PUNJAB NATIONAL BANK

Established in 1895 at Lahore, undivided India, Punjab National Bank (PNB) has the distinction of being the first Indian bank to have been started solely with Indian capital. The bank was nationalized in July 1969 along with 13 other banks. From its modest beginning, the bank has grown in size and stature to become a front-line banking institution in India at present.

The unique features of Punjab National Bank

·         A professionally managed bank with a successful track record of over 110 years.

·        Largest branch network in India - 4062 branches and 447 Extension Counters spread throughout the country.

·        Strategic business area covers the large Indo-Gangetic belt and the metropolitan centres.

·        Ranked as 323rd biggest bank in the world by Bankers Almanac (January 2006), London.

·        Strong correspondent banking relationships with more than 217 international banks of the world.

·        More than 50 renowned international banks maintain their Rupee Accounts with PNB.

·        Well equipped dealing rooms; 20 different foreign currency accounts are maintained at major centres all over the globe.

·         Rupee drawing arrangements with M/s UAE Exchange Centre, UAE, M/s Al Fardan Exchange Co. Doha, Qatar,M/s Bahrain Exchange Co, Kuwait, M/s Bahrain Finance Co, Bahrain,M/s Thomas Cook Al Rostamani Exchange Co. Dubai,UAE, and M/s Musandam Exchange, Ruwi, Sultanate of Oman.

To know more about Punjab National Bank, visit:   http://www.pnbindia.com/

To know more about the housing finance schemes of Punjab National Bank, visit: http://www.pnbindia.com/r_housing.htm