YES Bank Renews MoU with Indian Army to Expand Banking Services for Agniveers

New Delhi, March 13, 2026 — YES Bank has renewed its Memorandum of Understanding (MoU) with the Indian Army, reinforcing its commitment to provide dedicated financial services to India’s defence community, including Agniveers.

The MoU renewal was signed in the presence of senior officials from both the Indian Army and the bank, highlighting the continued collaboration aimed at strengthening banking support for serving and retired military personnel.

Enhanced Banking Solutions for Defence Community

Under the renewed agreement, YES Bank will offer enhanced and comprehensive banking solutions to:

• Serving Army personnel

• Retired Army veterans

• Agniveers under the Agnipath scheme

• Eligible defence civilians

These services will be delivered through the bank’s specialised YES VIJAY programme, which focuses on providing tailored financial products and services to defence personnel.

Focus on Financial Well-Being of Armed Forces

The partnership reflects the bank’s broader commitment to supporting the financial well-being of India’s defence community by offering dedicated banking benefits, improved accessibility to financial services, and customised solutions designed for the unique needs of military personnel and their families.

The continued association between YES Bank and the Indian Army underscores the importance of financial inclusion and support for the country’s armed forces.