INDIAN NEWS & TIMES

Saturday, October 21, 2017

Union Bank of India has entered into agr1500139119eement with Delhi Municipal Corporation, North (DMC-North) for Digital salary disbursement to all employees through Union Bank’s Centralized Salary Management System.

The salary for 57000 employees (approx.) will be processed and disbursed in a single day without any manual intervention. The system will facilitate seamless transfer of funds electronically with complete MIS facility. It will help DMC-North for better management of funds, tracking of funds, interpretation and decision making with effective monitoring tool in the form of MIS.  In turn, it will help DMC-North to save lot of manpower & time.

Union Bank of India has always endeavored to provide bouquet of financial products to all its Customers under one roof. Bank will extend Union Super Salary Account with added benefits to the employees as Accidental Insurance coverage, Retail loans as Housing Loan, Education Loan, Vehicle Loan and Personal Loan at attractive interest rates .