Central Government Launches 'Joint Salary Account Package' for Employees: Up to Rs 1.5 Cr Insurance

• The Department of Financial Services (DFS) has introduced the 'Joint Salary Account Package' for central government employees.
• This package offers a one-stop financial solution, combining banking, insurance, and card-related facilities.
• Key benefits include personal accident insurance up to Rs 1.5 crore and air accident insurance up to Rs 2 crore.
• Employees will get a zero-balance salary account, concessional loans for various needs, and a debit card with perks like airport lounge access and zero maintenance fees.
• The initiative aims to enhance the financial well-being and social security of central government employees.

Why It Matters: Central government employees now have a comprehensive 'Joint Salary Account Package' offering extensive banking and insurance benefits.