State Bank Of India

State Bank of India (SBI) has renewed its memorandum of understanding with the Indian Army to offer specially crafted benefits to all serving and retired Army personnel and their families through its Defence Salary Package (DSP) Scheme.

Under the MoU, the bank offers complimentary personal and air accidental insurance (death) covers, additional cover in case of on-duty death, permanent total disability / partial disability covers.

SBI is the country’s largest lender and it offers a wide range of services in the Personal Banking, Agriculture/ Rural, NRI services, SME and Corporate Banking etc.