Central Government Pride Salary Account

Document required for CG Pride account

Following documents are required to be submitted by different types of entities for opening CG Pride Bank account. Originals of documents for reference and verification are required to be presented and certified true copies to be submitted for bank’s record.

• Proof of Identity and Address (KYC)
• Latest salary Slip and employee ID card.
• For Pensioners: A copy of the Pension Payment Order (PPO). In some cases, a letter of undertaking or digital e-PPO is acceptable.
  
  

CG Pride account eligibility

Eligibility as per the Group classification used for the Central Government posts in India-

Group A
Group B
Group C

CG Pride account Important Terms & Condition

1. This product is offered exclusively to permanent employees of Central Government
   
2. If the monthly salary is not credited into the account for more than three (3) consecutive months, the account will be converted to a General Savings Account by the branch without any notice. All associated features will be withdrawn, and applicable charges will be levied as per General Savings Account rules and service/facility availed by the customer.
   
3. The insurance benefits (Group Personal Accident Cover and Term Life Cover) will commence from the first day of the month following the salary credit month.
   
4. Claims must be intimated to the on-boarded insurance company within the stipulated timeframe as defined by the insurers.
   
5. Permanent Total / Permanent Partial Disablement (PTD/PPD) defined as per the Insurance company and under the broad guidelines of IRDA.
   
6. Mandatory condition for eligibility to Air Accidental Insurance claim: AAI cover claim will be treated as a valid claim only in event of death occurring while undertaking journey by Airline / Aircraft and the related air ticket have been purchased by debit to Salary Package Account using Cheque / Bank of Maharashtra Debit Card / Internet Banking or where ticket is not required to be purchased by the account holder and is provided by the department for official duty.
   
7. For any Grievance / Dispute related to Bank, Salary account holder shall communicate with the Branch/Zonal Office/Head Office of the Bank.
   
8. For any Grievance / Dispute related to Insurance, Salary account holder shall communicate directly to the respective Insurance company, Bank will not be liable for it. Continuation of Insurance and other cover is subject to policy renewal, at Bank’s sole discretion.
   
9. Bank reserves the right to withdraw/amend the offer/product any time or make amendments including additions, deletion, correction, or any aspect of the product without any prior notice/intimation to customer.
   
10. In case of discontinuation of service including Superannuation/resignation/termination/suspension, etc., the respective department/organization/employee/account holder to inform Bank immediately for conversion of salary account into general Savings Bank account or pension account. It will be the responsibility of organization/employee/account holder to inform bank for discontinuation of associated benefits.
    
11. Bank of Maharashtra is a corporate agent of all the onboarded Insurance partners. The corporate agent does not underwrite the risks or acts as an insurer. All claims, benefits, etc. under the policy will be solely decided upon the insurer. Corporate agent holds no warranty and so not make any representation about the insurance, the quality of claims processing and shall not be responsible for claims, recovery of claims, or for processing of or clearing of claims, in any manner whatsoever.
    
12. Apart from above all, the prevailing guidelines of Bank Regulator/ Government/ or any other competent authority shall abide with.
    

Frequently Asked Questions (FAQs)

CG Pride Account related Annexures and Downloads

To proceed with the opening of a CG Pride Salary Saving Account, it is mandatory to submit the applicable annexures along with the required downloadable documents. The details are outlined below:

Followings are related Annexures

• Add on Covers PAI
• Additional Life Term Insurance Plan
• BOM-SBI co-branded Credit Card
• Health Insurance Plan
• OD Facility
• Top Up Plan on Medical Insurance
• Wellness Benefit