Press Esc to close
Saturday 01 November 2014
News updated at 10:17 AM IST
Weather
Max: 25°C
Min : 19°C
In Bangalore
Partially cloudy

New salary scheme with slew of benefits for paramilitary force

Last updated: 05 October, 2010
New Delhi, Oct 5 (PTI)

The government has brought more than eight lakh personnel of paramilitary forces like CRPF, BSF and NSG under a new ''charge-free'' salary scheme which entitles them to have concessional loans and hassle-free withdrawal of salaries.

Under the new scheme, the spouses of these men and women in uniform will also be provided with a free 'add-on ATM card' which will enable them to withdraw money and carry out financial transactions in the absence of the earning member of the family, posted far away along the border or in the Naxal-hit areas of the country.

The country's largest banker -- State Bank of India -- recently launched a unique paramilitary salary package on the lines of a similar facility for the Armed forces -- Army, Navy and the Air Force.

The new scheme will entitle the paramilitary jawans to enjoy "charge-free" facilities like zero balance account, free ATM-cum-shopping card without an annual maintenance fee and freedom to draw their salaries from the nearest SBI branch or an ATM of any bank, when they are deployed away from their parent units.


"In central paramilitary and police forces, a jawan and officer are not posted at the parent unit or a battalion headquarter often. Under the new scheme, the troops can have free cheque books and ATM cards to draw their salaries at any place," a senior paramilitary officer said.

The scheme was inaugurated by Union Home Minister P Chidambaram on September 29 for forces like Central Reserve Police Force (CRPF), Indo-Tibetan Border Police Force (ITBPF), Central Industrial Security Force (CISF), Border Security Force (BSF), Sashastra Seema Bal (SSB) and the elite National Security Guard (NSG).

The other facilities that can be enjoyed by the troops include free multi-city cheques, free demand drafts, free internet banking, free transfer of money through Real Time Gross Settlement (RTGS) and National Electronic Funds Transfer (NEFT) and concessions in interest rates on home, car and education loans and discount on purchase of gold coins.
The headquarters of the paramilitary forces have also issued orders for conducting awareness camps on these new facilities for jawans and officers at various battalions and company headquarters.

"We want them (force personnel) to avail the benefits of the new service as soon as possible. Senior officials from the forces and experts from the banking sector will be conducting lectures for these facilities," the officer said.

General costumers have to pay a certain service charge for these facilities.

Go to Top

Photo Gallery
A view of the statue of Sardar Vallabhbhai Patel on the occasion of his birth anniversary...

A view of the statue of Sardar Vallabhbhai Patel on the occasion of his birth anniversary...

Congress President Sonia Gandhi and Rahul Gandhi paying tribute to former Prime Minister...

Congress President Sonia Gandhi and Rahul Gandhi paying tribute to former Prime Minister...

Artists perform during a function on the occasion of birth anniversary of Sardar...

Artists perform during a function on the occasion of birth anniversary of Sardar...

Members of Thamizhar Vazhvurimai Koottamaippu during a protest against Sri Lankan court's...

Members of Thamizhar Vazhvurimai Koottamaippu during a protest against Sri Lankan court's...

Indian cricket players during their practice session at barabati stadium in Cuttack...

Indian cricket players during their practice session at barabati stadium in Cuttack...

Delhi Police band performs at India Gate near Amar Jawan Jyoti to salute Sardar...

Delhi Police band performs at India Gate near Amar Jawan Jyoti to salute Sardar...

Army soldiers patrolling after an IED was recovered in a gas cylinder near the Circuit House...

Army soldiers patrolling after an IED was recovered in a gas cylinder near the Circuit House...

Tourist take pictures from a boat as people bath in the Ganges river in Varanasi...

Tourist take pictures from a boat as people bath in the Ganges river in Varanasi...

Devendra Fadnavis being sworn-in as the new Maharashtra Chief Minister by Governor...

Devendra Fadnavis being sworn-in as the new Maharashtra Chief Minister by Governor...

A camel herder sits as he feeds his camels at the annual cattle fair in Pushkar, in the Rajasthan...

A camel herder sits as he feeds his camels at the annual cattle fair in Pushkar, in the Rajasthan...

Copyright 2014, The Printers (Mysore) Private Ltd., 75, M.G Road, Post Box 5331, Bangalore - 560001
Tel: +91 (80) 25880000 Fax No. +91 (80) 25880523