Axis Bank Signs MOU With Food Corporation of India To Provide “Ultima Salary Package”

Axis Bank, India’s third largest private sector bank, has signed an MOU with Food Corporation of India (FCI) to provide “Ultima Salary package”, a best in class salary account with exclusive benefits & features to all its employees. With this MOU, the Bank has reinstated its commitement towards offering holistic banking services to the employees of Public Sector Undertakings (PSU) sector.

A signing ceremony was held at FCI Headquarters, New Delhi where FCI was represented by Shri G. N Raju, GM HQ and Axis Bank was represented by Shri Anil Agarwal, President, Financial Institutions Group & Lt Col M.K Sharma, National Accounts Head.

Through this exclusive Ultima Salary package, the Bank will offer numerous benefits such as –

·         Personal Accidental cover of upto Rs. 20 lakhs

·         Additional Education Grant upto Rs. 8 lakhs

·         Total Permanent Disability Cover benefit upto  Rs. 20 lakhs

·         Permanent Partial disability cover of upto Rs. 20 lakhs

·         Air Accident cover of Rs. 1 Crore

·         Free additional debit card for a family member

·         12 EMI waiver on Home loan

·         3 zero balance accounts for family member

·         Universal account number wherein all Axis Bank branches will function as a “Home branch”

This MOU is a reflection of Axis Bank’s constant endeavour to address the banking requirements of different customer segments, helping them meet their financial aspirations & milestones.

About Axis Bank:   

Axis Bank is the third largest private sector bank in India. Axis Bank offers the entire spectrum of services to customer segments covering Large and Mid-Corporates, SME, Agriculture and Retail Businesses. With its 4,759 domestic branches (including extension counters) and 10,161 ATMs across the country as on 30th June 2022, the network of Axis Bank spreads across 2,702 cities and towns, enabling the Bank to reach out to a large cross-section of customers with an array of products and services. The Axis Group includes Axis Mutual Fund, Axis Securities Ltd., Axis Finance, Axis Trustee, Axis Capital, A.TReDS Ltd., Freecharge and Axis Bank Foundation.

For further information on Axis Bank, please refer to the website: https://www.axisbank.com