CNN Central News and Network–ITDC India ePress / ITDC News Bhopal:
A Memorandum of Understanding (MoU) has been signed between the West Central Railway (WCR) administration and Axis Bank Limited to facilitate benefits under the Railway Salary Package (RSP). This MoU will benefit all regular employees of WCR who have their salary accounts with Axis Bank. WCR has approximately 55,000 employees, including those from the Jabalpur, Bhopal, and Kota divisions, as well as workshops in Bhopal and Kota.

The MoU was signed by Deputy Chief Personnel Officer (HR) Purnima Jain and Executive Vice President Satpreet Chelawat. Present on the occasion were Principal Chief Personnel Officer Prabhat, Chief Personnel Officer/Administration Deepak Kumar Gupta, along with other WCR officials and employees. Representing Axis Bank were Corporate Salary Director Gurwinder Singh Sandhu, Regional Head Salary Mrs. Mili Singhal, and Ravi Gautam.

Key Benefits under the Railway Salary Package:

  1. Personal Accident Insurance: Coverage of ₹1 crore.
  2. Natural Death Insurance: Coverage of ₹10 lakh.
  3. Air Accident Insurance: Coverage of ₹1 crore (available on flight tickets purchased using the bank’s debit card).
  4. Special Plans for Parents.
  5. Permanent Total Disability Insurance: Coverage of ₹1 crore.
  6. Permanent Partial Disability Insurance: Coverage of ₹75 lakh.
  7. Zero Balance Account.
  8. Airport Lounge Access: Provided with a primary debit card and other facilities.
  9. Free ATM Transactions: Up to 30 transactions across all bank ATMs.
  10. Free E-Statements and Online NEFT/RTGS services.

This collaboration aims to enhance the financial security and convenience of WCR employees, ensuring a robust set of benefits tailored to their unique needs.

#WCR #AxisBank #RailwayEmployees #EmployeeWelfare