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HDFC  Bank – Defence Salary Package

HDFC Bank too has joined the race to acquire Defence Accounts.
The Press Release can be accessed @ http://www.hdfcbank.com/common/pdf/HDFC_MoU_IndianArmy.pdf

Apart from HDFC Bank, State Bank of India and ICICI Bank too have Defence Salary Package Accounts.
The facilities offered by HDFC Bank are almost common with facilities offered by State Bank of India and ICICI Bank.

One differentiator as mentioned by HDFC Bank Country Head (retail liabilities, marketing & direct banking channels) Mr.Rahul Bhagat, could be loans at a concessional rate. The concession could range between 25-300 basis points, he said. 

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