PNB special savings account scheme

Aimed at disbursement of salary of Government school teachers, the Punjab National Bank has introduced a special savings account scheme — PNB Shikhak Saving Account scheme in Kerala.

The scheme will be a zero balance account with no charges. The teachers will be provided with free ATM/Debit cards and add-on-card, if required.

This will enable the teachers the benefit of multiple ATM card for use of their family members. Free personalised cheque books will also be issued.

For transfer of funds to other Bank accounts anywhere in the country, there will not be any charge for RTGS/NEFT, Mr K. V. Rajesh, Circle Head of the bank, said.

The bank will also provide Internet Banking, Mobile Banking and SMS alert facilities to the account holders. There will be concessions in interest rates for car/housing loans, locker rent and documentation/processing charges.