Canara Bank Signs MoU with NLC India for Special Payroll Package
New Delhi: Canara Bank has strengthened its institutional collaboration with NLC India Limited by signing a Memorandum of Understanding (MoU) for a customised Special Payroll Package.
The initiative is aimed at providing tailored banking solutions, comprehensive insurance coverage, and a suite of value-added services to employees of NLC India and their families. This partnership seeks to enhance financial security, convenience, and overall employee welfare.
Key Highlights of the Collaboration
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Tailored Payroll Solutions: Streamlined salary management and customised financial services for NLC India employees.
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Comprehensive Insurance: Coverage for employees and their family members to ensure long-term financial protection.
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Value-Added Services: Exclusive banking products and benefits designed to improve convenience and overall well-being.
This MoU reflects Canara Bank’s commitment to creating strategic partnerships with leading institutions to deliver innovative banking solutions and enrich the employee experience.
About Canara Bank
Canara Bank is one of India’s premier public sector banks, offering a wide range of banking, financial, and insurance services to millions of customers nationwide.
About NLC India Limited
NLC India Limited, formerly Neyveli Lignite Corporation, is a leading government-owned energy company involved in lignite mining, power generation, and renewable energy solutions across India.