**Executive Summary**
The Department of Financial Services (DFS), Ministry of Finance, launched the 'Salary Account Package for Central Government Employees' on January 14, 2026, in collaboration with 12 Public Sector Banks (PSBs). A facilitation camp was organized by Punjab National Bank (PNB) on February 17, 2026, at the Department of Financial Services, New Delhi, to promote the package. DFS advises PSBs to organize similar camps in various Ministries/Departments to provide outreach.
**Key Points / Main Content**
* **Salary Account Package Overview:**
* Aims to provide enhanced financial security, improved service delivery, and greater banking convenience to Central Government employees.
* Encompasses three core segments: Banking, Insurance, and Cards.
* Offers a one-stop financial solution for employees.
* **Package Features:**
* Zero-balance salary account with enhanced facilities.
* Free remittances (RTGS/NEFT/UPI) and cheque book facilities.
* Concession in locker rental and loan processing charges.
* Concessional interest rates on housing, education, vehicle, and personal loans.
* Personal Accident Insurance (PAI) up to 150 lakh.
* Air Accident Insurance (AAI) up to 200 lakh.
* Permanent Total & Partial Disability Cover (TPD/PPD) up to 150 lakh.
* Life Insurance benefits up to 20 lakh, with optional top-up coverage.
* Comprehensive Medical Insurance for self/family with top-up coverage.
* Enhanced benefits on Debit & Credit Cards.
* **Facilitation Camps:**
* PSBs are assigned as Nodal Banks to coordinate with Ministries/Departments.
* PSBs are organizing facilitation camps across Ministries/Departments.
* Camps create awareness among Central Government employees about the Salary Account Package.
* Camps provide a platform for employees to actively participate and avail benefits.
**Impact Analysis**
**Central Government Employees**
* **Impact:** Access to enhanced financial security, improved service delivery, and greater banking convenience through the Salary Account Package. Increased awareness and opportunity to avail benefits through facilitation camps.
* **Action Required:** Actively participate in facilitation camps and avail the benefits of the customised Salary Account Packages.
**Public Sector Banks (PSBs)**
* **Impact:** Opportunity to expand their customer base and promote their banking solutions to Central Government employees. Required to participate in facilitation camps and coordinate with Ministries/Departments.
* **Action Required:** Participate in the facilitation camps in a collaborative manner, and coordinate with Ministries/Departments. Organize facilitation camps across Ministries/Departments.
**Ministries/Departments**
* **Impact:** Provide a platform for PSBs to organize facilitation camps and create awareness among their employees.
* **Action Required:** Coordinate with PSBs to organize facilitation camps and ensure participation of employees.
Key Entities Referenced
Salary Account Package for Central Government Employees: A financial package offering banking, insurance, and card benefits to central government employees.
Department of Financial Services (DFS), Ministry of Finance: The department responsible for launching and overseeing the 'Salary Account Package for Central Government Employees' initiative.
Public Sector Banks (PSBs): The banks involved in providing the benefits under the 'Salary Account Package for Central Government Employees'.
Ministry of Finance
Secretary, DFS, inaugurates Facilitation Camp for
‘Salary Account Package for Central Government
Employees’
Efforts of PSBs appreciated by DFS Secretary in developing
integrated banking solutions, Urges Central Government
employees to actively participate in such camps and avail the
benefits of the customised Salary Account Packages
Package encompasses three core segments – Banking,
Insurance and Cards – making it a one-stop financial solution
for the employees
Posted On: 19 FEB 2026 3:41PM by PIB Delhi
As part of ‘Salary Account Package for Central Government Employees’ initiative, a Facilitation Camp
was organised by Punjab National Bank (PNB) on 17th February 2026 at the premises of Department of
Financial Services, Jeevan Deep building, New Delhi. PNB invited all other Public Sector Banks (PSBs)
to participate in the camp in a collaborative manner. The said camp was inaugurated by Shri M. Nagaraju,
Secretary, DFS and the MD & CEO of PNB. The camp was graced by all Senior Officers from DFS and
the other participating banks.Speaking at the event, Secretary, DFS, stated that the initiative reflects the Government’s commitment to
ensure effective outreach of financial services to Central Government employees. He appreciated the
coordinated efforts of PSBs in developing integrated banking solutions and urged Central Government
employees to actively participate in the camp and avail the benefits of the customised Salary Account
Packages.
As part of the outreach strategy, facilitation camps are being organised in various Government office
buildings to create awareness among Central Government employees. PSBs have been assigned as Nodal
Banks to coordinate with the concerned Ministries/Departments and ensure participation of other PSBs.
PSBs have begun organising facilitation camps across Ministries/Departments and are coordinating with
the remaining Ministries/Departments to finalise dates for the camps.The Department of Financial Services (DFS), Ministry of Finance, had launched the ‘Salary Account
Package for Central Government Employees’ on 14th January 2026, in association with all 12 Public
Sector Banks (PSBs). The initiative aims to provide enhanced financial security, improved service
delivery and greater banking convenience to Central Government employees. The package encompasses
three core segments – Banking, Insurance and Cards – making it a one-stop financial solution for the
employees. For effective outreach to the Central Government Employees, DFS had advised all PSBs to
organised the facilitation camps in various Ministries/Departments.
The Salary Account Package encompasses three core segments – Banking, Insurance and Cards – making
it a one-stop financial solution for employees. The major features of the Package are as under:
Zero-balance salary account with enhanced facilitates
Free remittances i.e. RTGS/ NEFT/ UPI and cheque book facilities
Concession in locker rental and loan processing charges
Concessional interest rate on housing, education, vehicle and personal loans.
Personal Accident Insurance (PAI) upto 150 lakh
Air Accident Insurance (AAI) upto 200 lakh
Permanent Total & Partial Disability Cover (TPD/PPD) upto 150 lakh
Life Insurance benefits upto 20 lakh, with optional top-up coverage
Comprehensive Medical Insurance for self / family with top-up coverage
Enhanced benefits on Debit & Credit Cards
The initiative reflects the Government’s commitment to strengthening financial protection and service
delivery for Central Government employees through coordinated efforts of DFS and Public Sector Banks.
*****
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