Bank of India partnered with Western Railway to extend insurance benefits
Public sector lender, Bank of India has announced its partnership with Western Railway through Memorandum of Understanding signed on 5th January, 2026.
Public sector lender, Bank of India has announced its partnership with Western Railway through Memorandum of Understanding signed on 5th January, 2026.
This Collaboration extends the exclusive benefits i.e. Rs. 12 Lacs Term Insurance, Rs. 130 Lacs PAI cover, Rs 130 Lacs Permanent Disability Cover, Rs. 200 Lacs Air Accidental Cover, Rs 10 Lakh Children Education benefit to Salary account holders and Rs. 50 Lakhs PAI for the Pensioners.
The agreement was signed by Smt. Smruti Jacob (DCPO) in presence of Smt. Manjula Saxena (PCPO) from Western Railways and Smt. Shampa Biswas (General Manager) in presence of Shri Neeraj Tiwari (DGM- FCGMO Mumbai) from Bank of India at Western Railway Headquarters , Churchgate, Mumbai.