The country’s third-largest private lender Axis Bank has signed MOU with the Indian Army offering a defence service salary package under its “Power Salute” initiative. The Defence service salary package will offer different benefits to all ranks of army officers. The benefits of the MoU will cover both serving Defence personnel as well Defence pensioners.
Buy Prime Test Series for all Banking, SSC, Insurance & other exams
According to the bank, it will offer–Personal accidental cover of up to ₹56 lakh to all army personnel; additional up to 8 lakh education grant; total Permanent Disability Cover benefit up to 46 lakh; permanent partial disability cover of up to ₹46 lakh; air accident cover of ₹1 crore, and free additional debit card for a family member.
Important takeaways for all competitive exams:
Every year, July 28 is celebrated as World Hepatitis Day for the purpose of raising…
In the women's 25m pistol category at the ISSF World Cup 2026 in Hangzhou, China,…
Gyaneshwari Yadav has won the silver medal in the 53kg women's division at Glasgow, where…
Ajaya Babu won the silver medal in the men's 79kg category after a spectacular performance…
Sarvesh Anil Kushare won silver in the men's high jump in Glasgow. The Indian national…
Sharmila Dhankar clinched the gold medal and Shilpa Shyla got the bronze medal at the…