PNB customers to pay higher charges for non-credit services

Come September, PNB customers will have to pay charges for depositing cash above Rs. 5,000 in a non-base branch even if it is located in the same city. Currently, the customers of Punjab National Bank have levied charges only for depositing cash over Rs. 25,000 at a non-base branch within the same city.

It has been decided to revise the non-credit related charges (exclusive of GST) with effect from September 1st, 2017 for cash deposit above Rs. 5,000 at other than base branch within the same city.
Important Takeaways from Above News-
  • Sunil Mehta is Present Managing Director and Chief Executive Officer of PNB.
  • The Headquarter of Punjab National Bank is in New Delhi.
Source- The Hindu Business Line

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