MUMBAI:
The Indian Army renewed its MOU with Axis Bank, to offer ‘Power Salute’, a salary account, exclusively designed for the Army personnel.
To reinforce its commitment towards providing best in class Banking services to this customer segment, the bank will continue to offer customized solutions to address the requirements of the Army personnel. The MOU signing ceremony was presided by Lt Gen SK Saini, AVSM, YSM, VSM, DG (MP&PS) of the Indian Army and was attended by Sanjay Silas, President & Head Branch Banking, Axis Bank and other senior officials from the Bank.
Speaking on the occasion, Sanjay Silas, President & Head Branch Banking, Axis Bank, said, “Axis Bank is proud to be of service to the Indian Armed Forces and we will continue to offer special and exclusive Banking services for the Defence personnel and their families.”
In addition to the core banking services, the bank will also offer special services like zero balance and joint account features of Rs.30 lac for personal accidental cover, upto Rs. 30 lac for partial and total permanent disability cover, Rs. 2 lac of education benefit for wards of defence personnel (in case of accidental death of Defence personnel) and zero processing fees on Home Loan, Personal Loan and Auto Loan. The benefits of the MoU will cover both serving Defence personnel as well Defence pensioners.
Axis Bank has also launched an exclusive toll free helpline number 1800 4198 007 to serve the Uniformed Force.

more recommended stories
Invest Kerala Global Summit Pins High Hopes on Futuristic TechnologyKOCHI:Investment prospects in a range of.
Findi Secures ₹500 Crore Deal from Union Bank of IndiaNEW DELHI:Findi Ltd (ASX: FND), through.
Fastrack Launches Award-winning “BARE Collection”BENGALURU:Fastrack, India’s leading youth fashion accessories.
Ambuja Cements Empowers Rural Women Entrepreneurs in BhataparaCHHATTISGARH:Ambuja Cements, the cement and building.
4-day STONA 2025 Sees over 30,000 VisitorsBANGALORE:The 16th International Granite and Stone.
Govt Will Ensure Realisation of Proposals at Invest Kerala Summit: Minister RajeeveKOCHI:The state government will ensure that.
Indian Standards Should be Accorded Top Priority: CentreNEW DELHI:Implementation of Indian Standards should.
Reflections Info Systems Among Fastest Growing Tech FirmsTHIRUVANANTHAPURAM:Reflections Info Systems, a leading technology.
BPCL and Eco Wave Power Sign Landmark MoUNEW DELHI:In a major step toward.
Invest Kerala Global Summit to Focus on Key SectorsTHIRUVANANTHAPURAM:The ‘Invest Kerala Global Summit’ (IKGS.