Chennai, May 19 -- The Tamil Nadu government on Monday signed Memoranda of Understanding (MoU) with seven banks aimed at offering insurance cover at free cost to all its employees as part of salary account package.
The MoU would offer a customised Salary account package for employees of the State Government, including employees of the Police, Forest, Fire and Rescue Departments.
The newly launched Salary account package comes with comprehensive insurance coverage at zero cost to the employees, was one of the most attractive offerings in the banking sector.
The MoUs were signed with the State Bank of India, Indian Overseas Bank, Indian Bank, Canara Bank, Axis Bank, Bank of Baroda (BOB) and Union Bank of India in the presence of Chief Min...