Punjab National Bank Career Opportunities

Posted on January 21, 2010

Punjab National Bank Careers & Job Prospects in India

The Punjab National bank is the first National bank to have been started with capital that was only from India. It was established in 1895 in Lahore. The bank was nationalized in the year 1969 along with 13 other banks.

Today, the Punjab National Bank is spread all over the country with 3850 branches. The vast number of services that the Punjab National bank offers in the region of personal banking, corporate banking, internet banking has opened several new departments and each of these require specialized and well-trained staff to man them. This is where the bank starts looking for qualified professionals who will meet the demands of growing business.

PNB Recruitment process:

The bank needs people in the clerical and the supervisory and management grades regularly. Each of these positions is advertised in the best newspapers and the application forms can be easily procured. On the last count Punjab National Bank advertised for 738 vacancies in all in the regions of Management Trainees, Specialist Officers and Clerical cadre.

The applications can be sent via post or online too. The date for the exam for eligible candidates is sent to them along with the date of the exam and entry form.

There are several of different kinds of job opportunities in Punjab National Bank based on its growth plans. Some of these are Financial Analyst, Manager Law, Security Officers, Economists and IT specialists.

Pay scales and perks in PNB Bank:

The pay scales that you will get in the Punjab National Bank are competitive and on par with the best that is offered in the banking sector. Let us look at some grades and posts and the scale of pay that they would fall under.

A Management Trainee, Security Officer and Deputy Manager Financial Analyst, Economist and Law in the grade of JMG Scale I will get a scale of 10000-470/6-12820-500/3-14320-560/7-18240. Whereas a clerical cadre in the clerical grade will get 4410-215/3-5055-335/3-6060- 470/4-7940-500/3-9440-560/4-11680-970/1-12650-560/1-13210.

The employees are also eligible for DA, CCA, HRA, accommodation, LTA, hospitalization and retirement benefits according to the bank rules.

Job Opportunities:

Punjab National Bank is a bank that you can certainly bank and count on for not only your banking needs but great career prospects too. The bank has over 38 million delighted customers spread all over the country and they are serviced from the 4668 offices.

The Punjab National Bank continues to retain its strong leadership position due to the stringent recruitment process followed and having the best practices and human resources under its fold.

There are several growth opportunities and with a long stint at the bank one can also end up becoming the Circle officer in charge of a particular region. There are several career prospects within the department laterally and also vertically.

If you are looking for a job that is the best and offers security, good salary and growth and learning prospects, then you must try for a job at the Punjab National Bank.

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