Categories: Banking

Axis Bank signed an MoU with FCI to provide “Ultima Salary Package”

India’s third largest private sector bank, Axis Bank has signed an MoU with Food Corporation of India (FCI) to provide “Ultima Salary Package”, a best-in-class salary account with exclusive benefits & features to all its employees. With this MoU, the Bank has reinstated its commitment to offering holistic banking services to the employees of the Public Sector Undertakings (PSU) sector. This MoU is a reflection of Axis Bank’s constant endeavour to address the banking requirements of different customer segments, helping them meet their financial aspirations & milestones.

Bank Maha Pack includes Live Batches, Test Series, Video Lectures & eBooks

Through this exclusive Ultima Salary package, the Bank will offer numerous benefits such as:

  • Personal Accidental cover of up to Rs.20 lakhs
  • Additional Education Grantupto Rs. 8 lakhs
  • Total Permanent Disability Cover benefit up to Rs. 20 lakhs
  • Permanent Partial disability cover of up to Rs.20 lakhs
  • Air Accident cover of Rs. 1 Crore
  • Free additional debit card for a family member
  • 12 EMI waiver on Home loan
  • 3 zero balance accounts for a family member

Important takeaways for all competitive exams:

  • Axis Bank Founded: 1993;
  • Axis Bank Headquarters: Mumbai, Maharashtra;
  • Axis Bank Chairman: Rakesh Makhija;
  • Axis Bank MD & CEO: Amitabh Chaudhary;
  • Axis Bank Tagline: Badhti Ka naam Zindag.

Find More Banking News Here

Sumit Arora

As a team lead and current affairs writer at Adda247, I am responsible for researching and producing engaging, informative content designed to assist candidates in preparing for national and state-level competitive government exams. I specialize in crafting insightful articles that keep aspirants updated on the latest trends and developments in current affairs. With a strong emphasis on educational excellence, my goal is to equip readers with the knowledge and confidence needed to excel in their exams. Through well-researched and thoughtfully written content, I strive to guide and support candidates on their journey to success.

Recent Posts

Asian Games 2026 Day 1: India’s Results and Medal Tracker

India's campaign at the Asian Games 2026 kick-off in Aichi-Nagoya in Japan, on the first…

4 hours ago

Weekly Current Affairs One Liners (14th September to 20th September, 2026)

Weekly Current Affairs One-Liners Current Affairs 2026 plays a very important role in competitive examinations…

5 hours ago

Which Indian State Has the Most GI-Tagged Textiles?

Tamil Nadu has the highest number of registered GI-tagged textile and handloom items compared to…

1 day ago

Alfred Tyrone Cooke, 1965 War Hero and Vir Chakra Awardee, Dies

Flight Lieutenant Alfred Tyrone Cooke, a highly decorated veteran of Indian Air Force and a…

1 day ago

Tulu Gets Second Additional Administrative Language Status in Karnataka

The Karnataka state government has made the Tulu as the second additional administrative language of…

1 day ago

Tamil Nadu Gold Ring Scheme 2026: Date, Eligibility and Key Details

Tamil Nadu Chief Minister C Joseph Vijay will inaugurate the state's scheme of providing gold…

1 day ago