Punjab National Bank launches digital initiative PNB@Ease

Punjab National Bank (PNB) has launched a digital initiative “PNB@Ease” under which every transaction undertaken by a bank branch will be initiated and authorised by customers themselves. This facility will enable the customers to avail all banking services under one roof.

On its 127th foundation day, PNB announced other digital initiatives such as the instant opening of online saving accounts via video-KYC, insta pre-approved loan, insta Demat account and insurance facility through internet and mobile banking services. PNB’s 127th Foundation Day celebrated on Apr 12, 2021.

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About the “PNB@Ease”:

• This facility will enable the customers to avail all banking services under one roof, he said, adding, PNB@Ease outlets would boost the bank’s distribution capability and lower the cost of customer acquisition.
• The service can range from savings accounts opening to availing various loans and more, without visiting a branch or help from the bank employees.

Important takeaways for all competitive exams:

• Punjab National Bank Headquarters: New Delhi.
• Punjab National Bank MD and CEO: S. S. Mallikarjuna Rao.
• Punjab National Bank Founded: 19 May 1894, Lahore, Pakistan.

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