Excelsior Correspondent
JAMMU, May 10: Punjab National Bank (PNB) will ensure for maximum coverage up to May 31, 2015 so that the national target of enrolling in the country is not only achieved but surpassed by the Bank.
This was stated by Dr Ram S Sangapure, Executive Director, Punjab National Bank while interacting with media persons here today.
Dr Sangapure added that schemes were the need of the hour in the country as most of the countries in the world had such schemes. He added said through Pradhan Mantri Suraksha Bima Yojana (PMSBY), Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) and Atal Pension Yojana the Government wants to create social security network for the underprivileged and the weaker sections of the society.
He said these should not be propagated as schemes but an idea meant to create a sense of social security in the lower and under privileged strata.
Dr Sangapure informed that these welfare schemes are an extension of worthy PM’s Concept of ‘Jan Dhan se Jan Suraksha’ aimed at broadening the ambit of social security measures for one and all in the country. And these schemes would be efficacious and helpful in fulfilling the socio-economic security needs of each individual of the country and is a good initiative towards providing affordable access to social protection, he added.
He further said that PNB, on behalf of Ministry of Finance, Government of India facilitated the launching event in Jammu which was launched by Dr Jitendra Singh, Union Minister, Prime Minister’s Office yesterday.
Dr. Sangapure urged the common people to take the benefit of these schemes and visit the nearest bank branch as the premiums for accidental and life insurance coverage in these schemes is just Rs 12 and Rs 330 per annum respectively and fixed monthly pension from Rs 1,000 to Rs 5,000 depending on the contributions which happens to be the lowest and affordable by a vast section of the people across the country.
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