Salary Accounts to GSWS /VSWS Employees -Avail Free Insurance and other Benefits
Sub GVWV&VSWS Department - Village/Ward Secretariats' Functionaries- Opening of Salary Accounts to avail Free Insurance Coverage and avail certain benefits being offered by the top scheduled commercial banks - Intimated - RegardingRef
1. Representation from Grama /Ward Sachivalayam Employees' Federation
2. Issues raised by various Village/Ward Secretariats Employee Associations in the meetings.
3. Advice of M/ s. FinGo Financial Solutions Pvt Ltd, Hyderabad Dt.19.09.2022.
1. In the reference 1st & 2nd cited, the Village/Ward Secretariats' Employees Associations have raised certain issues and requested the Government that the functionaries are meeting with accidents and suffering medical expenses and the Families of the Functionaries who lost their lives in accidents are the worst affected since these Functionaries are the only Primary Bread Earners.
2. M/ s. FinGo Financial Solutions Pvt Ltd, Hyderabad, who are appointed a the professional agency by this office have discussed with banks or providing certain accidental insurance benefits to the employees, and after negotiating / discussion with various Banks, vide reference 3rd cited., submitted that if the Village/Ward Secretariats Functionaries open the r Salary Saving Bank Account with a Scheduled Commercial Bank thie Village/Ward Employees shall be getting Free Personal Accidental Death Coverage along with many other listed offers from the respective banks A/cs indicated in the Annexure 1. I
3. Accordingly, the Village/Ward Secretariats Functionaries may open the Salary accounts with one of the listed banks to avail the benefits as p¢r the terms and conditions provided by the Bank. /
4. The District GSWS Officers, are requested to issue instructions to all Municipal Commissioners/MPDOs with a direction that the Village/Ward Secretariats Functionaries may open their Salary Savings Bank Accounts with one of the listed banks as provided in Annexure 1 and avail the benefits offered by them. It is open to the choice of the Functionaries to open their Salary Savings Bank Accounts in any bank of their choice and avail the benefits.
4. It is to be noted that the services/benefits shall be as per the detailed terms & conditions as provided by the respective banks, neither GVWV&VSWS Department nor M/s Fingo Financial Solutions Pvt Ltd shall have any liability in this regard.
5. M/s. FinGo shall coordinate with the GVWVW&VSWS Department and the Bank to ensure seamless delivery of benefits. The authorities, employees and the bank may coordinate with M/s FinGo Financial Solutions Pvt Limited to avail above services/benefits.
6. There is no need to pay any direct or indirect charges / commission to any party by the GVWV&VSWS Department and the Functionaries to open the Salary accounts or avail the listed benefits.
