Punjab National Bank was India’s first ever Swadeshi bank which came into being on 12th April 1895. It was formed under the great vision of Lala Lajpat Rai, Mr. E. C. Jessawala, Mr. Kali Prossonna Rai, Lala Harkishan Lal and Sardar Dayal Singh Majithia. The bank started working with an authorized capital of Rs.2 lacs and initial deposits of Rs.20000. it showed their dedication towards nationalism for establishing the first Indian bank with the capital also invested by the Indians. The bank was awarded under the category of the most trusted bank in 2015 amongst the top 1000 banks of the world. The bank was also awarded as the most valuable Indian brand amongst the nationalized banks. The bank currently is operating with the network of 6635 branches and 8622 ATM’s across India.
Punjab National Bank is providing the meritorious students with the education loan so that they can pursue their dreams of higher studies. The various types of education loans offered by the bank are: