The Indian Army will now have another another bank which will be offering banking services to them regarding salaries and remittances.

Private sector lender IndusInd Bank has entered into a deal with the Indian Army to offer banking services to the army personnel.

The bank would be offering special services to jawans like discounted loans and overdraft facility on salary accounts, said Mr Sobti, CMD of the bank.

Also remittances will be facilitated to the jawans all over the country without any cost.

The two entities have signed a memorandum of understanding (MoU) in this regard.