Investment
in India - Banking System
Banking System - Banks In India
Public
Sector Banks in India | Private Sector Banks in India |
Cooperative Banks in India |
Regional Rural Banks in India
| Foreign Banks in India |
Upcoming Foreign Banks in India
Bank of Punjab is operating from
April 1995 when its first branch was opened in Chandigarh. By March
1996, its deposit base was Rs. 2342.17 Crores. In 4 years, the annual
growth rose to Rs. 3244.76 which was 200%.
Bank of Punjab is the first bank to focus on retail banking and to
introduce faxbanking and telebanking for its customers.
It has a tie up with Master Card International for its MAESTERO,
SWADHAN and CIRRUS International Card Network.
It has set up Dr. Inderjit Singh Institute of Banking and Insurance
Management at Gurgaon, near Delhi, to provide ideal learning environment
banks, insurance and financial sectors professionals.
Centurion Bank has merged with Bank of Punjab on June 29, 2005 to form
Centurion Bank of Punjab at swap ratio to 4:9. This mean that for every
four shares of Bank of Punjab, its shareholders will receive nine shares
of Cunturion Bank.
The following is the pro-forma combined figures as of March 2005:
| Branches
and ext. Counters |
235 |
| ATMs |
382 |
| Number of
Customers |
2.2 million |
| Net Worth (Rs.
Crores) |
696 |
| Total Assets
|
9,395 |
| Deposits (Rs.
Crores) |
7,837 |
| Operating
Profit (Rs. Crores) |
43 |
Bank of Punjab Services
Bank of Punjab offers a range of services to its customers through
internet and fully computerised branch or off-site ATM Network. These
services are as mentioned below:
- Extended working hours
- Any Time Anywhere Banking
- Banking Through Our ATM Network
- Online eBanking/Internet Banking
- eAlerts
- eNews
- Mobile Banking
- 24 Hour 365 Days Interactive
Customer Care Centre
- Remote Customer Terminal
- Telebanking / Fax Banking
- Special Service For Senior Citizens
- Special Service For Customer Who
Can not Physically Access The Bank
- Fully computerized service network
Bank of Punjab Products
Bank of Punjab facilitates with the following products to its
customers:
- Current Account
- Saving account
- Fixed Deposit
- Flexi Fixed Deposit
- Recurring Deposit
- Demat Accounts
- Overdraft Facilities
Bank of Punjab Loans
Bank of Punjab offers the following loans ot its customers:
- Auto Loans
- Home Loans
- Loan Against Shares
- Education Loans
- Personal Loans
Bank of Punjab NRI Deposits
The following deposit facilities are provided to NRIs:
- NRE (Saving bank account/ Current
account/Term deposits)
- NRNR
- FCNR (Only Term Deposits)
- NRO (Saving bank account/ current
account/term deposits)
- RFC (Saving bank account/ Current
account/Term deposits)
- NRSR
24 Hours
Helpline
16001801223 (MTNL / BSNL toll free)
011 - 39006900 (Delhi + NCR)
Website of Bank of Punjab
www.bankofpunjab.com
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