PNB Signs MoU With Indo-Tibetan Border Police

The PSB is also offering lifetime PAI of Rs 50 lakhs, AAI of Rs 100 lakhs and many other benefits to all ITBP Pensioners who are drawing Pension from PNB

Punjab National Bank (PNB), nation’s leading public sector bank, has signed an MoU with ITBP on 11th Feb 2025.

The MoU was signed by S.P, Singh, General Manager PNB and S.C Mamgain, Inspector General (Admn) at ITBP Headquarters, CGO Complex, New Delhi. The MoU was exchanged in presence of Binay Kumar Gupta, Chief General Manager PNB, Vikash Burman DIG (Admn) and other senior officials of Bank & ITBP.

The salient features offered to ITBP personnel are:

  1. Personal Accidental Insurance – Rs 100 lakhs
  2. Air Accidental Insurance – Rs 150 lakhs
  3. Permanent/Partial Disability Coverage – Rs 100 lakhs
  4. Additional Cover of Death during Operations – Rs 10 lakhs
  5. Cost of imported medicines including transportation – Up to Rs10 lakhs
  6. Air Ambulance Cost – Up to Rs 10 lakhs

Apart from this, several other benefits are being offered to the dependents and families of Rakshak Account Holder. Bank is also offering lifetime PAI of Rs 50 lakhs, AAI of Rs 100 lakhs and many other benefits to all ITBP Pensioners who are drawing Pension from PNB.

The Bank is dedicated in its commitment to ‘Himveers’ and will strive to continue doing the same in future as well.

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