Big gift to central government employees, insurance and cheap loan facilities will be available in one account.

By Samira Vishwas On Jan 15, 2026

Insurance Affordable Loans: A good news has emerged for the central government employees. The Department of Financial Services (DFS) has launched a new composite salary account package for government employees.

The objective of this package is to provide all the necessary banking, insurance and card related facilities to the employees in a single account, so that their financial security and social protection can be strengthened.

Also Read This: IndiGo is offering tickets at Re 1, know who can avail the benefit

This new package has been designed in such a way that employees do not have to go to different places for different services. Through a single salary account, they can avail full benefits of banking services, insurance coverage and loan facilities.

Insurance Affordable Loans

This package is divided into three parts

This composite salary account package is mainly divided into three parts. Banking services, insurance benefits and card facilities. For this reason, it is being considered as a one-stop financial solution for government employees.

According to DFS, this decision has been taken after negotiations with public sector banks, so that all categories of employees can get equal and maximum benefits.

Also Read This: Sure return with less risk: You will get Rs 5,550 every month from this scheme of Post Office, know the complete details

Who launched it?

This package was launched by DFS Secretary M. Nagaraju. On this occasion, Chairman of SBI, MD and CEO of all nationalized banks, and senior officials of DFS were present. Officials said that this package has been prepared keeping in mind all the employees of Group A, Group B and Group C.

Also Read This: China creates new history, Trump’s tariffs ineffective; Know how the history of 1.19 trillion dollars was created

Important Insurance Coverage

Under this package, employees will get important insurance coverage.
Personal Accident Insurance up to ₹1.5 crore.
Air accident insurance up to ₹2 crore.

This will provide strong financial security to the employee and his family in case of any untoward incident.

Also Read This: Panic in Asian markets, US market also under pressure; Know why Indian stock market will not open today?

Zero balance account and affordable loan

This package provides better banking facilities with zero balance salary account. Apart from this, employees will get the benefit of affordable interest rates on home loan, education loan, car loan and personal loan. These special facilities will be available with the card.

The card available with this salary account also includes many premium benefits, such as:

Airport lounge access.
Reward points and cashback offers.
Unlimited transactions.
Zero maintenance charge.

Also Read This: Yajur Fibers IPO Listing: Red Line big crisis for IPO, company gets a shock of Rs 33,400 on every lot

Employees will get peace of mind

The ministry says that by combining insurance, medical coverage and better banking services, this package provides easy access, financial stability and peace of mind to employees.

This will not only make everyday needs easier, but will also reduce worries about the future. Overall, this new composite salary account package is being considered an important and beneficial step for central government employees, which provides them better security and facilities on a single platform.