New Delhi, Jan 20: Punjab & Sind Bank, a leading public sector bank, has announced the launch of its exclusive “PSB Roadways SB Salary Account” designed especially for the permanent employees of PEPSU Road Transport Corporation (PRTC). The modified salary account aims to provide comprehensive financial protection, convenience, and value-added benefits to roadways personnel who play a critical role in the nation’s transport network.

The PSB Roadways SB Salary Account offers a comprehensive suite of insurance and banking benefits tailored to the professional and personal needs of PRTC employees. It provides Personal Accidental Death Cover of up to ₹40 lakh, along with an Additional Air Accident Death Cover of up to ₹120 lakh. The account also includes a Free Child Education Benefit under the Personal Accident Cover of up to ₹24 lakh, ensuring support for dependents in unforeseen circumstances. Further, customers can avail an overdraft facility of up to two months of net salary, and enjoy up to 25% waiver on locker rent charges, making the account both protective and highly convenient for everyday financial requirements.

These benefits are structured to provide financial security to employees and their families, particularly those exposed to occupational travel-related risks.

Speaking on the launch, Punjab & Sind Bank reaffirmed its commitment to designing sector-specific banking products: the bank continues to expand its specialized offerings for various employee groups, combining protection, convenience, and long-term financial wellbeing.

The PSB Roadways SB Salary Account also underscores the bank’s dedication to supporting public service professionals and strengthening financial inclusion among transport sector employees.