PNB Signs MoU with BHEL to Offer Enhanced Salary Package Benefits to Employees
The agreement aims to offer serving BHEL employees a range of financial benefits, including comprehensive insurance protection, preferential banking services and concessions on home, education and vehicle loans.
The MoU was signed by M Sridhar, Director (Human Resources) of BHEL, and Rajendra Singh, General Manager (BA&RM) of PNB.
Under the arrangement, employees and their families will be eligible for enhanced insurance coverage, including education- and marriage-related covers for children, along with hospital cash benefits and family banking facilities.
Other benefits include preferential locker rentals, salary-linked overdraft facilities, zero-balance family accounts, complimentary essential banking services and credit cards.
Employees will also be eligible for concessions on processing and documentation charges for retail loans.
Officials from both organisations attended the signing ceremony, including K G Vijayalakshmi, Executive Director (Receivable Management), Suparna Sivakumar, Additional General Manager (Finance), Sanjay Sah, Assistant General Manager (HR), and Sunil Kumar, Manager (HR), from BHEL, and Shuchita Gupta, Chief Manager, and Rohit Bahri, Senior Manager, from PNB’s BA&RM Department.
