Mumbai, Sept 22: Axis Bank signed a Memorandum of Understanding (MoU) with Border Security Force (BSF) to offer its Defence Salary Package ‘Power Salute’ to BSF personnel recently. The MoU was signed by Venugopal V, Fincial Advisor, BSF (R) and Sanjay Silas, President and Head - Branch Banking (L), Axis Bank. Sanjay Silas – President and Head Branch Banking, Axis Bank said, “We are extremely proud to serve the Border Security Force. At Axis Bank, we consider this as our responsibility to serve the Para-military personnel and ensure that banking services are easily made available for them & their family, while they selflessly serve our tion. In continuation to our existing policy of ‘Pay to Pension’ for Defence personnel, all the facilities like the enhanced Persol Accidental Insurance cover will also be available to the BSF personnel post retirement .” ‘Power Salute’ entails comprehensive retail banking products and services that are customized to address the requirements of the serving as well as retired BSF personnel. In addition to the basic banking services, the bank will also offer exclusive services like an enhanced persol accidental insurance cover with a special partial on duty coverage, total permanent disability cover, free unlimited ATM transactions on Axis Bank and other Bank ATMs, besides exclusive offers on loans and credit cards. This was stated in a press release.