Bandhan Bank signs agreement to provide banking services to Army personnel

    Kolkata, Jan 5 (PTI) Private lender Bandhan Bank on
Tuesday said that it has signed an agreement with the Indian
Army to provide banking services to the personnel of the
    The bank got the mandate to maintain zero-balance
salary accounts of the Army personnel, the lender said in a
    They will be offered other preferential services such
as six per cent interest on balance over Rs one lakh,
unlimited free ATM transactions across ATMs, waiver of
issuance and annual charge on Shaurya Visa Platinum Debit Card
and unlimited free NEFT/RTGS/IMPS/DD transactions.
    Bandhan Bank Shaurya Salary Account also offers
protection for self and assets. This includes free personal
accident insurance of Rs 30 lakh, air accident cover of Rs one
crore and free educational benefit of up to Rs one lakh per
year for four years to a dependent child in case of accidental
death of the account holder, the statement said. PTI dc

(This story has not been edited by THE WEEK and is auto-generated from PTI)