NEWS & ADVICE : FIXED DEPOSITS
IDBI Bank and Indian Army tie up for salary a/c service
By Neelima Shankar
May 16, 2011
Print    Email    RSS   

Public sector lender IDBI Bank has inked deal with the Indian Army for offering personalized salary accounts to defence personnel.

The two entities have signed a memorandum of understanding (MoU) in this regard.

As per the deal, the bank would also be setting up ATMs and branches at centers approved by the Indian Army for the benefit of the defence personnel.

Special officers have been assigned by the bank for these branches who would be catering to the needs of the customer segment.

Salary accounts will be opened for Army people without any commission being charged for the same.


 


(Comments Posted : 0) Post Your Comments
Show All Comments
COMPARE QUICKLY
 Select a product:
 

CALCULATE QUICKLY
 Select a product:
 

EDITORS' PICKS
12 point conduct checklist for bank and...
Tax saver fixed deposits in India earn you...
Medical Insurance: Save tax along with health
Some Quick Facts about Wealth Tax in India!
J&K Bank raises PLR


NANGAL: CaℒL Giℛℒ In Una 09855660911 Escoℛt...
Chandigarh@CaℒL Giℛℒ In Rajpura +O9855660911...
If I invest 100000 rupees deposit for 2 year , how...

NEWS THIS WEEK
Federal Bank launched V connect for its customers Feb 12, 2015
Andhra Bank on expansion mode Feb 11, 2015
Dena Bank earned a profit of 13%. Feb 9, 2015
Banks expected to cut down the rates Feb 5, 2015
RBI kept the rates unchanged Feb 4, 2015
News Archive