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Bank of Baroda (BoB) has signed a Memorandum of Understanding (MoU) with Indian Army, under which the bank will offer customised services, along with a host of facilities to account holders.
The MoU includes free personal accident insurance cover, free air accident insurance cover of ₹15 lakh to ₹50 lakh, and an overdraft facility up to three times of the monthly net salary, the public sector bank said in a statement.
The features are also applicable for pensioners of Indian Army up to the age of 70 years, it said.
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