Axis Bank offers ‘Axis Republic’ to Maharashtra Forest Department

December 22, 2021

Axis Bank, India’s third-largest private sector bank, has signed a Memorandum Of Understanding (MoU) with the Maharashtra Forest Department, offering ‘Axis Republic’, a salary account specially designed to provide banking services to the protectors of nature.

The signing ceremony was held at the Maharashtra Forest Department Office, Civil Lines in Nagpur. The Maharashtra Forest Department was represented by Mr. G. Saiprakash, Principal Chief Conservator of Forests- Maharashtra State (HOFF) Head of Forest Force and Axis Bank was represented by Mr. Lalit Chopra, Executive Vice President, Regional Branch Banking Head – West.

This special salary account will offer numerous benefits to the forest department personnel, which will help them meet their financial needs and aspirations:

Personal Accidental cover up to ₹40 lakhs* to all forest department personnel
Education grant up to ₹8 lakhs for the children
Total Permanent Disability cover up to ₹40 lakhs*
15/30 Lakhs* health insurance top-up for entire family at ₹1999/2499
12 EMIs off*on regular payments of EMIs on Home Loan and Preferential rates on Personal & Auto Loans

On the occasion, Ravi Narayanan, Group Executive and Head – Branch Banking, Retail Liabilities & Products, Axis Bank said, “At Axis Bank, we are fully committed to support and safeguard the financial interests of our government officials, who are relentlessly working towards the greater good of the society. It gives us immense pleasure to serve the Forest Department personnel who have devoted their lives to restoring and maintaining the environment and wild life, thereby ensuring a better tomorrow for all of us.”

*Terms & Conditions apply.