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Punjab National Bank
4.0
based on 1.1k Reviews

Video summary
Company Overview
Company Locations
Working at Punjab National Bank
Company Summary
Punjab National Bank is an Ideal destination for all Banking need. PNB offers a wide range of personal banking services including loans, credit cards, savings account, fixed deposits and insurance.
Overall Rating
4.0/5
based on 1.1k reviews

5% above
industry average

Highly rated for 
Job security, Salary
Work Policy

Work from office
80% employees reported

Monday to Saturday
45% employees reported

Strict timing
67% employees reported

Within city
40% employees reported
View detailed work policy
Top Employees Benefits
Job/Soft skill training
65 employees reported
Health insurance
48 employees reported
Office cab/shuttle
37 employees reported
Professional degree assistance
21 employees reported
View all benefits
About Punjab National Bank
Founded in1894 (131 yrs old)
India Employee Count1 Lakh+
Global Employee Count1 Lakh+
India HeadquartersDelhi/NCR, Delhi, India
Office Locations
--
Websitepnbindia.in
Primary Industry
Other Industries
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“Fired by the spirit of nationalism and founded on the idea that Indians should have a national bank of their own, which would further the economic interest of the country, Punjab National Bank Ltd was the result of the efforts of far-sighted visionaries and patriots, among whom were persons like Lala Lajpat Rai, Mr. E C Jessawala, Babu Kali Prasono Roy, Lala Harkishan Lal and Sardar Dyal Singh Majithia. Incorporated under the Act VI of 1882, Indian Companies Act, the Bank commenced operations on April 12, 1895 from Lahore.Since inception, PNB has always been a "People's bank" serving millions of people throughout the country and also had the proud distinction of serving great national leaders like Sarvshri Jawahar Lal Nehru, Gobind Ballabh Pant, Lal Bahadur Shastri, Rafi Ahmed Kidwai, Smt. Indira Gandhi etc. amongst other who banked with us.Bank has spread its offerings and has grown as technology driven bank with products & services to meet the aspirations of every segment of customers.With more than 122 years of strong existence and a network of 6950 Domestic Branches, 10502 ATMs as on 31st March 2017, Punjab National Bank is serving more than 10 crore esteemed customers. PNB, being one of the largest Nationalised Bank, has continued to provide prudent and trustworthy banking services to its customers. The bank enjoys strong fundamentals, large franchise value and good brand image.With the mission of "Creating Value for all its customers, Investors and Employees for being the first choice for all stakeholders" its presence across India is a strong brand; “The name you can bank upon”.
Mission: "Creating Value for all its customers,Investors and Employees for being the first choice for all stakeholders"
Vision: "To position PNB as the `Most Preferred Bank` for customers, the `Best Place to Work In` for employees and a `Benchmark of Excellence` for the industry"
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Punjab National Bank Ratings
based on 1.1k reviews
Overall Rating
4.0/5
How AmbitionBox ratings work?

5
605

4
236

3
118

2
60

1
88
Category Ratings
4.2
Job security
3.8
Salary
3.7
Promotions
3.6
Work-life balance
3.6
Skill development
3.5
Company culture
3.5
Work satisfaction
Punjab National Bank is rated 4.0 out of 5 stars on AmbitionBox, based on 1.1k company reviews. This rating reflects a generally positive employee experience, indicating satisfaction with the company’s work culture, benefits, and career growth opportunities. AmbitionBox gathers authentic employee reviews and ratings, making it a trusted platform for job seekers and employees in India.
Read more
Gender Based Ratings at Punjab National Bank
based on 976 reviews
4.1
Rated by 129 Women
Rated 4.3 for Job security and 4.2 for Salary
3.9
Rated by 847 Men
Rated 4.1 for Job security and 3.7 for Salary
Work Policy at Punjab National Bank
based on 115 reviews in last 6 months

Work from office
80%

Permanent work from home
13%

Hybrid
7%
Punjab National Bank Reviews
Top mentions in Punjab National Bank Reviews
+ 5 more
Compare Punjab National Bank with Similar Companies
![]() | ![]() Change Company | ![]() Change Company | ![]() Change Company | |
---|---|---|---|---|
Overall Rating | 4.0/5 based on 1.1k reviews | 4.0/5 based on 41.8k reviews | 3.9/5 based on 43.3k reviews | 3.7/5 based on 28.1k reviews ![]() |
Highly Rated for | Job security Salary | Job security Skill development Company culture | Job security Skill development | ![]() No highly rated category |
Critically Rated for | ![]() No critically rated category | ![]() No critically rated category | Promotions | Promotions |
Primary Work Policy | Work from office 80% employees reported | Work from office 91% employees reported | Work from office 84% employees reported | Work from office 79% employees reported |
Rating by Women Employees | 4.1 Good rated by 129 women | 3.9 Good rated by 11.1k women | 3.7 Good rated by 9.3k women | 3.6 Good rated by 6.1k women |
Rating by Men Employees | 3.9 Good rated by 847 men | 4.0 Good rated by 28.9k men | 3.9 Good rated by 32k men | 3.8 Good rated by 20.9k men |
Job security | 4.2 Good | 4.1 Good | 4.0 Good | 3.7 Good |
View more
Punjab National Bank Salaries
Punjab National Bank salaries have received with an average score of 3.8 out of 5 by 1.1k employees.
Chief Manager
(170 salaries)

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₹13.9 L/yr - ₹49.6 L/yr
Assistant General Manager
(66 salaries)

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₹12 L/yr - ₹49 L/yr
Senior Manager Credit
(62 salaries)

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₹10.3 L/yr - ₹30 L/yr
Branch Manager
(52 salaries)

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₹5.8 L/yr - ₹22 L/yr
Senior Manager Information Technology
(41 salaries)

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₹10.5 L/yr - ₹35 L/yr
Credit Manager
(39 salaries)

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₹9 L/yr - ₹20 L/yr
Deputy Manager
(39 salaries)

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₹6 L/yr - ₹20 L/yr
IT Officer
(27 salaries)

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₹7 L/yr - ₹15 L/yr
Banking Officer
(25 salaries)

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₹3 L/yr - ₹11 L/yr
Chief Manager Credit
(19 salaries)

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₹18 L/yr - ₹36 L/yr
Punjab National Bank Interview Questions
An Assistant General Manager was asked Q. How could migration to IND AS impact the bank's profitability?
A Credit Manager was asked Q. What is the role of the CERSAI portal?
An Industrial Engineer was asked Q. What are the requirements for setting up an industry?
A Financial Analyst was asked 2mo agoQ. What do you do?
A Management Trainee was asked Q. What are SLR and CRR in the current monetary policy?
Punjab National Bank News
View all
CBI arrests two in ₹183-cr fake bank guarantee scam
- The CBI arrested Govind Chandra Hansda, a PNB senior manager, and Mohammed Firoz Khan from Kolkata in a ₹183-cr fake bank guarantee scam.
- The arrests followed a search operation at 23 locations in Delhi, West Bengal, Gujarat, Jharkhand, and Madhya Pradesh.
- The investigation began on Thursday, continuing into Friday as part of the operation.
- Teerth Gopicon Limited submitted fraudulent bank guarantees worth ₹183.21 crore for irrigation contracts from Madhya Pradesh Jal Nigam Limited.
- The Madhya Pradesh High Court transferred the case to the CBI.
- Fraudulent email responses impersonating PNB confirmed bank guarantee authenticity, leading MPJNL to award contracts worth ₹974 crore to the firm.
- The CBI found a Kolkata-based syndicate fabricating fake bank guarantees to secure government contracts in multiple states.
HinduBusinessLine | 20 Jun, 2025

Fintech firms should view rural areas as new markets, not just social responsibility: FM Nirmala Sitharaman
- Finance Minister Nirmala Sitharaman encourages Indian fintech startups to see agriculture and rural areas as new markets, not just social responsibility.
- She emphasizes the need for innovations in agriculture to connect farmers better with markets.
- Fintech firms are urged to focus on rural India for market creation opportunities.
- Sitharaman stresses the importance of providing credit to Micro, Small, and Medium Enterprises (MSMEs).
- Indian companies are innovating rapidly in digital payments, outpacing some advanced countries.
- Other countries are interested in interacting with India to learn from its digital payment advancements.
- Winners of the Digital Payments Awards include Punjab National Bank, HDFC Bank, WhatsApp Meta, and PhonePe.
- Public and private banks, as well as fintech companies, were recognized for their contributions to digital payments.
- Equitas Small Finance Bank and India Post Payments Bank were among the winners in small finance and payments bank categories.
- The event highlighted the importance of digital payments infrastructure and innovation in the financial sector.
- Fintech firms are advised to seize the opportunities in rural India's evolving market.
- Sitharaman commends Indian companies for their rapid progress in digital payments, surpassing many other nations.
- The Finance Minister stresses the vital role of fintech companies in extending credit to MSMEs.
- Fast Moving Consumer Goods (FMCG) companies are witnessing a resurgence in demand from rural areas.
- International interest in India's digital payment advancements is growing.
- Overall, the event showcased the significance of digital payments and fintech innovation in India's financial landscape.
Startup Pedia | 19 Jun, 2025

Nirmala Sitharaman To Meet PSU Bank Chiefs To Review Performance
- Finance Minister Nirmala Sitharaman to meet heads of public sector banks on June 27 to discuss financial performance and government schemes implementation.
- Meeting follows RBI's rate cut and cash reserve ratio reduction to boost economy.
- Review to include assessing banks' targets for the year and urge for increased lending to productive sectors.
- Discussion expected on schemes like Kisan Credit Card, PM Mudra, and social security programs.
- Public Sector Banks saw a record profit of Rs 1.78 lakh crore in fiscal year 2025.
- State Bank of India alone contributed over 40% of the total profits.
- SBI reported a net profit of Rs 70,901 crore in fiscal year 2025.
- Punjab National Bank and Punjab & Sind Bank also experienced significant profit growth.
- All 12 public sector banks reported a rise in profit during the year.
- Meeting aimed at boosting economic growth, aligning with government schemes, and reviewing financial performance of public sector banks.
- Finance Minister may push banks to increase lending to support economic growth.
- Focus on evaluating progress of various government schemes and performance targets.
- Review key metrics and performance of public sector banks to enhance their contribution to the economy.
- Public sector banks' cumulative profit surged in fiscal year 2025 compared to the previous year.
- Expectations of discussing various segments and progress in government schemes during the meeting.
Bloomberg Quint | 13 Jun, 2025

FM to meet heads of public sector banks on June 27 for annual review
- Finance Minister to hold annual review meeting with heads of public sector banks on June 27.
- The meeting follows the recent RBI policy rate cut of 50 basis points and reduction in cash reserve ratio.
- The meeting will focus on reviewing financial performance, setting targets, and increasing lending to boost economic growth.
- Discussions may include progress on government schemes like Kisan Credit Card, PM Mudra, and social security schemes.
- Public sector banks reported a record cumulative profit of ₹1.78 lakh crore in FY25.
- State Bank of India contributed over 40% of the total earnings with a net profit of ₹70,901 crore in FY25.
- Punjab National Bank saw the highest net profit growth of 102%, followed by Punjab & Sind Bank at 71%.
- All 12 public sector banks experienced profit increases during the fiscal year.
- The meeting aims to discuss various segments and schemes to further enhance the banking sector's performance.
HinduBusinessLine | 13 Jun, 2025

Pressure on NIM likely to ease from Q3: PNB MD Ashok Chandra
- PNB Managing Director Ashok Chandra expects the Net Interest Margin (NIM) to ease in Q3 and hover around 2.8-2.9% for the current financial year, with a projection of 2.93% for FY25.
- The cost of funds is anticipated to decrease as banks repricing deposits following a 50 basis points repo rate cut by the RBI in the recent monetary policy review.
- PNB plans to review its deposit rates post the repo rate cut during the upcoming Asset-Liability Committee (ALCO) meeting to address liquidity impacts in the market.
- The 100-basis points reduction in Cash Reserve Ratio (CRR) by the RBI is expected to provide PNB with around ₹15,000 crore for expanding lending activities.
- PNB aims to enhance focus on lending to the RAM (retail, agriculture, and MSMEs) sectors, targeting to increase RAM lending from 53% to 58% in the current financial year through various outreach programs.
- The bank's lending portfolio for RAM was at around ₹6 lakh crore in FY26, comprising approximately 56% of the total loan book, and has initiated digital lending services for MSMEs.
- Chandra expresses optimism about corporate credit offtake in the current fiscal year, with decreasing lending rates and significant activity in sectors like renewable energy, power, steel, infra, and ports.
HinduBusinessLine | 11 Jun, 2025

Repo Rate, CRR Cuts To Boost Credit Offtake By 1–2%, Says PNB CEO Ashok Chandra
- PNB CEO Ashok Chandra expects a 1-2% boost in credit offtake due to recent repo rate and CRR cuts by RBI.
- The bank has already passed on the benefits to customers post RBI's repo rate cut.
- Short-term pressure on the bank's net interest margin is projected, but PNB has strategies to mitigate it.
- With a credit-deposit ratio of around 71%, PNB expects significant benefits from its treasury operations amid lower interest rates.
Bloomberg Quint | 10 Jun, 2025

Banks Lower Interest Rates After RBI Repo Rate Cut: Who Will Benefit From This?
- Several banks have started lowering their lending rates after the RBI's repo rate reduction to stimulate credit demand and economic activity.
- Existing borrowers with floating-rate loans are expected to benefit from the decrease in home loan and personal loan EMIs due to the rate revision.
- Bank of Baroda, Punjab National Bank, Bank of India, Indian Bank, and UCO Bank are among the early responders by lowering their Repo-Linked Lending Rates (RLLRs).
- Cheaper loans resulting from the rate cuts could potentially benefit sectors like real estate and have positive effects on construction, manufacturing, and consumer goods industries.
Bloomberg Quint | 9 Jun, 2025

Banks’ cut repo-linked lending rates by 50 bps, making home and vehicle loans cheaper
- Public sector banks have cut their repo-linked lending rates (RLLRs) by 50 bps following a 50 bps reduction in the repo rate by the monetary policy committee on June 6th.
- Along with the repo rate cut, the central bank also reduced the cash reserve ratio (CRR) by 100 bps from 4% to 3%, aiming to improve liquidity and facilitate quicker transmission of rate cuts to lending and deposit rates.
- Banks like PNB, BoI, UCO Bank, Indian Bank, BoB, and Karur Vysya Bank have all adjusted their RLLRs and MCLR rates in response to the recent policy changes, leading to cheaper home and vehicle loans.
- The rate cuts are expected to impact banks' net interest margins (NIMs) in the short term, with a gradual improvement predicted in the following quarters due to CRR reduction and adjustments in deposit rates.
HinduBusinessLine | 8 Jun, 2025

RBI Rate Cut Impact: BoB, UCO Bank, PNB And BoI Lower Lending Rates
- Following RBI's repo rate cut, several banks including Punjab National Bank, Bank of India, UCO Bank, and Bank of Baroda have lowered their lending rates.
- PNB revised its repo-linked lending rate from 8.85% to 8.35%, BoI reduced its repo-based lending rate to 8.35% from 8.85%, UCO Bank lowered its MCLR across all tenors post RBI rate cut.
- UCO Bank's MCLR rates decreased across different time periods, making loans cheaper for customers. RBI also reduced Cash Reserve Ratio by 100 basis points to release liquidity into the banking system.
- The rate cuts aim to stimulate economic activity by making borrowing more affordable for businesses and consumers.
Bloomberg Quint | 8 Jun, 2025

Bandu’s Blockbusters for June 8, 2025
- Bandu, an ace investor and trader, selects five stocks each Sunday he believes will be blockbusters for the week ahead.
- Readers can participate by guessing the stock that will provide the best return by the following Friday (BSE prices) and emailing their pick along with expected price rise.
- The winner will receive a prize of ₹2,000, with submission details required by Wednesday noon.
- Last week's winner was AKC Menon, with Punjab National Bank providing a return of 4.11 per cent between May 30 and June 6.
HinduBusinessLine | 7 Jun, 2025

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Punjab National Bank FAQs
When was Punjab National Bank founded?
Punjab National Bank was founded in 1894. The company has been operating for 131 years primarily in the Banking sector.
Where is the Punjab National Bank headquarters located?
Punjab National Bank is headquartered in Delhi/NCR, Delhi.
How many employees does Punjab National Bank have in India?
Punjab National Bank currently has more than 1 Lakh+ employees in India. BFSI, Investments & Trading department appears to have the highest employee count in Punjab National Bank based on the number of reviews submitted on AmbitionBox.
Does Punjab National Bank have good work-life balance?
Punjab National Bank has a Work-Life Balance Rating of 3.6 out of 5 based on 1,100+ employee reviews on AmbitionBox. 76% employees rated Punjab National Bank 4 or above, while 24% employees rated it 3 or below on work-life balance. This indicates that the majority of employees feel a generally balanced work-life experience, with some opportunities for improvement based on the feedback. We encourage you to read Punjab National Bank work-life balance reviews for more details.
Is Punjab National Bank good for career growth?
Career growth at Punjab National Bank is rated fairly well, with a promotions and appraisal rating of 3.7. 76% employees rated Punjab National Bank 4 or above, while 24% employees rated it 3 or below on promotions / appraisal. Though the sentiment is mixed for career growth, majority employees have rated it positively. We recommend reading Punjab National Bank promotions / appraisals reviews for more detailed insights.
What are the pros and cons of working in Punjab National Bank?
Working at Punjab National Bank comes with several advantages and disadvantages. It is highly rated for job security and salary & benefits. However, it is poorly rated for work satisfaction, company culture and work life balance, based on 1,100+ employee reviews on AmbitionBox.
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