Bandhan Bank Partners with Indian Air Force for Shaurya Salary Account

(mohsina bano)

New Delhi : Bandhan Bank has signed a Memorandum of Understanding (MoU) with the Indian Air Force (IAF) to provide the Bandhan Bank Shaurya Salary Account. This specially designed corporate salary account offers seamless banking services and customized financial benefits to Indian Air Force personnel.

Key Benefits of the Shaurya Salary Account:

✅ Zero-balance savings account
✅ Insurance coverage for personnel & family
✅ Attractive interest rates and exclusive banking benefits

With over 1,700 branches, Bandhan Bank will provide these exclusive services to IAF personnel. Additionally, 557 designated branches have been set up as SPARSH Service Centers in collaboration with the Controller General of Defence Accounts (CGDA) to serve defence pensioners and their families.

Agreement Signing & Bank’s Commitment

The MoU was signed by Air Vice Marshal Updesh Sharma, VSM (Assistant Chief of Air Staff – Accounts & Airmen) and Debaraj Saha (Head, Government Business Group, Bandhan Bank). Senior officials, including Rajinder Babbar, Executive Director & Chief Business Officer, Bandhan Bank, were also present at the event.

Commenting on the partnership, Rajinder Babbar stated,
"As a leading pan-India universal bank, Bandhan Bank is deeply committed to supporting the nation through every initiative. Through sustainable partnerships with key government organizations, we take pride in delivering world-class banking solutions built on trust and excellence."

Bandhan Bank has been appointed as an Agency Bank by the Reserve Bank of India (RBI) and is authorized by the Central Board of Direct & Indirect Taxes for tax collection, central civil pension, and railway pension disbursement.

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