Bandhan Bank, has signed an MoU with the Indian Army for the Bandhan Bank Shaurya Salary Account, which comes with banking privileges meant for the brave hearts of the Indian Army.
In presence of Lt Gen Harsha Gupta, the MoU was signed by Lt Gen Ravin Khosla, DG, Indian Army, and Chandra Shekhar Ghosh, MD & CEO, Bandhan Bank, in New Delhi. Services under Bandhan Bank Shaurya Salary Account will be offered to serving personnel of Indian Army through the bank’s network of banking outlets.
The account will offer a host of features, including zero-balance facility with 6% interest on balance above Rs 1 lakh, unlimited free ATM transactions across ATMs, waiver of issuance and annual charge on Shaurya Visa Platinum Debit Card and unlimited free NEFT/RTGS/IMPS/DD transactions.
Bandhan Bank Shaurya Salary Account also offers protection for self and assets. This includes free personal accident insurance of Rs 30 lakh, air accident cover of Rs 1 crore and free educational benefit of up to Rs 1 lakh per year for four years to dependent child in case of accidental death of the account holder.