SBI and Border Security Force sign MoU to offer curated benefits through CAPSP Scheme: The State Bank of India (SBI) and Border Security Force (BSF) have signed a Memorandum of Understanding (MoU) in order to offer solutions for financial security to serving and retired BSF personnel and family pensioners through the Central Armed Police Salary Package (CAPSP) Scheme. The MoU will offer bouquet of benefits to the serving security forces, retired personnel as well as family pensioners.
The MoU will ensure extensive benefits to the security forces including complimentary Personal and Air Accidental Insurance (Death) cover, additional cover in case of on-duty death, and permanent total disability or partial disability cover, support in child education and the marriage of girl children of deceased BSF personnel among other benefits.
