ICICI Bank to offer special services to the army

ICICI Bank has renewed its agreement with the army offering specially created benefits to the army personnel and pensioners through its 'defence salary account' by adding accidental insurance cover of Rs 1 crore on death and Rs 30 lakh for total or partial disability across all ranks.

ICICI Bank to offer special services to the army
ICICI Bank offer to provide special services to the Indian army. Image Source: Reuters

ICICI Bank has renewed its agreement with the army offering specially created benefits to the army personnel and pensioners through its 'defence salary account' by adding accidental insurance cover of Rs 1 crore on death and Rs 30 lakh for total or partial disability across all ranks.

The service includes a bouquet of benefits including a zero balance account, preferential allotment of lockers and waiver on processing fees on home, auto and personal loans for Gallantry award winners and up to Rs 1 lakh of financial assistance for higher education.

It also offers unlimited free ATM transactions. 

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Updated: Thu, Sep 27, 2018
10:25 AM IST
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