MP. Bank of Maharashtra will provide for salary account holders of Transco

Bhopal : In the state, Madhya Pradesh Power Transmission Company (MP Transco) has signed an MOU with Bank of Maharashtra, increasing the option for its employees to receive salaries from other banks. Under this, Bank of Maharashtra will now provide the facilities available under Salary Saving Account Scheme banking services according to the salary variant.

These facilities will be available from the bank

Chief Financial Officer Shri Mukul Mehrotra informed that under this agreement, Bank of Maharashtra, M.P. New special benefits will be provided to the account holding employees of TRANSCO which include General Death Insurance up to Rs. 10 Lakh, Air Accident Insurance Cover, Accident (Death) Insurance Cover, Disability Insurance Cover, Waiver in processing fees of various loans, Medical Insurance etc.

Apart from this, the Salary Saving Account Scheme equipped with digital products will provide banking facilities without fees and processing fee waiver in loan accounts, locker rent waiver, various facilities of Bank of Maharashtra RuPay Card, Debit Card (Top Variant), Super Topup Health Insurance etc. facilities are available in Bank of Maharashtra M.P. Will be available to employees holding salary accounts of Transco.