PNB opens ‘Gen Next’ branch to attract youth

The country’s second largest public-sector lender Punjab National Bank (PNB) on Saturday opened its ‘Gen Next’ branch here, aimed at providing hi-tech banking to the youth.

“In the youth bulge economy, attracting young customer is the need of the hour and in order to do so, the Gen Next Branch will provide Gen Next banking facilities,” PNB Chairman and Managing Director Mr K R Kamath said inaugurating the branch.

The branch is well-equipped for tech-savvy customers, and has WIFI premises, cafeteria, books corner and all the gadgets as per e-lobby. Further, it will be loaded with ATM, cheque deposit machine with provision for cash deposit, pass book printing machine, he said.

It will have scanner facility to help customers go for online submission of loan applications.

Mr Kamath said that this year five such branches would be opened in the country.

Earlier, he distributed around 501 rickshaws to rickshaw pullers under the bank’s financial inclusion programme.