Punjab National Bank of India, the first Indian bank started only with Indian capital, was nationalized in July 1969 and currently the bank has become a front-line banking institution in India with 4525 Offices including 432 Extension Counters. The corporate office of the bank is at new Delhi. Punjab National Bank of India has set up representative offices at Almaty (Kazakhistan), Shanghai (China) and in London and a full fledged Branch in Kabul (Afghanistan).
Activities:
The services offered by the Punjab National Bank of India are:
- Savings Fund Account – PNB Prudent Sweep, Total Freedom Salary Account, PNB Vidyarthi SF Account, PNB Mitra SF Account
- Current Account – PNB Smart Roamer, PNB Vaibhav, PNB Gaurav
- Fixed Deposit Schemes – Mahabachat Schemes, Spectrum Fixed Deposit Scheme, Anupam Account, Multi Benefit Deposit Scheme
- Credit Schemes – PNB Flexible Housing Loan, Car Finanace, Personal Loan
- Social Banking – Krishi Card, PNB Farmers Welfare Trust, Mahila Udyam Nidhi Scheme
- Corporate Banking – EXIM finance, Gold Card scheme for exporters
- Business Sector – PNB Vikas Udhami, PNB Karigar credit card, PNB Kushal Udhami, PNB Pragati Udhami
Moreover, the Punjab National Bank of India also offers locker facilities, senior citizens schemes, PPF schemes and various E-services to their customers.
Performance:
- The total income of the Punjab National Bank of India as recorded in the quarter ending 31st march 2007 was Rs. 3712.79 crore as compared to Rs. 2926.93 crore on 31st march 2006. The total expense was Rs. 2830.44 crore and the net profit was Rs.237.70 crore.
- The Punjab National Bank of India or PNB has launched the concept of "Any Time, Any Where Banking" through the introduction of Centralized Banking Solution (CBS) and has recently introduced On line Payment Facility for railway reservation through IRCTC Payment Gateway Project and On line Utility Bill Payment Services, allowing Internet Banking account holders to make their payments anytime from anywhere. Another step taken by Punjab National Bank of India is the launch of its ATM- cum- Debit card.
Organization:
Dr K.C Chakrabarty is the Chairman & Managing Director of the Punjab National Bank of India.
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PUNJAB NATIONAL BANK
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Chairman & Mg Director:
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Mr S S Kohli
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Address:
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7, Bhikhaji Cama Place
Africa Avenue
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City:
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New Delhi
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Pin:
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110 066
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State:
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Delhi
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Phone No.:
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+91-11-26102303
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Fax:
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+91-11-26196456, 26193315
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