Axis Bank signed an MoU with the Indian Navy to offer a defence service salary package under ‘’Power Salute’’ at New Delhi. Through the agreement, the bank will provide several benefits to all ranks of Indian Navy veterans and cadets. ICICI Bank also renewed its MoU with the Indian Army to offer enhanced benefits and new features through its ‘Defence Salary Account’ (DSA) to all serving as well as retired Army personnel.
Buy Prime Test Series for all Banking, SSC, Insurance & other exams
Major benefits included under “Power Salute” are an accidental cover up to INR 56 lakh, children education grants up to INR 8 lakh, total permanent disability cover up to INR 46 lakh, partial permanent disability cover of up to INR 46 lakh and air accidental cover of INR 1 crore, zero processing fee and 12 EMI (Equated Monthly Installment) waivers on the home loan.
Important takeaways for all competitive exams:
India has many beautiful valleys filled with greenery, rivers, and mountains. Some of these valleys…
Federation of Indian Chambers of Commerce and Industry (FICCI) has appointed the Anant Swarup as…
Honorable Chief Minister of the Andhra Pradesh N. Chandrababu Naidu has launched the Amaravati Quantum…
Melie Kerr the captain of the New Zealand women team has been named the ICC…
T20 World Cup 2026 Player of the Tournament Sanju Samson has been awarded the ICC…
Money is very important in our daily lives. Every country usually has its own currency,…