New Delhi, Dec 12: Punjab & Sind Bank, one of India’s leading public sector banks, has announced a dedicated initiative aimed at empowering educators across the country through the launch of its specially curated PSB Shikshak SB Salary Account. Designed exclusively for teaching professionals, the initiative underscores the Bank’s enduring respect for teachers and its commitment to supporting their financial wellbeing.
Inspired by the vision, “More Security. More Savings. More Respect For Every Teacher,” the PSB Shikshak account has been thoughtfully designed to deliver an extensive range of financial protections, value-driven benefits, and convenient banking services. Each feature has been curated keeping in mind the unique responsibilities, aspirations, and daily challenges of the teaching community. From enhanced insurance coverage and family-oriented safeguards to simplified access to loans and zero-maintenance banking, the account embodies Punjab & Sind Bank’s commitment to honouring educators with a secure, supportive, and rewarding financial ecosystem.
The PSB Shikshak SB Salary Account offers a comprehensive suite of benefits designed exclusively for teaching professionals. It provides high-value ₹120 lakh Personal Accident Insurance, ensuring strong financial protection for educators and their families. In addition, the account includes a Child Education Benefit of up to ₹24 lakh in the event of accidental death, offering crucial support for the academic future of their children. For teachers who travel frequently, the account extends Air Accident Coverage of up to ₹180 lakh, enhancing their safety and peace of mind during both professional and personal journeys.
Punjab & Sind Bank further reduces financial burden by offering zero processing fees on home loans along with special concessions on other loan products, making credit access easier and more affordable. Complementing these benefits, the account also provides a free debit card and carries no minimum balance requirement, ensuring truly convenient and worry-free banking for every educator.
Speaking about the initiative, Punjab & Sind Bank expressed its deep and longstanding respect for the teaching community, acknowledging the vital role educators play in shaping the nation’s future. The launch of PSB Shikshak also reflects Punjab & Sind Bank’s broader commitment to building socially responsible, profession-focused banking solutions that genuinely serve and uplift the communities it stands with.