In the state Union Bank will provide corporate banking services for M.P. transco’s salary account holders
Jabalpur. In Madhya Pradesh , Union Bank of India will now provide facilities under corporate banking services for personnel of Madhya Pradesh Power Transmission Company (MP Transco). It is noteworthy that Union Bank of india and M.P. Transco Signed MOU, in which maximum facilities have been provided by Union Bank under the salary account holders of Transco. Chief Financial Officer of MP Transco, Mr. Mukul Mehrotra said that Union Bank will facilitate excessive new facilities to M.P. Transco’s personnel , including a corporate salary account equipped with digital products, in addition to interest rebate in loan accounts, locker fare discount, rupee selection debit card (top variant), medical and accident Insurance, term life insurance and over drawl facilities are also included. These facilities in Union Bank will be available for M.P. Transco’s salary account personnel.For the employee having less than 75 thousand salary the bank provided Union Super salary account executive & union premiere salary account for more than 75000/- salary. This includes many facilities like free personal insurance, hospital insurance facility, free air accident insurance up to Rs 10 lakh, cash withdrawal limit of up to Rs 1 lakh from ATM, POS cash withdrawal of up to 03 lakhs. Apart from this, every quarter includes 01 free health checkups, free gym membership for the family, , lounge access will be provided 12 times a year for domestic airports, loan facilities for all salary accounts will also be given exemption.Other facilities will have 100 percent discount in processing fees for home loans of more than Rs 25 lakh and 0.10 percent discount on home and vehicle loan interest rate. Also, benefits will be given for the family like discounted health insurance, OTT subscription 01 times a year like free lifestyle.
