Mushtaq Pulwama
Srinagar, March 5:
HDFC Bank has signed a Memorandum of Understanding with Steel Authority of India Limited (SAIL) for Corporate Salary Relationship. Under the MoU, over 60,000 on-roll and 65,000 contractual employees of SAIL now have the opportunity to move to HDFC Bank’s Corporate Salary Account.
The move will vastly benefit the employees of SAIL from the host of facilities offered as a part of the account.
This relationship also offers extended benefits exclusively for the employees of SAIL including family banking facility, personal and air accident cover, medical top-up and exclusive range of credit cards and access to attractive offers on personal loans, home loans, auto loans and two-wheeler loans.
The MoU with SAIL marks HDFC Bank’s 5th association with a Public Sector Undertaking (PSU) for corporate salary relationship. HDFC Bank already hosts salary accounts some of the other PSU across various industries including petroleum, infrastructure, food security and warehousing.
