PNB, Indian Army sign MoU for

Agniveers

Exclusive scheme

~ PNB, through its exclusive scheme for 'Agniveers'PNB Agni Rakshak Scheme offers free personal accidental insurance and various benefits and features~

"An army of sheep led by a lion is better than an
army of lions led by a sheep." ― Alexander the Great

Photograph of the Houston skyline taken from a tree-lined park
PNB signa MoU with Indian Army for Agniveers

To provide specially designed products to the Agniveers

NEW DELHI, OCTOBER 14 :

Punjab National Bank (PNB), India's public sector Bank,today signed a Memorandum of Understanding (MoU) with the Indian Army to provide specially designed products to the Agniveers under the bank's exclusive scheme of 'PNB Agni Rakshak. .The scheme includes, inter alia, personal accidental insurance, air-accidental insurancecovering all Agniveers along with Zero balance salary account with Sweep facility, Internet banking and Alerts etc. .

Lt Gen.V Sreehari, SC, SM, DG (MP & PS) on behalf of the Indian Army, and Mr Sunil Soni, CGM, PNB, exchanging documents post signing MoU at a ceremony at the Indian Army Headquarters in Delhi.
The signing ceremony of MoU was chaired by Lt Gen C. B. Ponnappa, AVSM, VSM (Adjutant General) alongwith other senior Army Officers and officials from Ministry of Defence.

The MoU was exchanged between Lt Gen.V Sreehari, SC, SM, DG (MP & PS) on behalf of the Indian Army, and Shri Sunil Soni, CGM, PNB, in a ceremony at the Indian Army Headquarters in Delhi.

PNB AgniRakshakScheme has been designed in line with thePNB's flagshipRakshak Plus Scheme for Defence Personnel. PNB AgniRakshak Salary Account includes:

• PNB Agni Rakshak - Most convenient salary account covering all Agniveers • Zero Balance salary account bundled with attractive banking services such as Over-draft, Sweep Facility, Debit Card, Credit Card, Locker, Chequebook,Alertsand Internet banking etc. • Free Personal Accidental Insurance (PAI) covering Death, Total and Partial Disability of Rs.50 lakhs • Free Air Accidental (Death) Insurance of Rs.100 lakhs • Various benefits and add-on features under PAI – Additional PAI of Rs. 10 Lakhs in case of terror attacks, child education, girl child marriage cover, imported medicine, plastic surgery etc.

"Theirs not to reason why, Theirs but to do and die" ― Lord Tennyson Alfred

PNB signa MoU with Indian Army for Agniveers

Lt Gen C. B. Ponnappa, AVSM, VSM (Adjutant General)said :

"Over the past few years, banks have been quick inreleasing payments for insurance claims and addressingimmediate requirements. Further, with new digital services and awareness campaigns, banks are now even more accessible in rural areas, which has been a boon for defence professionals and their families. Hence, I am grateful that these financial institutions are now extending theiradvanced services with the same responsibility to our Agniveers."

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