Axis Bank signs MoU with Maha Forest Department for salary accounts *Axis Bank has signed a Memorandum of Understanding (MoU) with the Maharashtra Forest Department, offering special salary account ‘Axis Republic’ to their employees.
This salary account will offer numerous benefits to the forest department personnel, which will help them meet their financial needs and aspirations, the bank said in a release.
Among the key features, the salary account will offer personal accidental cover of up to Rs 40 lakh to all forest department personnel, education grant of up to Rs 8 lakh for children, and total permanent disability cover of up to Rs 40 lakh, the bank said.
Among others, it will also offer health insurance services, 12 EMIs off on regular payments, as well as preferential rates on personal and auto loans. PTI KPM SHW ABM ABM
