Dear Customer

In recognition of the COVID-19 pandemic, MasterCard has enhanced the contactless transaction limit at POS for Debit Cards in the UK from GBP 30 to GBP 45, which means, your PNBIL Debit Card Contactless limit will be enhanced to GBP 45. This enhanced limit will be with effect from 01st April 2020.

We hope you would make use of this enhanced limit and use your debit cards for payments through contactless at POS, reducing the physical contact with payment machines and hopefully slowing the virus spread.

For kind attention of the customers - » We are changing our Account Terms and Conditions WEF 1 July 2019. » Do not disclose your Personal information such as account number, login ID & password, debit card number & PIN to anyone.
Directors Profiles

Director Profiles

Mr. Rajeeva
Managing Director & CEO

Mr Rajeeva is a Post Graduate from Delhi University.He is also MBA (Banking & Finance) and Certified Associate of Indian Institute of Bankers(CAIIB). He joined parent bank Punjab National Bank as Management Trainee in 1993.
During his career spanning over 25 years, he has worked in Operations, Credit, HR and Audit. He has been a Branch Head.He has been Circle Head of three Circles Spread in three geographical locations in India.
Prior to joining PNBIL as MD & CEO, Sri Rajeeva was Circle Head of Noida Circle. He has won a number of awards and accolades for his outstanding performance in various roles. Sri Rajeeva has attended training programmes at Administrative Staff College of INDIA (ASCI) Hyderabad, National Institute of Bank Management (NIBM) Pune, and Indian Institute of Management (IIM) Ahmedabad.

Mr. Sundeep Bhandari
IndependentNon-Executive Director

Mr. Sundeep Bhandari is a committed and experienced risk management professional with a depth of knowledge in credit, market, operational and audit including conduct and compliance risk. He has Implemented firm-wide credit risk strategy and audit strategy. He has held senior positions with Standard Chartered Bank, formerly, Group Chief Credit Officer and Global Head of Internal Audit, Regions respectively for 40 markets. During a global banking career, he has managed businesses across multiple country and regional banking platforms, Commercial and Investment Banking, as well as detailed understanding of Consumer Banking, Wealth Management and Private Banking. As Managing Director and Co-Head Wholesale Banking South Asia and North East Asia respectively both at country and regional level, delivered consistent double-digit revenue growth. During his career he has built relationships with regulators across 15 countries, as well as a network spanning SMEs, large corporate, institutional clients and private banking. He began his career in UK working in Walthamstow, Plaistow, Tottenham and City branches of Barclays Bank respectively. He is a Trustee Director on the Board of a Charity, 15billion-ebp, Community Savings Bank, Governor at Stanmore College where he Chairs the Audit and Assurance Committee and a mentor with Virgin Start-ups, supporting entrepreneurs.

Mr. Ashwini Kumar Vats
Non Executive Director

Mr. Ashwini Kumar Vats joined the bank on 26.08.1985.He has master’s degree in Economics and is Certified Associate of the Indian Institute of Bankers from Indian Institute of Banking & Finance. He has successfully completed more than 33 years with Punjab National Bank India. During his career he has worked in various Branches of banks in different geographical locations for 12 years in various capacities, largely in Foreign Exchange Department. Has successfully headed the Audit Offices for 3 Years and was responsible for Audit of all offices in his command area, Compliance of Bank’s guidelines on Systems and Procedures. He has the experience of having worked in Treasury Division for 15 years in different capacities viz., Dealer, Chief Dealer and the Head of Treasury Division. The prime responsibility as Treasury Head was management of Banks’ fund by deploying for optimal return, maintenance of statutory reserve prescribed by the Central Bank, Investment in Government Securities, Govt. / Corporate Bonds, Equity and FOREX Segments. As General Manager of International Banking Division, he is responsible for overall growth of FOREX Business of the Bank and Compliance of Regulatory/ Supervisory guidelines of the Bank.