Punjab National Bank (PNB), on Saturday, has signed a Memorandum of Understanding (MoU) with the Indian Air Force (IAF) to provide specially designed products to the defence personnel under its flagship scheme 'PNB Rakshak Plus’.

• Through its flagship scheme 'PNB Rakshak Plus' offers personal accidental insurance and air accidental insurance to Air Force, defence forces and retired Air Force defence pensioners.
• s per the public sector bank, this scheme includes 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 agreement was exchanged between Atul Kumar Goel, MD & CEO of PNB, and Chief of Air Staff, Air Chief Marshal Vivek Ram Chaudhari, PVSM, AVSM, VM, ADC on behalf of the Indian Air Force in a ceremony at the Indian Air Force Auditorium in Delhi, PNB revealed in a public statement.