MoU between Indian Navy and Banks for Salary/ Pension Accounts
1. A Memorandum of Understanding (MoU) with both Public and Private sector banks are concluded to facilitate/ leverage enhanced banking facilities for Indian Navy personnel for salary and pension accounts.
2. Presently MoU pertaining to salary/ pension accounts of Indian Navy personnel are valid with the following banks (copies uploaded on NUD):-
Ser | Bank | Category of Personnel covered under MoU |
---|---|---|
(a) | HDFC Bank | Officers, Sailors, Agniveers, Naval Civilians |
(b) | ICICI Bank | Officers, Sailors, Agniveers, Naval Civilians |
(c) | Union Bank of India | Officers, Sailors, Agniveers, Naval Civilians |
(d) | Bank of Baroda | Officers, Sailors, Agniveers, Naval Civilians |
(e) | Yes Bank | Officers, Sailors, Agniveers, Naval Civilians |
(f) | Induslnd Bank | Officers, Sailors, Agniveers, Naval Civilians |
(g) | State Bank of India | Officers, Sailors, Agniveers |
(h) | Punjab national bank | Officers, Sailors, Agniveers |
(j) | IDFC First Bank | Officers, Sailors, Agniveers |
(k) | Kotak Mahindra Bank | Officers Sailors, Naval Civilians |
(I) | Axis Bank | Officers, Sailors |
(m) | lDBI Bank | Officers, Sailors |