- Through this MoU, BOB will be offering customized banking services along with a host of facilities to the account holders.
- The banking services will be offered through ‘Baroda Military Salary Package’.
- Also, the bank has renewed its MoU with the Indian Army to offer customized banking solutions.
- The ‘Baroda Military Salary Package’ will be offered through 8200 domestic branches of the bank and through 20,000 business correspondents touchpoints.
- The package will be offered to serving as well as retired officers of IN and ICG.
- The package is comprised of benefits like free personal accident insurance cover, permanent total disability cover, Partial disability Cover and Air Accident Insurance Cover of sizable amounts.
- The package also offers benefits like Higher Education Cover and Girl Child Marriage Cover on death in case of serving personnel.
- It is also included with unlimited free ATM transactions at all bank ATMs, waivers or concessions on various service charges in retail loans, free remittance facility through RTGS/NEFT, free Demand Draft/Banker’s Cheque, substantial discount in locker rentals, and various additional benefits in the usage of Cards.
- Static Part:
- HQ of BOB: Vadodara, Gujarat
- MD and CEO of BOB: Sanjiv Chadha.
- Tagline of BOB: India’s International Bank
Question:
a. Federal Bank
b. Bank of Baroda
c. State Bank of India
d. HDFC Bank
