Bank of India signs MoU for Salary Accounts with Leading Corporates in Ranchi

 

Jharkhand/Ranchi(M Bharat 24 News Live): Bank of India today signed Memorandam of Understanding (MoUs) with several reputed corporates of Ranchi, Ram Kripal Singh Construction Pvt. Ltd., Anindita Steel Ltd., BPC Infraprojects Pvt. Ltd., Classic Engicon Pvt. Ltd. and Ramgarh Sponge Iron Pvt. Ltd. for providing salary account facilities to their employees, including Group Personal Accident (GPA) cover up to ₹2.00 crore.

The ceremony was held in the augustus presence of Shri Subrat Kumar, Executive Director and Shri Guru Prasad Gond, Field General Manager, Ranchi Zone.

This initiative is aimed at strengthening the Bank’s relationship with the corporate sector and expanding its retail customer base through salary account partnerships. Speaking on the occasion, Shri Subrat Kumar emphasized the Bank’s commitment to offering customer-centric banking services and highlighted the various benefits available to salary account holders, including zero-balance accounts, concessional loan schemes, insurance coverage, and comprehensive digital banking facilities.

The event was attended by senior officials of Bank of India, representatives of the partner organizations, and other dignitaries. The ceremony concluded with the formal exchange of MoUs and a vote of thanks.