Corporation Bank inks pact with Indian Army

Posted on:10 Nov 2016 10:17:51
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.

Monthly Current Affairs

Current Affairs Section

Daily Current Affairs Quiz

Subscribe to Current Affairs

Enter your email to get daily current affairs

Current Affairs 2018 April

25 APRIL
NEWS
24 APRIL
NEWS
23 APRIL
NEWS
22 APRIL
NEWS

Current Affairs 2018 March

31 MARCH
NEWS
30 MARCH
NEWS
29 MARCH
NEWS
28 MARCH
NEWS

Current Affairs 2018 February

28 FEBRUARY
NEWS
27 FEBRUARY
NEWS
26 FEBRUARY
NEWS
25 FEBRUARY
NEWS