HDFC Bank has signed a Memorandum of Understanding with Steel Authority of India Limited (SAIL) for Corporate Salary Relationship. The move will benefit the employees of SAIL from the host of facilities offered as a part of the account. SAIL is one of the largest steel-making companies in India and one of the Maharatnas of the country’s central public sector enterprises.
This relationship also offers extended benefits exclusively for the employees of SAIL:
- Family banking facility
- Personal and air accident cover
- Medical top-up
Manoj Mehta Sr. Vice President & Zonal Head EBFS, HDFC Bank said, “Through this partnership we look forward to catering to the banking needs of the 1,20,000 strong employee-base. They will have the benefit of an enhanced and differentiated experience as the benefits associated with a salary account are tailored to meet the needs of different industries.”
