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Corporation Bank inks pact with Indian Army

Corporation Bank inks pact with Indian Army
10 November 2016 Current Affairs: Corporation Bank has signed a memorandum of understanding (MoU) with the Indian Army on the defence salary package.

Corporation Bank would provide free/ concessional services to the Army under the MoU. The services include free drafts, cheque books, funds transfers to any bank in India through RTGS/ NEFT, free ATM cards, unlimited transactions on all ATMs, including that of other banks. Free personal accident insurance cover of ₹5 lakh and ₹10 lakh up to the age of 70 years; air insurance cover of ₹50 lakh; and term life insurance cover of ₹5 lakh and ₹10 lakh are the other features offered under the MoU.

All the facilities, except term life insurance cover, are also extended to the pensioners.


February 2017 Current affairs
20 FEB
NEWS
18 FEB
NEWS
17 FEB
NEWS
16 FEB
NEWS
15 FEB
NEWS
14 FEB
NEWS

January 2017 Current affairs
31 JAN
NEWS
30 JAN
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28 JAN
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27 JAN
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25 JAN
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24 JAN
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December 2016 Current affairs
31 DEC
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30 DEC
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29 DEC
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28 DEC
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27 DEC
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November 2016 Current affairs
30 NOV
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29 NOV
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October 2016 Current affairs
31 OCT
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