Mizoram Police inks MoUs with 4 banks for welfare of its personnel

Aizawl: Mizoram Police on Thursday inked Memorandum of Understanding with four banks for the welfare of its employees for salary packages at Mizoram Police Headquarters, Aizawl. The MoUs were signed with four leading banks namely, Axis Bank, Bank of Baroda, HDFC and ICICI Bank Ltd.

Mizoram Police said, “We are committed to the welfare of our men/ women and their families.”

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Named ‘Mizoram Police Salary Package,’ the MoUs signed today pertains to various attractive offers offered by the banks for Mizoram police personnel, for having salary account with the banks of their choice, Mizoram Police.

It further added that the agreement has been initially signed or a period of three years, which may be extended or terminated upon mutual consent. During this period, any salary account holders of Mizoram police personnel may avail such benefits from the banks concerned. The rates and amounts offered by the banks, though differ, include coverages like personal accidental death, air accidental death, unlimited ATM transaction, personal & home loan, overdraft policy, child education & marriage benefits and many more.

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Mizoram Police furthermore said that “details of the agreement (MoU documents) are being communicated to all ranks of Mizoram police to ensure maximum benefits for all concerned. Agreement of this kind had already been signed with only State Bank of India (SBI) way back in 2016, which is still in force. It is hoped that it will give an informed choice to police personnel to have their interests served in the best possible manner.”

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