PNB Signs MoU with CRPF to Offer Enhanced Services
Punjab National Bank to provide enhanced insurance coverage and exclusive financial benefits to CRPF personnel, pensioners, and their families under PNB Rakshak Plus
New Delhi | 22, August 202g5: Punjab National Bank (PNB), one of India’s leading public sector banks, has signed a Memorandum of Understanding (MoU) with the Central Reserve Police Force (CRPF). The agreement aims to provide improved financial services, enhanced insurance coverage, and exclusive benefits to serving personnel, pensioners, and their families under the bank’s flagship scheme PNB Rakshak Plus.
MoU Signed in Presence of Senior Officials
The addendum to the existing MoU was exchanged at the office of the Directorate General of CRPF, CGO Complex, Lodhi Road, New Delhi. The event witnessed the presence of:
- Shri Bibhu Prasad Mahapatra, Executive Director, PNB
- Sh. D S Negi, DIG (Administration), CRPF
The MoU was officially signed by Shri Binay Kumar Gupta, Chief General Manager, PNB, and Sh. Zaki Ahmad, IPS, Inspector General of Police (Administration), CRPF. Senior officials from both PNB and CRPF also attended the ceremony.
Benefits for CRPF Personnel and Families
Under the extended partnership, PNB will provide:
- Higher insurance coverage for account holders
- A wide range of financial services tailored to the needs of CRPF personnel
- Additional benefits for dependents and family members of Rakshak Account holders
These services reflect the bank’s commitment to the welfare of security forces and their families.
PNB’s Commitment to Armed Forces
Through this initiative, PNB has once again reinforced its dedication to the Central Armed Police Forces. The bank has assured that it will continue to design and deliver financial solutions that meet the evolving needs of the forces.
Focus on Welfare and Security
The PNB signs MoU with CRPF initiative is not only about banking services but also about honoring the sacrifices of the personnel. With schemes like PNB Rakshak Plus, the bank provides both financial security and peace of mind to those who protect the nation.
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