SBI & CISF Sign MoU | Big Benefits for CISF Personnel | CAPSP Explained!

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The State Bank of India (SBI) and the Central Industrial Security Force (CISF) have signed a Memorandum of Understanding (MoU) to provide enhanced banking services and exclusive benefits under the Central Armed Police Salary Package (CAPSP).

In this video, we explain the key features of the MoU, including insurance coverage, zero balance accounts, loan concessions, and special benefits for pensioners and family members.

📌 Highlights of the MoU:
✔️ ₹1 Crore Accidental Insurance Cover
✔️ ₹1.5 Crore Air Accident Cover
✔️ Free International Debit Cards
✔️ Locker Rent Discounts
✔️ Zero Balance Salary & Pension Accounts
✔️ Dedicated grievance redressal support

📅 Valid from 23 May 2025 to 22 May 2028

Watch till the end for complete benefits for serving, retired, and family pensioners under CAPSP!

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