Sunday, March 7, 2021
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.

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 Staff
Staff reporter at OpIndia

Related Articles

Trending now

40 year old Mohammed Intezar trying to marry minor Hindu girl, insist Hindu orgs, Delhi Police denies: Details

Hindu activists have alleged that a minor Hindu girl was converted and being married off to a 40-year-old Mohammed Intezar Hussain.

‘Biggest crime is I am Muslim’: TMC MLA breaks down into tears after being denied ticket, calls party the ‘B Team’ of BJP

Sitting Trinamool Congress MLA from Nalhati, Moinuddin Shams, has announced in tears that he has quit the party.

This time it’s personal: Suvendu Adhikari vs Mamata Banerjee in Nandigram is officially on, the most high profile contest this election season

The BJP has announced that Suvendu Adhikari will be the party candidate versus Mamata Banerjee from Nandigram.

Violence in Bengal, election rigging, misgiving of Congress, Abbas Siddiqui, COVID-19 and China: CPI (M) leader Rabin Deb talks to OpIndia

Rabin Deb, one of the tallest leaders in West Bengal of the CPI (M) talks to OpIndia ahead of the 2021 elections, TMC and BJP

Antilia bomb scare: Mansukh Hiren had written to Maharashtra CM and others alleging harassment by police and journalists. Read details

Two days before Mansukh Hiren had gone missing, he had sent a letter to Maharashtra CM, HM, and the police alleging mental harassment

NCPCR to take action against Christian NGO Persecution Relief for tarnishing the reputation of India

NCPCR said that Persecution Relief published a false report about the abuse of Child protection law in India and shared it in 150 countries

Recently Popular

Kiren Rijiju gives befitting reply to ‘befitting reply queen’ Taapsee Pannu’s boyfriend, who wanted the law to bend to his whims

Matthias Boe, boyfriend of actress Taapsee Pannu, had appealed to Kiren Rijiju to 'do something' to help the actress.

After IT raids, Taapsee Pannu suffers a meltdown and admits that she was questioned about cash receipts of Rs 5 crores

Taapsee Pannu attempted to take a sly at Finance Minister Nirmala Sitharaman for simply clarifying the facts about the raids

‘Does money in Bollywood come from Ganga?’: Shiv Sena mouthpiece claims Taapsee Pannu, Anurag Kashyap targeted for supporting ‘farmer protests’

The Saamana editorial asked why only Taapsee Pannu and Anurag Kashyap were targeted and not other Bollywood celebrities.

Indian Govt should ask badminton coach and Taapsee Pannu’s boyfriend Mathias Boe to quietly do his job or quit

Mathias Boe had tweeted tagging Minister Kiren Rijiju, asking him to do 'something' about the IT raids on his girlfriend Taapsee Pannu

Antilia bomb scare: Police recover handkerchiefs tied to Mansukh Hiren’s mouth, his wife says he met Mumbai Police officer hours before death

Vimla, the wife of one Mansukh Hiren has said that her husband had left the house saying he was going to meet crime branch officer Tawde

All you need to know about Elon Musk’s Starlink, which has begun pre-booking in India

Currently, Elon Musk's SpaceX, of which Starlink is a venture, has already sent 1000 such satellites to the Earth's orbit. In the future, the company plans to expand the number to a network of 12,000 satellites.
- Advertisement -


Connect with us