Punjab & Sind Bank was established in the
year 1908 with the principle of helping the weaker section in the
society. It is the first bank in Northern India to get ISO 9002
certification for its selected branches. The total business of the Bank
stood at Rs. 200525 millions as on March 31, 2004.
Punjab & Sind Bank has 760 branches and 131 extension counters. It
has opened an exclusive Housing Finance Branch in order to cater the
credit need of the house aspirants. To groom the youngsters, it has its
own Hockey Academy at Jalandhar. It sponsored 58th National Junior
Hockey Championship. It also sponsored the Junior Hockey Team in the 6th
Junior World Cup Hockey Championship at Milton Keyenses, England. The
team brought Silver Medal to India.
Punjab & Sind Bank Credit Card
The bank launched a co-branded credit card on 2nd July 2004 with ICICI
Bank known as "PUNJAB & SIND BANK-ICICI BANK Credit Card".
It comes in the following three varieties :
- Blue Card
- Silver Card
- Gold Card
The eligibility criteria for availing the card in terms of Annual
Income are as mentioned below :
| Eligibility Gold Card |
Blue Card |
Silver Card |
Gold Card |
| Salaried |
Rs.60000/-p.a |
Rs.60000/-p.a |
Rs.120000/-p.a |
| Self Employed |
Rs.50000/-p.a |
Rs.50000/-p.a |
Rs.100000/-p.a |
The credit card account is maintained by ICICI Bank. It provides all
operational services for the credit card covering periodical bills,
despatching statement, collection, payments and processing of charges
etc. It also assumes the responsibility for collection, recovery of
charges, due fees, all financial liability and debt risk.
For any queries related to credit card, customers can contact in the
following address :
Credit Card Division 1st Floor,
21, Rajendra Place,
New Delhi
Tel. : 011-25737350
Fax : 011-25728970
Punjab & Sind Bank Insurance
Punjab & Sind Bank is having a special tie-up arrangements with
insurance companies to provide insurance related services to its
customers. For all its Non Life insurance business it has a tie-up with
M/s Bajaj Allianz General Insurance Company and for Life Insurance
business arrangements, it follows M/s Aviva Life Insurance Company India
Pvt. Ltd.
Punjab & Sind Bank NRI services
The bank has opened a fully computerized, automated and specialised
branch for NRIs known as Global Banking Centre at B-Block Connaught
Place, New Delhi. The schemes which it provides to NRIs are as under :
- Remittance
- Non Resident (External) Rupee Account (NRE
- Foreign Currency Non-Resident (FCNR) Accounts (Banks) Scheme
- Ordinary Non-Resident (NRO) Account
- Non-Resident (Non-Repatriable) Rupee Deposit Scheme (NRNR)
- Resident-Foreign Currency (RFC) Account
- Special Non-Convertible Account
Punjab & Sind Bank Head Office
1st Floor, 21, Rajendra Place,
New Delhi
Tel. : 011-25719082
Fax : 011-25723793
E-Mail :
ho.pr@psb.org.in
www.psbindia.com