PNB Rakshak Plus Scheme for Defence Personnel: Rs.17 Cr Aid Given So Far; Check Benefits, Eligibility & More

The PNB Rakshak Plus Scheme, introduced by Punjab National Bank, is currently in focus for providing strong financial support to the families of India's brave defence and paramilitary personnel. As of June 11, 2025, the bank has disbursed Rs. 17.02 crore under this special scheme to support the families of 26 soldiers who lost their lives in the line of duty.

What is the PNB Rakshak Plus Scheme?

The Rakshak Plus Scheme is a dedicated insurance and financial support program designed specifically for the Indian Army, paramilitary forces, and other uniformed personnel. It not only offers monetary help but also provides emotional assurance that their families won't be left behind in difficult times.

The Punjab National Bank Rakshak Plus Scheme has received attention nationwide because its recent payout of over Rs. 17 crore includes support to families of soldiers who died in high-risk operations.

TOP Benefits of the Rakshak Plus Scheme

Here is a quick look at the main benefits of the PNB Rakshak Plus Scheme, which is considered to be one of the most reliable defence support schemes in India.

• Accidental Insurance: the scheme provides Rs.1 crore in case of death or permanent total disability during duty.
• Air Travel Insurance: Rs 1.5 crore for death during official air travel.
• Partial Disability Cover: Financial help for injuries while on duty.
• Customised Services: Tailored financial products for armed forces and paramilitary families.
• Fast Payouts: Ensures timely disbursement so that affected families aren't burdened with delays.

Types of PNB Rakshak Plus Schemes

Punjab National Bank offers different types of Rakshak Plus accounts. Here's a quick look at the available options:

1. Rakshak (Salary Account)

This account is designed for all active personnel serving in the defence forces, paramilitary, and allied services. It offers salary banking along with insurance benefits, emergency financial assistance, and other perks under the Rakshak Plus Scheme.

2. Rakshak Pensioner (Pension Account)

Specially created for retired defence, police, and related service personnel, this account ensures a smooth pension disbursal system along with select benefits like financial security, special interest rates, and insurance cover for senior citizens.

3. AgniRakshak (Salary Account for Agniveers)

Exclusively built for serving Agniveers under the Agnipath scheme, this account provides customised banking services and Rakshak Plus benefits suited to the short-term nature of their service.

4. Police Rakshak (Salary Account)

This is a dedicated account for serving police personnel, offering them all the benefits of a Rakshak Plus salary account, including insurance cover, emergency support, and special financial services.

Who Can Apply for the PNB Rakshak Plus Scheme? Check Eligibility

The PNB Rakshak Plus Scheme is specially designed for the men and women in uniform who protect the nation. A wide range of personnel are eligible to benefit from this scheme. If you're part of any of the following forces, you can open a salary account under Rakshak Plus and access the insurance and financial support it offers:

• All branches of the Indian Armed Forces, including the Army, Navy, and Air Force.
• Paramilitary forces like BSF (Border Security Force), CRPF (Central Reserve Police Force), CISF (Central Industrial Security Force), ITBP (Indo-Tibetan Border Police), and Indian Coast Guard.
• State Police Forces, including those serving in metropolitan police units like Delhi Police, Mumbai Police, and Kolkata Police, under the Police Commissionerate System.
• Elite intelligence and investigative agencies such as RAW (Research and Analysis Wing), IB (Intelligence Bureau), and CBI (Central Bureau of Investigation).
• Special Forces operating at the central and state levels.
• Gentlemen cadets undergoing training to join the armed services.