The Union Bank of India has signed an agreement with the South Central Railway (SCR) to provide banking services to its employees. The chief general manager of Union Bank of India’s Hyderabad Zone, Kare Bhaskar Rao, explained the benefits of the Super Salary Account, including free personal accident insurance, air accident insurance cover, and group term life insurance.
In addition to these features, the bank also offers concessional health insurance for families, accident insurance on debit cards, temporary overdraft facilities, and reduced interest rates on loans. P Kishore Babu, the principal chief personnel officer of SCR, praised Union Bank of India for its services and for implementing government-sponsored schemes that cater to the needs of various customer segments.
Overall, the partnership between Union Bank of India and SCR aims to provide comprehensive banking services to railway employees, with a focus on financial security and benefits for account holders.
