PNB Extends Rs.17 Crore Financial Support to Martyr Families

Punjab National Bank (PNB), a government-owned bank, has once again shown its deep respect and support for the soldiers who protect our nation. As of June 11, 2025, PNB has provided financial help worth ₹17.02 crore to the families of 26 defence and paramilitary personnel who lost their lives while serving the country.

This financial assistance was given under the bank’s special insurance program called the Rakshak Plus Scheme, which is designed to support the families of security personnel in times of need.

Who Benefited from This Scheme?

Among the 26 families who received support were those whose loved ones laid down their lives in critical operations, such as Birli Gali. These heroes made the ultimate sacrifice for the safety of our nation.

The Rakshak Plus Scheme by PNB is a dedicated insurance and support plan for defence and paramilitary personnel. Here’s what it offers:

• ₹1 crore personal accident insurance in case of death or permanent total disability.
• ₹1.5 crore coverage in case of death due to an air accident.
• Coverage also includes partial disability and other benefits that meet the specific needs of people in uniform.

Recently, Punjab National Bank (PNB) has also extended financial help of ₹1 crore to the family of martyr Subedar Santosh Kumar, who lost his life in a bomb blast in Leh-Ladakh in February 2025. This assistance was given under PNB’s Rakshak Plus scheme, which offers financial protection to soldiers in case of accidents.

PNB Rakshak Plus Scheme Benefits

S.NO.	Facilities	Serving Personnel	Pensioners
1	Personal Accident Insurance(Death) Cover	Rs. 100 Lac	Rs. 50 Lac
2	Personal Accident Insurance(Death) Cover through Debit Card	Rs 2 Lac/ Rs 10 Lac*	Rs 2 Lac/ Rs 10 Lac*
3	Personal Accident Insurance(Death) Cover through Credit Card	Rs 10 Lac	Rs 10 Lac
4	Air Accident Insurance(Death) Cover	Rs 150 Lac	Rs 100 Lac
5	Personal Accident Permanent Total Disability(PTD) Insurance	Rs 100 Lac	Rs 50 Lac
6	Funeral Expenses	Rs 0.30 Lac	Rs 0.10 Lac
7	Emergency Medical Expenses	Rs 0.25 Lac	Rs 0.25 Lac
8	Ambulance Charges	Rs 0.50 Lac	Rs 0.10 Lac
9	Air Ambulance Charges	Rs 10 Lac	—
10	Personal Accident Permanent Partial Disability (PPD) Insurance	Rs 100 Lac (% of Disability will be as per our GPA Schedule max 50% of the Capital sum insured)	Rs 50 Lac (% of Disability will be as per our GPA Schedule max 50% of the Capital sum insured)
11	Additional PAI Cover on Death due to Action Against Anti – National / Terrorist/ Naxalites/ Foreign Enemy Activities	Rs 10 Lac	Rs 10 Lac
12	Girl Child Cover- (For Marriage as an additional benefit)(18-25 yrs)(For one Girl child Only)	Rs 10 Lac (1 Girl Child-5 Lac)(Age 18 year and above)(For Two Girl Childs)	Rs 5 Lac – 1 girl child
13	Cost of Plastic Surgery/Burns	Rs 10 Lac	Rs 10 Lac
14	Transportation of Imported Medicine	Rs 10 Lac (Imported Medicine Cost including Cost of Transportation)	Rs 10 Lac (Imported Medicine Cost including Cost of Transportation)
15	Death After Coma	Rs 5 Lac (more than 48 hours)	Rs 2 Lac (more than 48 hours)
16	Education Cover for Dependent Children	Education benefits (Uniform, Stationary, Transportation and Tuition Fee) Rs 5 lac in aggregate per year for 4 years for any 2 dependent children in case of accidental death of Defence Personnel and other eligible account holders.	Education benefits (Uniform, Stationary, Transportation and Tuition Fee) Rs 5 lac in aggregate per year for 4 years for any 2 dependent children in case of accidental death of Defence Personnel and other eligible account holders.
17	Travel expenses of two family members	Rs 0.40 Lac	Rs 0.40 Lac
18	Body Repatriation Cost	Rs 0.50 Lac	Rs 0.40 Lac