TNPSC Thervupettagam

MoU on defence salary package

April 21 , 2018 2413 days 920 0
  • Indian Army has signed Memorandum of Undertaking (MoU) with HDFC Bank on the Defence Salary Package.
  • The first MoU between HDFC Bank and the Indian Army was signed in 2011 and was renewed on 13 Mar 2015.
  • The current MoU is tailor made to suit requirements of serving soldiers, pensioners and families.
  • Currently Indian Army has MoUs on Defence Salary Package with 11 public and private sector banks.

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