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Military inks pacts with 11 banks to offer banking amenities to Agniveers

Through PTI

NEW DELHI: The Indian Military has stated it has signed agreements with 11 banks to offer banking amenities to Agniveers after their enrolment, the defence ministry stated on Saturday.

In June, the federal government introduced the ‘Agnipath’ scheme for the 3 services and products to recruit youths between the age bracket of 17-and-half years and 21 for best 4 years with a provision to retain 25 in step with cent of them for 15 extra years.

For 2022, the higher age restrict has been prolonged to 23 years. The 3 services and products are lately endeavor the recruitment procedure below the brand new scheme. The primary batch of Agniveers can be becoming a member of Military coaching Centres via January subsequent 12 months.

“The Indian Military has signed historical MoU with 11 Banks viz State Financial institution of India, Punjab Nationwide Financial institution, Financial institution of Baroda, IDBI Financial institution, ICICI Financial institution, HDFC Financial institution, Axis Financial institution, Sure Financial institution, Kotak Mahindra Financial institution, IDFC First Financial institution and Bandhan Financial institution for offering banking amenities to Agniveers on enrollment,” the defence ministry stated.

The Memorandums of Figuring out (MoUs) had been signed on Friday.

“The options and advantages introduced below Agniveer wage bundle are very similar to the defence wage bundle,” it stated in a remark.

NEW DELHI: The Indian Military has stated it has signed agreements with 11 banks to offer banking amenities to Agniveers after their enrolment, the defence ministry stated on Saturday.

In June, the federal government introduced the ‘Agnipath’ scheme for the 3 services and products to recruit youths between the age bracket of 17-and-half years and 21 for best 4 years with a provision to retain 25 in step with cent of them for 15 extra years.

For 2022, the higher age restrict has been prolonged to 23 years. The 3 services and products are lately endeavor the recruitment procedure below the brand new scheme. The primary batch of Agniveers can be becoming a member of Military coaching Centres via January subsequent 12 months.

“The Indian Military has signed historical MoU with 11 Banks viz State Financial institution of India, Punjab Nationwide Financial institution, Financial institution of Baroda, IDBI Financial institution, ICICI Financial institution, HDFC Financial institution, Axis Financial institution, Sure Financial institution, Kotak Mahindra Financial institution, IDFC First Financial institution and Bandhan Financial institution for offering banking amenities to Agniveers on enrollment,” the defence ministry stated.

The Memorandums of Figuring out (MoUs) had been signed on Friday.

“The options and advantages introduced below Agniveer wage bundle are very similar to the defence wage bundle,” it stated in a remark.