Punjab National Bank (PNB) account holders will now get a unique health insurance scheme launched by Oriental Insurance.
During the launch of policy PNB executive director Nagesh Pydah told reporters, 'The policy covers the insurance proposes, spouse and two dependent children. Persons up to 80 years of age can be covered under the policy.”
Last year, a bancassurance deal was signed between the state-owned general insurer and the PNB for the distribution of insurance policies at bank counters.
Oriental Insurance's deputy general manager G. Anandan said insurance cover will be available from Rs.100,000 to Rs.500,000 on floater basis. All the family members will be covered under a single sum insured and the premium will be uniform across all age groups.
Tuesday, May 25, 2010
Wednesday, May 5, 2010
PNB opened fifth branch in UK at Ilford
Punjab National Bank, a public sector lender wholly owned subsidiary Punjab National Bank (International) Ltd located in UK has opened a fifth branch in the UK at Ilford, east London and plans to add two more this year.
Punjab National Bank (PNB) Chairman and Managing Director K R Kamath told that the two new branches will be opened at Wembley and Wolverhampton.
PNB is having more than 5,000 branches, 56 million customers and a total business of Rs 4.37 lakh crore.
Apart from pan-India operations, it has also opened branches in nine countries including UK, Hong Kong, the UAE (Dubai), China, Norway, Kazakhastan, Nepal, Bhutan and Afghanistan.
PNBIL MD S R Sharma told bank has a customer-centric approach and offers technology-based products like Chip & PIN-based debit card, Internet banking, competitive interest rates which has helped it in expanding its customer base and increase its profits rapidly.
Punjab National Bank (PNB) Chairman and Managing Director K R Kamath told that the two new branches will be opened at Wembley and Wolverhampton.
PNB is having more than 5,000 branches, 56 million customers and a total business of Rs 4.37 lakh crore.
Apart from pan-India operations, it has also opened branches in nine countries including UK, Hong Kong, the UAE (Dubai), China, Norway, Kazakhastan, Nepal, Bhutan and Afghanistan.
PNBIL MD S R Sharma told bank has a customer-centric approach and offers technology-based products like Chip & PIN-based debit card, Internet banking, competitive interest rates which has helped it in expanding its customer base and increase its profits rapidly.
PNB opened fifth branch in UK at Ilford
Punjab National Bank, a public sector lender wholly owned subsidiary Punjab National Bank (International) Ltd located in UK has opened a fifth branch in the UK at Ilford, east London and plans to add two more this year.
Punjab National Bank (PNB) Chairman and Managing Director K R Kamath told that the two new branches will be opened at Wembley and Wolverhampton.
PNB is having more than 5,000 branches, 56 million customers and a total business of Rs 4.37 lakh crore.
Apart from pan-India operations, it has also opened branches in nine countries including UK, Hong Kong, the UAE (Dubai), China, Norway, Kazakhastan, Nepal, Bhutan and Afghanistan.
PNBIL MD S R Sharma told bank has a customer-centric approach and offers technology-based products like Chip & PIN-based debit card, Internet banking, competitive interest rates which has helped it in expanding its customer base and increase its profits rapidly.
Punjab National Bank (PNB) Chairman and Managing Director K R Kamath told that the two new branches will be opened at Wembley and Wolverhampton.
PNB is having more than 5,000 branches, 56 million customers and a total business of Rs 4.37 lakh crore.
Apart from pan-India operations, it has also opened branches in nine countries including UK, Hong Kong, the UAE (Dubai), China, Norway, Kazakhastan, Nepal, Bhutan and Afghanistan.
PNBIL MD S R Sharma told bank has a customer-centric approach and offers technology-based products like Chip & PIN-based debit card, Internet banking, competitive interest rates which has helped it in expanding its customer base and increase its profits rapidly.
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