  4. Demand Draft Issuance
  5. Statement of Account
  6. Ledger Folio
ATM Withdrawals (PSB) Unlimited Free
ATM Withdrawals (Other Banks) Metro Cities: 3 Free Transactions
Non-Metro Cities: 5 Free Transactions
Airport Lounge Access Domestic & International Access via RuPay Platinum Card
Note: Insurance benefits available from the date of first salary credit.
 

The following Service Charges which are applicable to General Savings Account will also be applicable for the above product:

Particulars Particulars
Stop Payment Charges or Revocation Updation/Modification of Mobile No./E-Mail ID
Issuance of Duplicate Passbook or Statement Nomination Charges (Change of Nomination)
Issuance of Duplicate TDRs Interest Certificate / Balance Certificate
Account Closure Charges (If Closed Before 12 Months) Copy of Cheque/DD (Paid by Bank)
Cash Handling Charges (Beyond Limit) ECS/NACH Registration / Signature Verification Charges
Cancellation/Revalidation & Replacement of DD ECS/NACH Return
Inward Returning of Clearing ATM/Debit Card Issuance & AMC
Outward Returning of Clearing ATM/Debit Card Re-Issuance Fee
Transfer of Funds within Bank (Branch Mode) Re-Issue of PIN
Cash Withdrawal Charges (At Non-Home Branches) ATM/POS Transaction Technical Declines
Locker Allotment Charges (If Availed) ATM Transaction Charges (Beyond Free Limit)
Locker Visit (Beyond 12 Visits) (If Availed)  

Note:
(i) Any service/benefit beyond concession limits are chargeable.
(ii) The service charges listed above are non-exhaustive. For a comprehensive schedule of all applicable fees, please visit: https://www.punjabandsind.bank.in/content/servchg

Insurance Coverage Personal Accident
Insurance of Rs 75 lakh
Group Term Life Insurance of
Rs 5 lakhs & Rs 6 lakh
Insurance Provider
& Policy Period
National Insurance Company
LTD

(05-03-2026 to 04-03-2027)
Ageas Federal Life Insurance
Company LTD

(31-12-2025 to 30-12-2026)
Policy No. 360800422510000366 GT000205
Claim Form
National Insurance Company LTD Ageas Federal Life Insurance Company LTD
 

List of Documents for Insurance Claim

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