PNB Signs MoU with BSNL to Open Employee Salary Accounts
PNB partners with BSNL to offer salary accounts with exclusive benefits for employees.
New Delhi | 25 September 2025: Punjab National Bank (PNB) has signed a Memorandum of Understanding (MoU) with Bharat Sanchar Nigam Limited (BSNL) to open salary accounts for BSNL employees. The agreement aims to provide comprehensive financial services and benefits to employees, ensuring convenience and security.
Key Officials Present
From PNB, the MoU was signed in the presence of:
- Shri Suresh Kumar Rana, CGM, BA & RM Division
- Shri Parveen Goyal, CGM, Delhi Zonal Office
- Shri Sanjeev Bhardwaj, GM, National Business Team
- Shri Rajesh Kumar, GM, Delhi Zonal Office
From BSNL, senior officials included:
- Shri Prabhu Dayal Chirania, Sr. GM, Corporate Budget and Banking
- Shri Shailender Kumar, DGM, Corporate Budget and Banking
Key Features of PNB Salary Accounts
The salary accounts for BSNL employees include:
- Customised account number
- Free Hospicash facility
- Free term insurance
- Free personal, air, and accidental insurance cover
- Free accidental education cover & girl child marriage cover
- Free family banking benefits
- Overdraft facility
- Special concessions on home loans and car loans, including lower interest rates, processing fees, and documentation charges
Statement from PNB
Shri Suresh Kumar Rana, CGM, BA & RM Division, PNB, said:
“We are delighted to partner with BSNL and provide a comprehensive suite of financial services to its employees. At PNB, we focus on delivering products that ensure financial well-being and support families with protection and benefits. This MoU reflects our commitment to strong institutional partnerships and inclusive growth.”
Benefits for BSNL Employees
Through this collaboration, BSNL employees will gain access to customised financial solutions and exclusive benefits. The salary accounts aim to simplify banking, enhance security, and offer long-term financial protection for employees and their families.
Key Takeaway
The MoU between PNB and BSNL marks a significant step in enhancing employee financial services. By offering salary accounts with extensive benefits, PNB reinforces its role as a trusted banking partner for institutional clients and their workforce.
Also Read : APOA, CPOPC and Solidaridad Join Forces for Sustainable Palm Oil Supply
