PNB offers Rakshak Plus Scheme for Defence Pensioners

Hyderabad, March 14, 2024: To reinforce its commitment towards providing special banking services for the armed forces, PNB, the nation’s leading public sector bank, is offering ‘PNB Rakshak Plus Scheme’ for Defence Pensioners.

All Defence Service Pensioners, regardless of age, whose pensions are credited to their PNB account through SPARSH/CPPC, are eligible for the benefits of Personal Accidental Insurance under the PNB Rakshak Plus Scheme.

This benefit also extends to pensioners of Central & State Police. Some of the main features of the scheme include:

Personal Accidental Insurance (PAI) (Death Cover): Rs 50 Lakh
Personal Accident Permanent Total Disability (PTD): Rs 50 Lakh
Personal Accident Permanent Partial Disability (PPD): Up to Rs 50 Lakh
Air Accidental Insurance (AAI) (Death Cover): Rs 1 Crore

Additionally, the scheme offers many other facilities. For further information, customers can contact the bank via the toll-free numbers 1800 1800/1800 2021 or visit the nearest PNB branch.

Customers can also access information by logging into the mobile banking app PNB ONE or visiting

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