Indian Army, PNB signs MoU on Defence Salary Package

Indian Army, PNB signs MoU on Defence Salary Package
Indian Army, PNB signs MoU on Defence Salary Package

Indian Army, PNB signs MoU on Defence Salary Package

The Indian Army and Punjab National Bank (PNB) sign a Memorandum of Understanding (MoU) on the Defence Salary Package.

The signing ceremony was chaired by the Adjutant General, Lt Gen Ashwani Kumar and was attended by top dignitaries of PNB headed by Mr Naveen Kumar.


Salient features of the improved and updated MoU are free ‘RAKSHAK PLUS’ Scheme for serving pers and veterans, overdraft facility range from Rs 0.75 to 3.0 lakhs, multi city ‘At Par’ cheques, instant credit of outstation cheques, preferential allotment of lockers at concessional AMC and free SMS alerts.

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