History of Punjab National Bank :
Punjab National Bank (PNB) was established in 1895 at Lahore. PNB has the distinction of being the first Indian bank to have been started solely with Indian capital. In 1969, Punjab National Bank was nationalized along with 13 other banks. Punjab National Bank serves over 3.5 crore customers and has the largest branch network in India - 4062 branches and 447 extension counters spread all over the country. Punjab National Bank has achieved many awards and distinctions. PNB’s principal activities are to provide treasury and banking operations. The activities include accepting deposits, lending loans and to provide other financial related services. The banking operations provides short and long term loans to agricultural, small scale industries and other priority sectors. PNB also offers internet banking facilities to its customers. At 31-Mar -2006, PNB operates through 4510 banking branches, 444 extension counters.
Personal Banking Schemes of PNB Bank : Savings Fund Account, Current Account, Fixed Deposit Schemes, Credit Schemes, ATM / Debit Cardm, Nomination Facilitie etc.
Credit Schemes of PNB Bank : Housing Loan (PNB Flexible Housing Loan), Car Finance, Personal Loan, Professional Laon
Education Loan Scheme, Loan against Mortgage of Property, PNB Financial Basket Scheme, Personal Loan Scheme for Pensioners, Reverse Mortgage Scheme, Other Credit Scheme etc.
Mutual Fund of Panjab National Bank : Principal Growth Scheme, Principal balanced Fund, Principal Income Fund, Principal Income Fund – Short Term Plan, Principal Cash management Fund , Principal Index Fund, Principal Large Cap Fund, Principal Child Benefit Fund, Principal Global Opportunities Fund, Principal Infrastructure & Service Sector Fund, Principal Tax Savings Fund, Principal Personal Tax Saver Fund, Principal Monthly Income Plan etc.
Special Schemes of PNB Bank : Traders, Women, Students, Senior Citizens, Professionals, Salaried Staff, Army Personnel / Ex-Servicemen etc.
Services Provides of PNB Bank :
PNB's Online Utility Bill Payment Services :
PNB brings to you the convenience of paying all your bills from your desktop! You can now pay your electricity, telephone, mobile, insurance bills online electronically and also subscribe to magazines and make contributions to various charities – all of them online, using the PNB Online Utility Bill Payment Service.
PNB e-TAX Payment of PNB Bank : DGFT Online e-Payment, Excise and Service Tax Online e-Payment, Customs Online e-Payment, MCA21 Online e-Payment, Central Board of Direct Taxes etc.
Money Transfer Arrangement of PNB Bank :
For facilitating remittances from USA to India PNB has set up a money transfer arrangement with M/S. The facility provides fast, convenient and affordable way to transfer money through This service is available at our International Banking Branch,NewDelhi by issuing Drafts /TPO/Pay Order/Account Credit(Other than NRE/(FCNR)in Favour of beneficiary at the request of remitter. NRI's can remit from other countries also,but only using funding source as Credit cards/Debit cards.
NewService-A new Service has been launched with the company to effect remittances through their website www.xoom.com/tlhome whereby beneficiary can pick up Pay Order in his/her favour from any of our CBS Branches. Only personal remittances upto USD 2500 or its equivalent are allowed. Trade related remittances or remittances for purchase of property, investment or remittances for credit to remitter's NRE/FCNR or donations are not accepted. Remittances are made in Indian Rupees on the basis of on going exchange rates.
ON Line Seurities Trading Facility :
On line Securities Trading facility was launched on Wednesday, November 22, 2006.This facility is being offered in a strategic alliance with IDBI Capital Market Services Ltd. (IDBI Capital) to customers. This facility is made available seamlessly wherein the customers himself can trade on line without intervention of Bank and/or IDBI Capital Market Services. Customers can approach Bank branches (as per list below) for availing three-in-one account facility from any of the Bank’s authorized branches under which a deposit account, a demat account and a trading account will be opened at one stop. Those who already have deposit and demat accounts with the Bank shall be required to open a Trading account which will be facilitated by PNB’s authorized branch itself on behalf of IDBI Capital Market Services. At the outset Bank has launched this facility in 25 branches of Delhi & Mumbai. Soon this facility will be available at 50 odd centres, PAN India. Demat a/c can be opened through 110 odd branches spread over the country, authorized for Depository Business. More details about Online Security trading facility are available by clicking on the icon of Online Security trading facility.