Press Esc to close

New salary scheme with slew of benefits for paramilitary force

Last updated: 05 October, 2010
New Delhi, Oct 5 (PTI) 15:24 IST

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

More from this section
Most trending stories
Photo Gallery
Police personnel guard as Buddhist monks wait at the entrance gate to enter Mahabodhi temple...

Police personnel guard as Buddhist monks wait at the entrance gate to enter Mahabodhi temple...

Women browse through books at a stall at 41st Chennai Book Fair, organised by Booksellers...

Women browse through books at a stall at 41st Chennai Book Fair, organised by Booksellers...

Newly recruits of Jammu and Kashmir Police personnel take oath during Attestation Cum Passing...

Newly recruits of Jammu and Kashmir Police personnel take oath during Attestation Cum Passing...

Volunteers of the Hindu nationalist organisation Rashtriya Swayamsevak Sangh (RSS) perform yoga...

Volunteers of the Hindu nationalist organisation Rashtriya Swayamsevak Sangh (RSS) perform yoga...

Women show mortar shells at Suchetgarh after shelling from the Pakistani side ...

Women show mortar shells at Suchetgarh after shelling from the Pakistani side ...

Two peacocks in a mid-flight at the Rastrapati Bhawan in New Delhi...

Two peacocks in a mid-flight at the Rastrapati Bhawan in New Delhi...

Former Telecom Minister A Raja addresses the gathering at his book launch 'The 2G Saga...

Former Telecom Minister A Raja addresses the gathering at his book launch 'The 2G Saga...

Police personnel stand guard near the premises of Mahabodhi Temple in Bodh Gaya...

Police personnel stand guard near the premises of Mahabodhi Temple in Bodh Gaya...

STF personnel recover gold after a raid which resulted in arrest of most wanted criminal Subodh...

STF personnel recover gold after a raid which resulted in arrest of most wanted criminal Subodh...

Former Miss Earth Nicole Faria addresses the event for felicitation of 112 women achievers...

Former Miss Earth Nicole Faria addresses the event for felicitation of 112 women achievers...

Like us on Facebook

Copyright 2017, The Printers (Mysore) Private Ltd., 75, M.G Road, Post Box 5331, Bengaluru - 560001
Tel: +91 (80) 25880000 Fax No. +91 (80) 25880523
Powered by Yodasoft Technologies Pvt. Ltd.