Bank of India Signs MoU With CRPF
FinTech BizNews Service
Mumbai, 19 December 2025: Bank of India (BOI), one of India’s leading public sector banks, has signed a Memorandum of Understanding (MoU) with the Central Reserve Police Force (CRPF) to extend the BOI Rakshak Salary Package to CRPF personnel and veterans.
Under the MoU, CRPF personnel will be eligible for enhanced benefits, including free comprehensive Personal Accident Insurance (PAI) cover attractive offers on Debit and Credit Cards, and a host of other value-added banking services.
The MoU exchange ceremony was held on 18 December 2025 at the CRPF Headquarters, New Delhi, and was chaired by Shri Kabib K, IPS-Inspector General (ADMN), CRPF. The event was attended by Shri D. S. Negi, DIG (ADMN), CRPF, Ms. Shampa Sudhir Biswas, General Manager, Bank of India, along with other senior officials from both organizations.
Addressing the gathering, Shri Kabib K, IPS thanked Bank of India for extending a comprehensive bouquet of banking services to CRPF personnel. Ms. Shampa Sudhir Biswas, General Manager, BOI, expressed pride in associating with the CRPF and reaffirmed the Bank’s commitment to delivering superior banking products and customer service, supported by state-of-the-art digital infrastructure. On behalf of Bank of India, she conveyed her gratitude to the CRPF leadership.
The BOI Rakshak Salary Package is a specially designed salary account for personnel of the Defence Forces, Paramilitary Forces, and State Police, offering benefits such as Personal Accident Insurance, Air Accident Coverage of and several other exclusive features tailored to their unique requirements.
