Saturday, September 19, 2020
Home News Reports State Bank of India to waive loans of martyrs of Pulwama attack, expedite insurance...

State Bank of India to waive loans of martyrs of Pulwama attack, expedite insurance payment

SBI will be waving off the outstanding loan amounts of 23 CRPF martyrs, and expedite the payment of Insurance money of ₹30 lakh each

India’s largest bank, the State Bank of India, is taking various steps to provide respite to the family of the CRPF personnel, who attained martyrdom during ghastly Pulwama attack.

According to the announcement, the banking giant will be waving off the outstanding loan amounts of 23 CRPF martyrs, who availed loans from the bank, with immediate effect. In addition to this, the bank will expedite the process of releasing insurance money to the next kin of martyred soldiers. All CPRF personnel have been customers of SBI under the Defence Salary Package, under which the bank provides insurance coverage of Rs 30 lakh to them.

“It is extremely distressing and disturbing to witness the loss of lives of the Soldiers who always stand for the safety of our country. In this moment of grief, our sincere thoughts are with the families of our brave hearts,” Rajnish Kumar, SBI’s chairman, said. He also added that steps like waiving off loans of the martyrs are a small gesture towards the irreparable loss.

SBI is also encouraging its employees too make a voluntary donation to the family of CRPF soldiers, though SBI powered National Informatics Centre portal Bharat ke veer. The bank has also devised a UPI-based Virtual Payment Address (VPA): bharatkeveer@sbi, to make donation process hassle-free.

- Advertisement -

In the wake of Pulwama attack, around 80,000 people have made voluntary payments to martyrs’ families through the portal. The contributed sum as exceeded Rs 20 cores so far. The portal was launched in April 2017 by Home Minister Rajnath Singh. Actor Akshay Kumar was also involved in the opening of the portal.

The sum received through the portal is managed by a committee of senior government officials. The committee ensures equitable distribution of contributed sum to families of Central Armed Police Forces or CAPF. CAPF consists of forces like Assam Rifles (AR), Border Security Force (BSF), Central Industrial Security Force (CISF), Central Reserve Police Force (CRPF), Sashastra Seema Bal (SSB) etc.

  Support Us  

Whether NDTV or 'The Wire', they never have to worry about funds. In name of saving democracy, they get money from various sources. We need your support to fight them. Please contribute whatever you can afford

OpIndia Staffhttps://www.opindia.com
Staff reporter at OpIndia

Related Articles

Trending now

Julio Ribeiro and Open Letters, a love story better than Twilight: Here are some letters that the former IPS officer has signed

Former IPS Officer Julio Ribeiro has recently written to the Delhi Police complaining of their 'flawed investigation' into Delhi Riots.

Here is criticism of ‘a particular community’ as approved by the Honourable Supreme Court

The Supreme Court has not taken kindly to a show by Sudarshan News, criticising a 'particular community'

Why you should support farm ordinances introduced by the Modi govt: The mother of all reforms

In mid-June, the Modi govt brought three ordinances related to farming, which can forever change the agricultural landscape of India. Folks, this is the mother of all reforms.

Of Macaulay and Nehru: A dilapidated education system and the need for the phoenix to rise from the ashes

A major consequence of the dilapidated education system, thanks to Nehru and Macaulay, is that an average Indian graduate is a test taker and a job seeker

Sudarshan TV Vs Supreme Court: Justice Chandrachud objects to representation of Muslims with skull cap, beard, green colour with flames in the background

Sudarshan TV had filed a plea challenging the court's stay on the telecast of the remaining episodes of their show 'Bindas Bol' about the alleged 'UPSC Jihad'

The Goan Inquisition by the Portuguese: A forgotten holocaust of Hindus and Jews

The Portuguese inquisition of Goa is an often forgotten and unspoken event by the ‘secular’ circles of Indian historians, despite various historical records exposing the gross exodus of not just Hindus, but also Jews that had escaped Medieval Europe to take refuge in India.

Recently Popular

Nepal claims Indian cities Dehradun, Nainital under its ‘Greater Nepal’ campaign: Reports

The tension between Indian and its Himalayan neighbour Nepal is likely to mount again as Nepal continues to provoke India.

Here is why #BabyPenguin is trending on Twitter, and why Aaditya Thackeray is called so by some

Yuva Sena registered complaint against twitter user for calling Aaditya Thackeray "Baby Penguin" and Uddhav Thackeray "Aurangzeb"

From Ranbir Kapoor to Sanjay Dutt to Gauri Khan: The celebrities who flew ‘high’ and have battled drug addiction

Many Bollywood celebrities have confessed they had a drug problem at some point in their lives, some even went to jail for the same

Begusarai: Mohammad Maufiz used to rape his eldest minor daughter, sexually exploited other two minor daughters

Mohammad Maufiz in Begulsarai arrested after it was known that he is raping his eldest daughter for 5 years, molested two other daughters

“You are supposed to be unprejudiced,” investor Rakesh Jhunjhunwala schools BJP-hater NDTV journalist Sreenivasan Jain

Without nothing left to say, Sreenivasan Jain laughed aloud and claimed, "I would love to think that I am unprejudiced."

Here is criticism of ‘a particular community’ as approved by the Honourable Supreme Court

The Supreme Court has not taken kindly to a show by Sudarshan News, criticising a 'particular community'

Bloomberg Quint calls an economist an ‘infectious disease expert’ to peddle the theory that a high recovery rate is a ‘useless statistic’

The Quint earlier transformed an engineer to a doctor to prove that India is in the middle of community transmission stage

Minister Anurag Thakur apologises after ruckus breaks out in Parliament over his comments on the Nehru-Gandhi family

Anurag Thakur had slammed the Congress party over the PM Relief Fund during a discussion on PM CARES Fund

“You are supposed to be unprejudiced,” investor Rakesh Jhunjhunwala schools BJP-hater NDTV journalist Sreenivasan Jain

Without nothing left to say, Sreenivasan Jain laughed aloud and claimed, "I would love to think that I am unprejudiced."

‘Women rioters attacked police with swords and knives hidden under their burqa’: Author Monica Arora shares anecdotes from her upcoming book on Delhi Riots

The book narrates how Muslim women protesters had attacked DCP Amit Sharma and constable Ratan Lal after inviting them for talks

Uttar Pradesh police nab three persons in the Aligarh jewellery robbery case seen in viral video

In a viral video, three accused identified as Saurabh, Mohit and Rohit were seen robbing a jewellery shop in Aligarh at gunpoint

Maha Vikas Aghadi govt ‘struggles’ to pay salaries but ready to spend Rs 5.5 crores to appoint Pvt ad firms for Chief Minister’s publicity

The Maharashtra government has been struggling to play salaries and pension due to the coronavirus pandemic.

The court must not call out Sudarshan News for speaking for the rights of Dalits and calling out a Dalit leader who just would...

Justice Joseph castigated Sudarshan News on Friday over the manner in which Congress leader Udit Raj was treated.

‘An injunction order from us is like a nuclear missile’: Justice Chandrachud acknowledges the far-reaching ramifications of the stay order on Sudarshan News’ ‘UPSC...

Sudarshan News had filed a plea challenging the Supreme Court's stay order on the broadcast of its 'UPSC Jihad' show

They believe religious teachings are superior to state laws: What China’s whitepaper says about Uyghur Muslims and their ‘re-education’

The whitepaper insinuated that Uyghur Muslims were 'terrorists' who believed in the 'afterlife' and rejected modern science owing to religious dogmatism.

Julio Ribeiro and Open Letters, a love story better than Twilight: Here are some letters that the former IPS officer has signed

Former IPS Officer Julio Ribeiro has recently written to the Delhi Police complaining of their 'flawed investigation' into Delhi Riots.

Connect with us

243,917FansLike
453,212FollowersFollow
15,900SubscribersSubscribe