Dehradun: Punjab National Bank (PNB) has signed an addendum to its existing Memorandum of Understanding (MoU) with the Government of Uttarakhand to extend the Central Government Salary Package (CGSP) benefits to regular employees of the state government. The move is aimed at providing government employees with enhanced banking services, insurance protection, and exclusive financial benefits under the salary package.
PNB Signs Addendum to MoU with Uttarakhand Government
The addendum to the MoU was signed by Anupam, Zonal Manager, PNB Dehradun, and Smt. Amita Joshi, Director, Treasury, Government of Uttarakhand. The signing ceremony was also attended by Abhinandan Singh, Circle Head, PNB Dehradun, along with other senior officials from the bank and the state government.
The Memorandum of Understanding (MoU) was formally exchanged between Amita Joshi, Director, Treasury, Pensions & Entitlements, and Anupam, Zonal Head, PNB Uttarakhand, further strengthening the partnership between the public sector bank and the Uttarakhand Government.
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Central Government Salary Package to Offer Multiple Financial Benefits
Under the Central Government Salary Package, eligible regular employees of the Uttarakhand Government will receive a comprehensive range of banking, insurance, and financial benefits designed to provide greater financial security and convenience.
The benefits available under the scheme include:
- Personal Accident Insurance cover of up to ₹1.50 crore
- Air Accident Insurance cover of up to ₹3 crore
- Term Life Insurance cover of up to ₹12 lakh
- Free annual health check-up
- Unlimited tele-consultation services
- Overdraft facility
- Concession on locker rent
- Premium debit and credit cards
- Home loans at attractive interest rates
- Vehicle loans at attractive interest rates
- Education loans at attractive interest rates
- Personal loans at attractive interest rates
- Free IMPS transactions
- Free RTGS transactions
- Free NEFT transactions
- Free Demat account opening facility
These benefits are expected to improve the overall banking experience for state government employees while providing them with comprehensive financial protection and value-added banking services.
Discussions on Treasury Integration and CBDC Adoption
Alongside the signing of the addendum, senior officials from Punjab National Bank and the Government of Uttarakhand held productive discussions on Treasury integration and the adoption of the Central Bank Digital Currency (CBDC).
The discussions focused on strengthening digital banking infrastructure and exploring innovative financial technologies. The engagement reaffirmed PNB’s commitment to delivering modern, technology-driven, and future-ready banking solutions for government departments and employees.
PNB Strengthens Partnership with Uttarakhand Government
The latest addendum reflects Punjab National Bank’s continued efforts to support government institutions through specialized banking solutions. By extending the Central Government Salary Package benefits to regular employees of the Uttarakhand Government, PNB aims to provide a combination of financial security, digital banking services, insurance coverage, and affordable credit facilities while supporting the government’s digital transformation initiatives.
About Punjab National Bank (PNB)
Punjab National Bank (PNB) is one of India’s oldest and largest public sector banks, established in 1894. Headquartered in New Delhi, the bank offers a comprehensive range of banking and financial services, including retail banking, corporate banking, MSME financing, agriculture loans, digital banking, treasury operations, and wealth management. With an extensive branch network across India and overseas operations, PNB plays a significant role in supporting the country’s financial system and economic development.
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