Ministry of Finance Introduces Composite Salary Account Package for Central Government Employees
3 hours agoBusiness
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2 SourcesNew Delhi, India
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Ministry of Finance Introduces Composite Salary Account Package for Central Government Employees

The Department of Financial Services under the Ministry of Finance has launched a composite Salary Account Package for central government employees across all cadres. This integrated scheme, offered through 12 public sector banks, combines banking services like zero-balance accounts and concessional loans with enhanced insurance coverage up to Rs 2 crore. It also includes digital and card benefits such as gym, spa, health checkups, and other merchant offers, aiming to provide a comprehensive financial solution for government staff.

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