Punjab National Bank to open five more branches

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Punjab National Bank to open five more branches

The Punjab National Bank would open five more branches and 25 Automated Teller Machines before March, said S.M. Veerappan, Deputy General Manager and Circle Head of the bank, Palani, Tamil Nadu.

He was presiding over the inaugural function of an ATM at Thoppamapatti near here on 02 February, 2011.

The new branches will be opened in Devakottai, Karaikkal, Virudhunagar, Sirugunur and Krishnagiri.

Customers can withdraw cash up to [rupee] 25,000 a day using classic ATM Card and [rupee] 40,000 a day with Platinum Card.

These cards could also be used for other banking services like Money Transfer, Balance Enquiry, BSNL Payments, PIN Change and Registering SMS Alerts, he added.

The PNB has also adopted 116 villages all over the country as part of its corporate social responsibility.

In Tiruchi Circle, the bank had adopted Kottur Naiynar near Devokottai and donated computer to the village panchayat and books to students, he added. Inaugurating the ATM, Government Chief Whip and Oddanchatram MLA R. Chakkarapani appealed to the bank to open a branch at Thoppampatti for the uplift of rural mass.

He also urged the people to be prompt in repayment of loan to enable the bank to finance more customers.

Former Prime Minister Indira Gandhi had nationalised the banks with a sole aim of helping the poor and needy.

Later, Mr. Chakkarapani distributed Education Loans to Students.