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Blog Entry# 6160605
Posted: Aug 17 (19:00)

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IR Affairs
SR/Southern
Aug 17 (19:00)   HDFC Bank to Manage Salary Accounts of Southern Railway Employees, Offers ₹1 Crore Accidental Death Coverage

Exynos9611~   19517 news posts
Entry# 6160605         Tags   Past Edits
HDFC Bank set to take over majority of salary accounts in Southern Railway

HDFC Bank will manage the salary accounts of over 60,000 Southern Railway employees and pensioners in Chennai Division, offering benefits like ₹1 crore personal accidental death compensation. This move follows an MoU signed between the bank and the Chennai Division. The package also includes five zero-balance savings accounts, a platinum debit...
more...
card with airport lounge access, free ATM transactions, cyber insurance, waived locker fees, preferential loan rates, and unlimited chequebooks and demand drafts. The bank aims to expand the offer to other Southern Railway divisions, targeting over 184,000 accounts. Other banks, like Union Bank of India, are also offering similar salary account packages with benefits like insurance coverage and discounted health insurance.

HDFC Bank Chennai Division ke 60,000 se zyada Southern Railway ke employees aur pensioners ke salary account manage karega, aur ₹1 crore ka personal accidental death compensation jaise benefits dega. Is deal ke pehle bank aur Chennai Division ne MoU sign kiya tha. Is package mein 5 zero-balance saving account, platinum...
more...
debit card with airport lounge access, free ATM transactions, cyber insurance, waived locker fees, preferential loan rates, aur unlimited chequebooks aur demand drafts bhi shamil hain. Bank ka plan hai ki ye offer Southern Railway ke dusre divisions mein bhi extend kiya jaaye, aur 184,000 se zyada accounts target kiye jaayein. Union Bank of India jaise dusre banks bhi insurance coverage aur discounted health insurance jaise benefits ke saath similar salary account packages offer kar rahe hain.

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