At a time when news moves fast and stories fade quickly, Punjab National Bank has quietly done something that deserves to be remembered. Under its Rakshak Plus Scheme, PNB has provided ₹17.02 crore in financial support to the families of 26 soldiers and paramilitary personnel who lost their lives in the line of duty.
This isn’t just about money. It’s about honour, support, and showing up for those who’ve made the ultimate sacrifice.
The aid was disbursed as of June 11, 2025. These weren’t routine cases—they included soldiers killed in high-risk operations like the one in Birli Gali. For their families, the sudden loss is life-changing. Through Rakshak Plus, PNB ensured that the support didn’t come late, didn’t get stuck in red tape, and didn’t feel like a formality. It felt like a genuine gesture from a system that often feels distant.
At its core, Rakshak Plus is a special zero-balance salary and pension account designed for India’s defence and security forces. But more than just an account, it acts as a financial safety net — one that’s built with real risks in mind.
It’s available to:
Army, Navy, Air Force
Paramilitary forces like CRPF, BSF, CISF, ITBP, SSB
State police and city police in commissionerate areas
Intelligence agencies like RAW, IB, CBI
Coast Guard, RPF, NSG, SPG, NDRF, and Fire Services
Retired personnel and even trainees and cadets
For serving personnel, the scheme offers:
₹1 crore in personal accident insurance
₹1.5 crore for death in an air accident
₹10 lakh extra if the death is in anti-terror or anti-national activity
Coverage for disability, funeral expenses, and emergency medical needs
Education benefits of ₹5 lakh per year for two children for four years
Up to ₹10 lakh for marriage of a girl child
Retired personnel also receive significant coverage — ₹50 lakh for accidental death and similar scaled benefits across categories.
On the banking side, it includes:
Overdraft up to ₹3 lakh
Sweep-in facility to manage surplus funds
Free DDs/POs, reduced locker charges, waived fees
Zero balance accounts for family members
Access to credit cards, loans, and exclusive concessions
PNB has also launched:
Agni Rakshak for Agniveers under Agnipath — with similar benefits
Police Rakshak for central and state police forces — offering ₹40 lakh accident cover and ₹80 lakh air accident insurance
These schemes are carefully crafted—not one-size-fits-all, but tailored to the needs and realities of each service.
There’s a reason why this story feels different. It reminds us that some institutions still believe in their role beyond profits. PNB didn’t have to go this far. But they chose to.
By supporting these families in their hardest moments, the bank has done something quietly powerful—it’s made trust tangible. For the soldiers who are no longer with us, this is one way of saying: you’re remembered. And for those still in service, it says: your family won’t be forgotten.