India, March 25 -- Bank of India, one of India's leading public sector banks, announced the signing of a Memorandum of Understanding (MoU) with the Indian Air Force to extend the BOI Rakshak Salary Package to Air Force Personnel, Veterans and Agniveers (recruited under the Agnipath Scheme).

The MoU covers special benefits including enhanced free comprehensive Personal Accident Insurance Cover (PAI), attractive offers on Debit and Credit Cards and a host of other offers.

The ceremony for the exchange of MoUs was held on 20th March, 2025 at the Air Force Headquarters, New Delhi. Air Vice Marshal Updesh Sharma, VSM ACAS (Accts & AV) of the Indian Air Force chaired the ceremony. The event was also attended by Shri Sharda Bhushan Rai, Chief ...