SBI announces loan waiver to 23 soldiers killed in Pulwama terror attack; insurance money to be expedited
All the CRPF soldiers were SBI customers under Defence Salary Package where the Bank's provides insurance of Rs 30 lakhs to each of the defence personnel.
All the CRPF soldiers were SBI customers under Defence Salary Package
SBI provides insurance of Rs 30 lakhs to each of the defence personnel
The bank is offering options of payment to all who would like to contribute towards this cause
State Bank of India (SBI) on Monday announced a special initiative for 23 Central Reserve Police Force (CRPF) soldiers who were among those killed in the terrorist attack in Pulwama, Jammu and Kashmir on 14 February.
The 23 soldiers had availed loans from SBI and the bank has decided to waive all the outstanding loans with immediate effect, according to a SBI press release.
All the CRPF soldiers were SBI customers under the Defence Salary Package where the Bank provides insurance of Rs 30 lakhs to each of the defence personnel.
The Bank is taking steps to expedite release of insurance money to the relatives of the deceased soldiers.
Rajnish Kumar, Chairman, SBI said, "It is extremely distressing and disturbing to witness the loss of lives of the soldiers who always stand for safety of our country. In this moment of grief, our sincere thoughts are with the families of our brave hearts. These initiatives by the Bank is a small gesture towards the families who have faced irreparable loss," he added.
The bank has appealed to all who would like to contribute towards this cause.
SBI employees can contribute through dedicated Home Ministry, GoI Portal—Bharat ke Veer (https://bharatkeveer.gov.in)
The bank is offering options to customers and those who would like to contribute to the initiative:
SBI internet banking customers can donate money through a dedicated sub-option created within payments/transfers section in onlinesbi.com,
The bank has also created a UPI handle bharatkeveer@sbi to help people make their monetary contributions easily,
Individuals can also make a contribution by scanning QR code on BHIM UPI application.
Find latest and upcoming tech gadgets online on Tech2 Gadgets. Get technology news, gadgets reviews & ratings. Popular gadgets including laptop, tablet and mobile specifications, features, prices, comparison.
SBI Clerk Mains 2020 | The Mains exam question paper will have four sections - Reasoning section, Mathematics section, General Awareness/ Computer knowledge, and English section
SBI clerk prelims result 2020 | SBI had conducted the preliminary examination on 22 and 29 February 1 and 8 March earlier this year