Question

Benefits of taking loan from sbi for sbi employees

Answer 1

Answer

The Benefits of taking loan from sbi for sbi employees

• Salary Structure : The basic salary of a newly joined SBI PO is more than that of a PO who has joined in any other public sector bank because SBI offers four additional increments at the initial stage to the officers. Therefore, whatever the basic salary is for other banks, you will get more than that in SBI.

• Contributory Provident Fund : The employees with the bank are governed under the Defined Contributory Provident Funds Scheme in which the bank will make contributions to the PF account of the employee and as per the latest data, the monthly contribution from the bank is Rs 1641

• Lease Facility : The officers are eligible to get lease accommodation in their place of posting and in lieu of the lease accommodation provided by the bank, the HRA component will not be credited to the employee.

• Perquisites : Apart from salary, the officers in SBI are eligible for various perquisites like newspaper allowance, petrol allowance, entertainment allowance, house maintenance allowance, books and magazine allowance, briefcase allowance, reimbursement of telephone bills etc.

                                                                                                     

Answer 2

Answer:

here's the answer:-

• SBI employees are eligible for loan under staff scheme in concessional rate of interest for housing loans, car loans etc.
• Moreover, the rate of interest for deposits is also 1% more than the general public for the staff members.

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