New Delhi: Central Bank of India has signed a Memorandum of Understanding (MoU) with North Eastern Railway (NER) at Gorakhpur to offer the Cent Prestige Account and premium banking services to more than 40,000 NER employees.
Through the partnership, the bank will provide customised banking solutions and financial services designed to meet the banking requirements of NER employees.
Central Bank of India, NER Sign MoU at Gorakhpur
The MoU brings together Central Bank of India and North Eastern Railway with the objective of extending specialised banking facilities to NER employees.
Under the partnership, employees will have access to the bank’s Cent Prestige Account, along with a range of premium financial services.
The initiative is expected to strengthen the banking relationship between the financial institution and the railway organisation while providing employees with tailored banking solutions.
Over 40,000 NER Employees to Benefit
More than 40,000 employees of North Eastern Railway are expected to benefit from the partnership.
The key details of the agreement include:
- Partners: Central Bank of India and North Eastern Railway
- Banking Product: Cent Prestige Account
- Beneficiaries: More than 40,000 NER employees
- Location: Gorakhpur
- Focus: Tailored banking solutions and premium financial services
The partnership will enable the bank to extend its banking offerings to a large employee base of North Eastern Railway.
Officials Present at MoU Signing
The MoU was executed by senior officials from Central Bank of India and North Eastern Railway.
The officials involved included:
- D. K. Arjwani, Zonal Head, Lucknow Zonal Office
- Manoj Kumar, PCPO, North Eastern Railway
- Manoj Kumar, CPO, North Eastern Railway
- Ashish Sachan, DCPO, North Eastern Railway
The signing ceremony was held in the presence of Vibhor Agarwal, Regional Head, Gorakhpur, along with key officials from both organisations.
Partnership to Offer Premium Banking Services
Through the Cent Prestige Account, Central Bank of India aims to provide NER employees with banking services tailored to their financial needs.The collaboration is part of the bank’s efforts to expand its institutional partnerships and deliver customised banking solutions to employees of major organisations.
About Central Bank of India
Central Bank of India is a public sector bank in India offering a wide range of banking and financial services to individuals, businesses and institutions. Established in 1911, it provides services including savings and current accounts, loans, digital banking, corporate banking and other financial solutions through its extensive banking network.
