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NALCO signs MoU with Union Bank to enhance Employee Benefits Under Corporate Salary Package

By IndianMandarins- 13 Apr 2026
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New Delhi (13.04.2026): National Aluminium Company Limited (NALCO) has signed a Memorandum of Understanding (MoU) with Union Bank of India in Bhubaneswar to enhance employee welfare through an upgraded Corporate Salary Package (CSP).
The partnership aims to extend enhanced banking privileges to NALCO employees, reinforcing the organization’s commitment to financial well-being and workplace satisfaction. The Corporate Salary Package will offer improved financial services, benefits, and convenience tailored to employees’ needs.
As part of its broader employee-centric approach, NALCO is also onboarding multiple banking partners. This initiative will provide employees with:
  • Greater flexibility in choosing banking services
  • Improved convenience and accessibility
  • Better value through competitive financial offerings
The MoU highlights NALCO’s ongoing focus on employee welfare and financial empowerment. By strengthening partnerships with leading financial institutions, the company aims to create a supportive and rewarding work environment.

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