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.
FreshersLive - No.1 Job site in India. Fresherslive Current Affairs 2016 section offers informative quiz questions with answers regarding latest current affairs today for all sorts of competitive exams like UPSC, TNPSC , IFS, IAS, IPS, railway exams (RRB) and banking exams like IPBS PO, IPBS clerk, Federal Bank PO, ICICI, SBI, RBI legal officer & Grade officer posts and much more. Register with us to get latest Current Affairs Updates. Also get latest Current Affairs news and quiz Updates for free alerts daily through E-mail