PNB Signs MoU with BSNL to Offer Salary Accounts with Exclusive Benefits
This strategic tie-up is expected to strengthen the financial ecosystem for BSNL employees
Punjab National Bank (PNB), one of India’s leading public sector banks, has signed a Memorandum of Understanding (MoU) with Bharat Sanchar Nigam Limited (BSNL) to facilitate the opening of salary accounts for BSNL employees.
The MoU was signed in the presence of senior officials from both organizations. Representing PNB were Suresh Kumar Rana, CGM, BA & RM Division; Parveen Goyal, CGM, Delhi Zonal Office; Sanjeev Bhardwaj, GM, National Business Team; and Rajesh Kumar, GM, Delhi Zonal Office. From BSNL, the dignitaries included Prabhu Dayal Chirania, Sr. GM, Corporate Budget & Banking, and Shailender Kumar, DGM, Corporate Budget & Banking.
Under this agreement, PNB will provide BSNL employees with specially designed salary accounts that include a wide range of financial and insurance benefits to ensure their financial well-being and convenience.
Key Features of PNB Salary Accounts for BSNL Employees:
- Customised Account Number
- Free Hospicash facility
- Free Term Insurance
- Free Personal Air & Accidental Insurance Cover
- Free Accidental Education Cover & Girl Child Marriage Cover
- Free Family Banking benefits
- Overdraft Facility
- Special concessions in Home Loan and Car Loan interest rates, processing charges, and documentation charges
Speaking on the occasion, Suresh Kumar Rana, CGM, BA & RM Division, PNB, said: “We are delighted to partner with BSNL and extend our comprehensive bouquet of financial services to its employees. At PNB, we are committed to delivering value-added products that not only ensure the financial well-being of account holders but also support their families with a strong protection and benefit framework. This MoU reaffirms our dedication in building strong institutional partnerships for inclusive growth.”
This strategic tie-up is expected to strengthen the financial ecosystem for BSNL employees, providing them with secure, value-driven, and family-oriented banking solutions.
