Punjab & Sind Bank, established in 1908, is headquartered at New Delhi. Having more than 800 branches across the country, the bank has around 10,000 employees dedicated to the banking services and customer care. The bank offers usual banking services along with innovative banking methods including Internet and phone banking, international banking, merchant banking, hire, purchase, leasing and credit cards.
Objective
The bank was founded by luminaries like Bhai Vir Singh, Sir Sunder Singh Majitha and Sardar Tarlochan Singh in the holy city of Amritsar on the principle of social commitment to help the weaker section of the society in their economic endeavours to raise their standard of life.
Achievements and Activities
Punjab & Sind Bank is the first bank in Northern India to obtain ISO 9002 certification for its selected branches. Its Housing Finance Branch caters to the credit need of the house aspirants.
The bank has entered into agreements for Non Life insurance business with M/s Bajaj Allianz General Insurance Company and Life Insurance business arrangements with M/s Aviva Life Insurance Company India Pvt. Ltd. Its customers can now avail insurance related services under one roof.
Nationalisation
Punjab & Sind Bank was nationalized in 1980 along with six other banks by the Government of India.
Products & Services
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