Uttarakhand govt signs MOUs with different banks to provide benefits to govt employees

Dehradun (Uttarakhand) [India], October 16 : In the presence of Chief Minister Pushkar Singh Dhami and Finance Minister Premchand Aggarwal, State Bank of India, Bank of Baroda, Union Bank of India, Canara Bank and District Cooperative Bank signed an MoU with the Uttarakhand government for corporate salary package and other benefits for government personnel at the Secretariat on Wednesday. Currently, about 64 per cent of the state's government personnel who have salary accounts in these banks will benefit from this contract.
The state government, under the leadership of Chief Minister Pushkar Singh Dhami, decided on this contract keeping in mind the interests of government personnel. The Chief Minister expressed hope that all these banks will continue to work continuously to make the corporate salary package more beneficial for the employees. Our effort will be that in future 100 percent of the employees can take advantage of this beneficial package. In the branches of these banks, the account holders of salary savings account in salary accounts will be provided the facility of personal insurance cover as well as other financial benefits. Under this, in case of accidental death, total disability and partial disability, the dependents of the personnel will be provided the benefit of claim in the form of compensation and other benefits without paying any premium.
As per the agreement between the State Government and these 05 banks, in the unfortunate event of death of any personnel, this coverage will provide financial assistance to their family, which will be between Rs. 30 lakh to Rs. 100 lakh. In case of total disability, financial assistance of Rs. 30 lakh to Rs. 50 lakh and in case of partial disability, financial assistance of Rs. 10 lakh to Rs. 40 lakh will be provided by the bank under the package. Along with this, there is also a provision of financial assistance in this package for the upcoming needs like medical treatment, ambulance facility, education of children, marriage of daughter due to accident. In case of natural death of personnel, the bank will also provide contribution of Rs. 3 lakh to Rs. 10 lakh to avoid the challenges faced by their dependents.