Officials of the South Coast Railway (SCoR), Vijayawada Division, signed a Memorandum of Understanding (MoU) with Central Bank of India, for extending more welfare facilities to railway employees.
Additional Divisional Railway Manager (ADRM-Infrastructure) P. E. Edwin and Central Bank of India, Hyderabad Region, General Manager M. Pichai signed the MoU on Friday, aimed at providing enhanced financial and banking facilities to the employees. As per the MoU, railway employees are eligible for salary accounts with zero balance, personal accident and term insurance coverage up to ₹1.5 crore and other benefits.
SCoR Vijayawada Division Senior Personal Officer Prem Kumar Lakhawat, bank Vijayawada regional head E. Venkateswara Rao, Guntur regional head G. V. Ramana Rao and other officials were present.
Published – November 14, 2026 11:49 pm IST
