The scheme covers personal accidental insurance, air accidental insurance to serving, retired and trainees of the defence forces, central armed police forces, state police force, metro police and retired defence pensioners.
The salient features of “PNB Rakshak Plus” include :
* Personal Accidental (Death) cover of Rs 50 lakh.
* Air Accidental (Death) Insurance cover of Rs 100 lakh.
* Personal Accidental (Permanent Total Disability) cover of Rs 50 lakh.
* Sweep Facility –
* Initial threshold amount – Rs 10000/-
* Minimum Sweep In/Out – Rs 1000/-
* Multiples of – Rs 1000/-
* No ‘Cash Handling Charges’ levied for the transaction(s) implying thereby that all branches of PNB, PAN-India, would be considered as ‘Home’ branch.
* Overdraft upto last 3 months Net Salary/Pension amounting from Rs 75000 to Rs 3 lakh.
* Concession in rate of interest and service charges under Housing, Car, Education and Personal Loan Schemes.
* Education loan under “PNB Pratibha” is available for wards of a Primary Account holder who takes admission in premier institutes and the Army Educational institutions.
* Zero balance saving account to family members.
* Concession in locker rent – 25 per cent Annual Maintenance Charges (AMC) waived off for three years from date of issue.
* Financial assistance of Rs. 1 lakh per year for 4 years or the actual expenditure whichever is less, for education of two surviving and dependent child (Male/Female) of a PAI (Death).
* Unlimited free DDs/POs with a ceiling of Rs 50,000 per free DD/PO.
* Gorkha personnel can remit the amount from his PNB a/c in India to their linked account in Everest Bank Limited (EBL) at Nepal and vice-versa, free of charge.
* Free SMS Alerts for transactions in the account and on the connected Debit/Credit card(s)..
Source : The Print
