PNB Signs MoU with BSF for Enhanced Rakshak Plus Benefits

New Delhi: Punjab National Bank (PNB) has entered into a Memorandum of Understanding (MoU) with the Directorate General of Border Security Force (BSF) to provide enhanced banking benefits to serving personnel and pensioners of the BSF under its flagship scheme, PNB Rakshak Plus.

The MoU was signed by Shri Rajendra Singh, General Manager, PNB, and Shri Vijay Kumar Thapliyal, Inspector General (Administration), BSF. The signing took place in the presence of Major General DS Bisht, SM, VSM* (Retd), Chief Defence Banking Advisor, and DIG Lakhminder Gill, DIG Welfare.

Under the partnership, PNB will offer enhanced insurance coverage along with educational support for children, benefits for girls’ marriage, concessions on retail loans, and specific schemes for dependents and families of Rakshak Account holders.

PNB reaffirmed its commitment to supporting the personnel who serve the nation and extending financial and welfare benefits to them and their families.