New Delhi: In a move aimed at strengthening financial support for paramilitary personnel, Bank of India (BOI) has signed a Memorandum of Understanding (MoU) with the Central Reserve Police Force (CRPF) to extend the BOI Rakshak Salary Package to CRPF personnel and veterans. The MoU was signed during a formal ceremony held at CRPF Headquarters, New Delhi.
Key Benefits Under the MoU
Under this partnership, CRPF personnel will be eligible for a range of enhanced benefits, including:
- Free comprehensive Personal Accident Insurance (PAI) cover
- Attractive offers on Debit and Credit Cards
- Access to a host of value-added banking services tailored for defence and paramilitary personnel
The initiative is designed to provide CRPF personnel with financial security, convenience, and support, ensuring they can access banking services and insurance facilities efficiently.
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MoU Exchange Ceremony
The MoU signing ceremony was chaired by Mr. Kabib K, IPS – Inspector General (ADMN), CRPF. Other dignitaries in attendance included Mr. D. S. Negi, DIG (ADMN), CRPF, and Ms. Shampa Sudhir Biswas, General Manager, Bank of India, along with senior officials from both organizations.
Addressing the gathering, Mr. Kabib K expressed gratitude to Bank of India for providing a comprehensive range of banking services specifically designed for CRPF personnel. Ms. Shampa Sudhir Biswas highlighted BOI’s pride in collaborating with the CRPF and reaffirmed the bank’s commitment to delivering superior banking products and customer service, supported by advanced digital infrastructure.
About the BOI Rakshak Salary Package
The BOI Rakshak Salary Package is a specially designed salary account catering to the unique requirements of personnel in the Defence Forces, Paramilitary Forces, and State Police. It offers a suite of benefits, including Personal Accident Insurance, Air Accident Coverage, and other exclusive banking features to provide financial protection and convenience to its account holders.
About Bank of India
Bank of India, one of India’s leading public sector banks, offers a wide range of banking products and financial services to meet the needs of individuals, corporates, and government entities. With a strong presence across urban and rural India, BOI focuses on delivering inclusive banking solutions supported by modern digital infrastructure and customer-centric services.
