Union Bank of India enters into Agreement with Delhi Municipal Corporation- North
by Shrutee K/DNS
New Delhi, - Oct 12, 2017: Union
Bank of India has entered into agreement with Delhi Municipal Corporation, North (DMC-North) for Digital salary disbursement
to all employees through Union Bank’s Centralized Salary Management System.
The salary for 57000 employees (approx.) will be
processed and disbursed in a single day without any manual intervention. The
system will facilitate seamless transfer of funds electronically with complete
MIS facility. It will help DMC-North for better management of funds, tracking
of funds, interpretation and decision making with effective monitoring tool in
the form of MIS. In turn, it will help DMC-North
to save lot of manpower & time.
Union Bank of India has always endeavored to
provide bouquet of financial products to all its Customers under one roof. Bank
will extend Union Super Salary Account with added benefits to the employees as
Accidental Insurance coverage, Retail loans as Housing Loan, Education Loan,
Vehicle Loan and Personal Loan at attractive interest rates .
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