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Subsidiaries

 

  PNB Gilts Ltd.

A subsidiary of  Punjab National Bank which was amongst the first ones to get the licence for undertaking activities in the Government Security market, as a primary dealer in 1996. The company received ISO 9002 certification from British Standard Institution, making it as the first primary dealer in India to achieve this certification for its quality systems and procedures. This certificate has been granted to the company as a whole including its corporate and branch offices.

  PNB Housing Finance Ltd.

This is a wholly owned subsidiary of Punjab National Bank, is engaged in providing housing loans for purchase, construction and upgradation of a dwelling unit. The company offers Loans for construction or for purchase of house/flat from development authorities and also from private builders/ group housing societies as well as for renovation/ repairs. Company also provide finance for construction of residential projects. Loans to NRIs are also provided for purchase/ construction of house/ flat along with a resident/ non-resident co-borrower.

  PNB Capital Services Limited

Stands merged with PNB

Depositors of PNB CAPs to contact Chief Manager Bhikaiji Cama Place for further queries regarding Fixed deposits.

 


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