Bank of Baroda has entered into a memorandum of understanding (MoU) with the Government of Tamil Nadu to offer a customised salary account package for employees of the State Government, including employees of the Police, Forest, Fire & Rescue Departments. The newly launched salary account package comes with comprehensive insurance coverage at zero cost to the employees, making it one of the most attractive offerings in the banking sector.
The bank's customised salary account for Tamil Nadu State Government employees comes with complimentary insurance benefits like Personal Accident Insurance with maximum coverage of Rs 1.55 crore, Term Life Insurance coverage of Rs 15 lakh, Permanent Total Disability Cover of up to Rs 1 crore & Hospicash Facility of Rs 2000 per day for daily hospitalisation.
Bank of Baroda is engaged in providing various services, such as personal banking, corporate banking, international banking, small and medium enterprise (SME) banking, rural banking, non-resident Indian (NRI) services and treasury services.
