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PNB signs MoU with Govt of Uttar Pradesh, Free insurance and a lot of facilities for Staff

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Punjab National Bank (PNB) has signed a memorandum of understanding (MoU) with the Department of Higher Education, Government of Uttar Pradesh, in Agra, in the presence of Chief Minister Yogi Adityanath. PNB will provide free insurance and a lot of facilities for government employees.

Key Highlights of the Collaboration

  • Target Beneficiaries: Covers 1.25 lakh employees across universities and colleges in Uttar Pradesh.
  • Social Security Benefits: Includes personal accident insurance up to ₹1.50 crore and air accident insurance up to ₹3 crore.
  • Medical and Life Cover: Offers cashless medical facilities, term life insurance up to ₹12 lakh, and hospital cash benefits up to ₹60,000.
  • Official Presence: Signed alongside key Zonal Managers representing the Agra, Varanasi, Lucknow, and Meerut zones.

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