![Bank of Baroda: Bank Assistants will get Rs 10 lakh ex-gratia](https://media.newstracklive.com/uploads/business-news/economy-news/Apr/25/big_thumb/bank-of-baroda-2_5ea47ed4c7e4a.jpg)
India's well-known public sector bank, ie Bank of Baroda, has made important announcements in the interest of bank assistants (business correspondents) working for the bank in remote areas. The bank has said that in case of death due to coronavirus infection, bank assistants will be given an ex-gratia amount of Rs 10 lakh from the bank. BoB has announced a health insurance cover of Rs 60,000 to bank assistants. Bank of Baroda has issued a statement in this regard saying that it has taken this step keeping in mind the financial security of its bank assistants.
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In the statement issued by the bank regarding this matter, it has been said that on the death of the bank assistant due to coronavirus, the ex-gratia amount of Rs 10 lakh will be given to his nominee by BoB. Along with this, BoB has announced a health insurance of Rs 60,000 to active banking agents in various areas.
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In his statement, it has been said that in order to ensure cleanliness, additional assistance amount is also being sent in installments to disinfect the centers of bank assistants. The aim of this is that banks can ensure the cleanliness of their centers and buy masks etc. with the help of assistant sanitizer etc. The first installment of Rs 2,000 has been sent to this item in April. The bank has said that Rs 1,000 will be sent to every active bank assistant during the month of May to ensure cleanliness.
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