Punjab & Sind Bank founded in the year 1908 started functioning from the Holy City of Amritsar with a humble idea to uplift the poorest of poor. Today we are strong & vibrant Bank with 917 branches / extension counters spread all over the country serving millions of customers






STATUS
ONLINE EDUCATION LOAN




PSB News
PUNJAB & SIND BANK SIGNS MOU WITH TATA MOTORS FOR FINANCING COMMERCIAL VEHICLES

“Bank has formulated a policy for One Time Settlement of Non Performing Accounts of Micro & Small Enterprises (MSE). The interested borrowers under this category may contact the concerned Branch of the Bank to take benefit of this limited period scheme”.

PRESS RELEASE : PSB Cuts Interest Rates on Home And Auto Loans.

Now Interest Rates on Home & Auto Loan are in force upto 31 March 2010.

BPLR reduced by 50 bps i.e from present 14.00% p.a. to 13.50% p.a. with effect from 01.04.2009.
parameters of recommendations of Sachar Committee
PSB launches Online Request for Education Loan (PROFESSIONAL / TECHNICAL COURSES)

Deposits Rs. 34675.65 Cr

Advances Rs. 24615.35 Cr (Net Advances up by 34.19%)

Net profit Rs. 437.18 Cr (Up by 14.34%)

Operating Profit Rs. 727.71 Cr. (up by 34.10%)

Business per employee Rs. 6.56 Cr

Return on Assets 1.26 %

Capital Adequacy Ratio 11.88 %

Gross NPAs 161.04 Cr

Net NPAs %Net NPAs 0.32 %
PSB announces its new PSB Fixed Deposit Tax Saver Scheme with higher interest rate


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