Shimla: Punjab National Bank (PNB) has executed an Addendum to the Memorandum of Understanding (MoU) with the Himachal Pradesh Police for the opening of salary accounts. The signing took place between Ashok Tiwari, IPS, Director General of Police, Himachal Pradesh (1993 Batch), and Rajesh Kumar, General Manager & Zonal Head, Shimla, representing the bank.
Strengthening Financial Services for Police Personnel
The partnership reflects PNB’s commitment to offering dedicated banking solutions for frontline personnel. By renewing and upgrading the MoU, the bank has ensured that Himachal Pradesh Police officials receive specialized financial products that address both professional and personal needs. This collaboration also underscores PNB’s effort to extend its reach in Himachal Pradesh while fostering trust among security forces.
Tailored Benefits Through Rakshak Schemes
With the launch of the revamped Rakshak and Rakshak Plus schemes, PNB is providing exclusive benefits tailored for police personnel. These include enhanced insurance coverage, value-added services, and financial security measures designed for the unique challenges faced by law enforcement officials. By combining convenience with protection, the schemes reinforce PNB’s focus on customer-centric innovations.
Supporting Police Welfare Through Banking Solutions
The initiative not only eases salary account management but also ensures that police families are safeguarded through improved financial and insurance support. Such partnerships highlight the importance of strong institutional collaboration in delivering meaningful benefits to employees in public service roles.
About PNB
Punjab National Bank (PNB), headquartered in New Delhi, is one of India’s leading public sector banks with a rich legacy dating back to 1894. With its extensive branch network across the country, PNB offers a wide range of financial products and services. The bank continues to drive financial inclusion while also delivering specialized solutions for diverse customer groups, including defense and police personnel.
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