PNB Full Form

What is the full form of PNB?

Punjab National Bank is referred to as PNB. One of India's well-known public sector banks, it started operating in Lahore on April 12, 1895. It was the first bank during the British era that was entirely run by Indians using funding from India.The bank has over 180 million customers, 12,248 branches, and 13,000+ ATMs Its main office is in New Delhi, India.Shri Atul Kumar Goel is the present MD & CEO of pnb bank. It offers a large selection of banking goods and services under many headings, including Personal, Corporate, International, and Capital services.

This Story also Contains

1. What is the full form of PNB?
2. A History of PNB
3. Products And Functions of PNB
4. Headquarters of PNB
5. Vacancies in PNB

A History of PNB

Punjab National Bank is the organization's full name. After being annexed by the British in 1849, Punjab experienced rapid expansion under their control, which sparked the formation of a new educated elite driven by a desire to be free from the yoke of slavery. Establishing a Swadeshi Bank with Indian capital and management drawn from all facets of the Indian populace was one of this expanding class's most treasured dreams.

PNB was conceived on May 19, 1894. The founding board was made up of individuals from all over India, from a variety of religious and social backgrounds, but all with the same objective of establishing a truly national bank for the nation that would advance its economic interests. On April 12, 1895, the bank's doors officially opened.

In Rawalpindi, the first branch outside of Lahore, was established in 1900. PNB has been a "People's bank" since its founding in 1895, servicing millions of customers nationwide and having the honor of banking with outstanding national leaders like Smt. Indira Gandhi, Jawahar Lal Nehru, Lal Bahadur Shastri, Gobind Vallabh Pant etc.

Products And Functions of PNB

Credit and debit cards, savings and current accounts, loans, investments, and other financial services are all provided by New Delhi-based PNB.

To satisfy client’s financial needs, Punjab National Bank offers a range of savings accounts to its clients, including basic, premium, and family protection and pay accounts.

To satisfy its clients' needs, PNB provides two different kinds of current accounts.

A PNB current account can be used by individuals, businesses, HUFs, and companies for regular financial transactions.

Home loans, auto loans, two-wheeler loans, student loans, gold loans, and personal loans are just a handful of the loans it offers.

The bank offers a variety of investment and card services, including fixed deposits, recurring deposits, credit cards, and debit cards.

Customers of Punjab National Bank have access to a variety of tools for checking account balances, including online banking, mobile banking, SMS, ATMs, and a 24-hour customer support line.

The PNB customer care hotline, ATMs, mobile banking, SMS, and online banking are other ways for customers to see their most recent 10 transactions.

Account holders can also phone the PNB customer service line for prompt assistance with their issues, complaints, and questions.

Headquarters of PNB

On April 12, 1895, in Lahore, the Punjab National Bank (PNB), India's first Swadeshi bank, opened for business with a Rs 2 lac authorized capital and a Rs 20,000 operating capital. The bank was the first to be totally run and funded by Indians, and it was established in the spirit of nationalism.At present, Its headquarters is located in Dwarka, New Delhi, India.

Vacancies in PNB

Candidates may learn more about the banking organization, what it's like to work there, and how to apply for vacant opportunities by visiting the PNB Careers website. This page includes PNB Functions, PNB Full Form, PNB History, and PNB Vacancies. We really hope that you found this material to be useful. If you have any questions, don't hesitate to get in touch with us; we'll be happy to help.