Categories: Banking

Bandhan Bank unveils account for army personnel

Private lender Bandhan Bank has signed an agreement with the Indian Army to provide banking services to the personnel of the force. The bank got the mandate to maintain and a Bank Shaurya Salary Account of the Army personnel. Bandhan Bank Shaurya Salary Account will have a zero balance facility. The Shaurya Salary Account also offers protection for self and assets.

WARRIOR 4.0 | Banking Awareness Batch for SBI, RRB, RBI and IBPS Exams | Bilingual | Live Class

About Bandhan Bank Shaurya Salary Account:

  • They will be offered other preferential services such as six per cent interest on balance over Rs one lakh, unlimited free ATM transactions across ATMs, waiver of issuance and annual charge on Shaurya Visa Platinum Debit Card and unlimited free NEFT/RTGS/IMPS/DD transactions.
  • This includes free personal accident insurance of Rs 30 lakh, air accident cover of Rs 1 crore and free educational benefit of up to Rs 1 lakh per year for four years to a dependent child in case of accidental death of the account holder.

Important takeaways for all competitive exams:

  • Bandhan Bank MD & CEO: Chandra Shekhar Ghosh.
  • Bandhan Bank HQ: Kolkata, West Bengal.
  • Bandhan Bank Founded: 2001.

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

Top-10 Richest Persons in the World in 2026, Check Their Names and Net Worth

In 2026, the number of billionaires in the world has reached a new record. There…

5 hours ago

India Targets Cocoa Production Boost with Long-Term Strategy for Self-Reliance by 2040

India is preparing to the long-term strategy to achieve the self-sufficiency in the cocoa production…

11 hours ago

ITC Achieves Global Farm Sustainability Assessment (FSA) 3.0 Certification in Major Agri Milestone

ITC Limited has become the first company in India to receive the globally recognized Farm…

11 hours ago

Who is known as the “Mozart of Madras?

Nicknames often reflect a person's talent and personality in a special way. In the world…

11 hours ago

Infosys Partners with Carlos Alcaraz to Power AI-Driven Sports Performance Solutions

Infosys has signed the multi year partnership with Carlos Alcaraz and appointed him as the…

11 hours ago

HAL and GE Aerospace Sign Key Deal to Co-Develop Advanced Jet Engines for India

To strengthening the defense capabilities of India Hindustan Aeronautics Limited (HAL) and GE Aerospace signed…

12 hours ago