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

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.

- Ad - - article resumes -

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.

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.

Help Opindia Reach Every Indian. Share This Post
We need your support to survive in the media industry. Please consider paying us for the content we produce:

To know more about these payments, please click here.


Big Story

While slamming Rahul Gandhi and praising the Narendra Modi government for abrogating Article 370, Iqbal Ansari said the government has established the rule of a law in the country by removing Article 370.

2019 World Cup Is Here!

Catch the latest on Cricket World Cup as it unfolds, special coverage by Opindia

To Advertise on Opindia.com Click here

Ravish Kumar blames ‘Modi the dictator’ for people not wanting to watch his mediocre shows anymore

The curious case of journalism by Ravish Kumar is that he often resorts to shooting the allegations in the dark without backing with any hard evidence,

Parody country Pakistan’s ex-minister Rehman Malik exposes his low IQ, falls for a parody account who fools him like a pro

Ever since India abolished Article 370 from its constitution, Pakistani politicians including Pakistan PM Imran Khan are having a hard time digesting the fact that India has decidedly altered the status quo in Jammu and Kashmir.

Congress mouthpiece’s obituary on Arun Jaitley is the worst in recent memory and an absolute disgrace

The entire National Herald obituary is made up of thoughtless remarks.

Pakistan uses India Today journalist who created a drama at Srinagar airport to show India in bad light

The theatric by India Today journalist Mausami Singh at Srinagar airport is being used by a desperate Pakistan to further their own narrative about Kashmir.

Abusive ‘journalist’ Swati Chaturvedi spreads fake news, tweets photoshopped image of PM Modi wearing Arabic attire

Swati Chaturvedi, abusive troll masquerading as a journalist, has yet again been caught red-handed after propagating fake news.

Babri Masjid litigant Iqbal Ansari slams Rahul Gandhi: Modi govt right in abrogating Article 370, visit PoK and ‘resolve issues’ instead

While slamming Rahul Gandhi and praising the Narendra Modi government for abrogating Article 370, Iqbal Ansari said the government has established the rule of a law in the country by removing Article 370.

BJP Delhi spokesperson releases audio tape exposing Pakistan’s nefarious agenda to embarrass India on a global platform

Pakistan has been isolated by the international community which has firmly stood by India on its internal decision to abrogate Article 370. 

Pakistan Senate chairman cancels UAE trip after PM Modi is honoured with ‘Order of Zayed’ and ‘The King Hamad Order of the Renaissance’

Pakistan Senator decided to skip its pre-scheduled trip to the United Arab Emirates (UAE) following PM Narendra Modi recent visit to the nation where he was honoured with ‘Order of Zayed’ and 'The King Hamad Order of the Renaissance'

India Today journalist plays victim after being accosted by security personnel for video recording at Defence airport in Srinagar

Journalist Mausami Singh from India Today went berserk when a security personnel informed her shooting videos on Srinagar airport is prohibited

Vyapam ‘whistleblower’ and Congress sympathiser doctor publishes confidential medical report to falsely malign Baba Ramdev’s associate

Congress sympathiser doctor accused that Baba Ramdev's associate consumes cannabis using medical report of someone else
Subscribe to Day's Top Stories
[newsletter_form type="minimal"]
- Advertisment -

Latest articles

Connect with us

181,503FansLike
173,641FollowersFollow
91,716SubscribersSubscribe
Help Opindia Reach Every Indian. Share This Post