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~ As part of Q1 FY26, the Bank presented 26 cheques to grieving families ~
Bangalore, 18th June 2025 : Reaffirming its unwavering support to the brave soldiers protecting our nation, Punjab National Bank (PNB), the nation’s leading public sector bank, extended a support of ₹17.02 crore to the families of 26 deceased defence and paramilitary personnel under its flagship Rakshak Plus Scheme, as of 11 June in the first quarter of FY 2025–26.
Among the 26 recipients were the families of operations like Birli Gali, who made the supreme sacrifice while serving the nation. In solemn recognition of their valour and dedication, PNB officials, in coordination with local administration, handed over cheques to the bereaved families across 26 locations in various states, extending heartfelt support and honouring their heroic contributions.
Speaking on the occasion, Shri Binay Gupta, CGM, BARM, PNB, said “It is our solemn duty to stand by the families of our martyrs. Through the Rakshak Plus Scheme, PNB offers more than financial assistance—it serves as a symbol of our respect and enduring support for their immense sacrifices. We salute the courage of our Bravehearts and pledge to be a pillar of strength to their families.”
PNB’s Rakshak Plus Scheme provides financial coverage in the form of personal accidental insurance of ₹1 crore in case of death as well as permanent total disability and air accidental coverage of ₹1.5 crore in the event of death. The scheme includes partial disability coverage and comprehensive benefits tailored to the needs of those in uniform.
In line with the Bank’s commitment to honouring national heroes, PNB continues to ensure timely financial support to the bereaved family.
