J&K Bank on Sunday signed a Memorandum of Understanding (MoU) with Shri Mata Vaishno Devi University (SMVDU), Kakryal, Katra, to extend value-added and customised banking solutions to the university employees under its Corporate Salary Package (CSP).
The agreement will enable SMVDU employees to avail a range of preferential financial services and banking benefits aimed at enhancing their banking experience and financial well-being.
The MoU was signed at the office chamber of the Vice Chancellor of the university, with Registrar Ajay Kumar Sharma and J&K Bank Zonal Head (Udhampur) Lalit Prakash signing the agreement on behalf of SMVDU and the bank, respectively.
The signing ceremony was attended by Vice Chancellor Prof. (Dr.) Pragati Kumar, Finance Officer Kajal Jasrotia, Cluster Head Reasi Amit Bargotra, Chief Manager Ashish Gupta and Branch Head Katra Kapil Nanda.Speaking on the occasion, Lalit Prakash said the agreement reflects the bank’s continued efforts to strengthen institutional partnerships while offering customised financial solutions to employees.We are confident that the comprehensive benefits offered under our Corporate Salary Package will further enhance the banking experience and financial well-being of the university staff,” he said.
Vice Chancellor Prof. (Dr.) Pragati Kumar appreciated the bank’s customer-centric approach and said J&K Bank has remained a trusted financial partner with a strong understanding of institutional requirement
We are pleased to formalise this association and are confident that the benefits extended under this arrangement will be valued by our faculty and staff members,” he said.
Earlier, Chief Manager Ashish Gupta welcomed the participants and briefed them on the facilities and benefits available under the Corporate Salary Package.
Under the agreement, all employees of SMVDU Kakryal will be accorded the status of “Most Favoured Client” and will be eligible for specialised salary account variants, personal accidental insurance cover and a host of preferential banking services.
These include free cash withdrawal and deposit facilities across branches, locker facilities at concessional rates, enhanced ATM and POS transaction limits, complimentary global debit cards, digital banking services, concessional loan pricing and credit card-related benefits.
