Bank of India (BoI), one of the leading public sector banks, enters into an MoU with the Coal India Limited (CIL), a Maharatna Company for providing salary account facilities to the employees of CIL and its subsidiaries.
The signing ceremony was held on Friday at the CIL.
BoI shall offer numerous benefits to the employees of CIL and its subsidiaries through this exclusive BoI salary package. It includes Group Personal Accidental Insurance Cover, Permanent, Partial Disability Cover and Air Accidental Insurance Cover. Additionally, the Bank shall also offer Child Education Benefits, Concessions in ROI and Processing Charges in Retail Loans, Locker Rentals and others.
The MoU is a reflection of BoI’s constant endeavor to serve the Coal India Employees and help them to meet their financial requirements seamlessly.
BoI’s digital Initiative and BOI Mobile Omni Neo app shall also help the Coal India personnel at remote areas to stay connected and get easy access to a bouquet of financial solutions.
