Punjab national bank entrance exam FAQs

Punjab national bank entrance exam FAQs

1. Can you give some details about the bank?

Punjab National Bank was registered on 19 May 1894 under the Indian Companies Act, with its office in Anarkali Bazaar, Lahore. The founding board was drawn from different parts of India professing different faiths and a varied back-ground with, however, the common objective of providing country with a truly national bank which would further the economic interest of the country. PNB's founders included several leaders of the Swadeshi movement such as Dyal Singh Majithia and Lala Harkishan Lal, Lala Lalchand, Shri Kali Prosanna Roy, Shri E.C. Jessawala, Shri Prabhu Dayal, Bakshi Jaishi Ram, and Lala Dholan Dass. Lala Lajpat Rai was actively associated with the management of the Bank in its early years. The board first met on 23 May 1894. Ironically, the PNB Website now claims Lala Lajpat Rai to be the founding father, surpassing Rai Mul Raj and Dyal Singh Majithia. The bank opened for business on 12 April 1895 in Lahore.

2. What are the highlights of the bank?

PNB has the distinction of being the first Indian bank to have been started solely with Indian capital that has survived to the present.

Punjab National Bank was ranked #717 in the Forbes Global 2000 in May 2013.

PNB was awarded the 'Best Public Sector Bank' by CNBC TV18 in 2012.

The bank was recognized as the 'most socially responsive bank' by Business world and PwC in 2012.

3. What was the objective behind establishing Punjab National Bank?

The objective of establishing Punjab National Bank was to help the poorer section of the society and contribute to the economic development of the country. It is the third largest bank of the country, it offers immense job opportunities to all those who wish to make a bright future in the field of banks.

4. What is the syllabus for Punjab National Bank exam?

Punjab National Bank syllabus is as given under:

1. Reasoning – analytical reasoning, non-verbal reasoning, directions etc………
2. English – paragraph questions, grammar & usage etc………
3. Computer & marketing – basics of computers, financial and marketing concepts etc………
4. Quantitative aptitude – probability, squares, cubes, data presentation, time and distance, commission, profit & Loses etc.
Descriptive test: Descriptive test contains English composition.

5. What are the eligibility criteria for Punjab National bank?

Eligibility criteria for PNB is-

Nationality/Citizenship: A candidate must be either (i) a Citizen of India or (ii) a subject of Nepal or (iii) subject of Bhutan or (iv) a Tibetan refugee who came over to India before 1st January, 1962 with the intention of permanently settling in India or (v) a person of Indian origin who has migrated from Pakistan, Burma, Sri Lanka, East African countries of Kenya, Uganda, the United Republic of Tanzania (formerly Tanganyika and Zanzibar), Zambia, Malawi, Zaire, Ethiopia and Vietnam with the intention of permanently settling in India. Provided that a candidate belonging to categories (ii), (iii), (iv) & (v) above shall be a person in whose favor a certificate of eligibility has been issued by the Govt. of India. A candidate in whose case a certificate of eligibility is necessary, may be admitted to the examination/interview conducted by the Bank but on final selection, the offer of appointment may be given only after the necessary eligibility certificate has been issued to him by the Govt. of India.

6. What are the requirements regarding age, educational qualification for PNB clerical recruitment?

To apply for PNB clerical recruitment, following conditions need to be fulfilled:
Age limit- 20 – 25 yrs. (+3 yrs. for OBC, +5 yrs. for SC/ST)
Education qualification – should have 50% in graduation from recognized university, Can apply only for the state where you appeared for common exam,

Knowledge of local language of that state is required.

7. Is preference given to local language for clerk post?

Yes, candidates knowing local language are preferred.

8. After clearing IBPS exam, am I eligible to be called for PNB interview?

No, you have to follow the selection procedure of PNB which is:-

Selection Procedure: Selection will be through written test (which may be conducted on-line/off-line) and/or interview. Merely satisfying the eligibility norms do not entitle a candidate to be called for test or Interview.

The written test (except Officer (IT), Officer (HRD) and Hindi Officers) shall contain Professional Knowledge, English Language, Quantitative Aptitude, and Reasoning Ability
Selection for Officer (IT), Officer (HRD) will be through CWE conducted by IBPS and/or interview.

Selection for Hindi Officers will be through CWE conducted by IBPS and/or interview and group discussion.

9. How to pay the fees and apply for PNB exam?

Their application fee must be paid in cash, separately for each post at any branch of Punjab National Bank. Before depositing the fee, the candidate must ensure that he/she meets the eligibility criteria of the posts for which he is applying and then download a copy of the cash voucher from website www.pnbindia.in

The voucher will be in duplicate. The voucher be filled up and thereafter be presented at any branch of PNB, along with the application fee.

The following details must be entered into both copies of the voucher (i) Candidate’s name (ii) Candidate’s category (iii) Name and code number of the branch selected for payment (iv) Date of payment and (v) Fee to be paid

After payment, the candidate must ensure that the transaction ID generated is entered into the voucher. The candidate’s copy of the voucher will then be handed over to him/her.

The date will be the same for candidates belonging to far-flung areas. No other mode of deposit of fee is permitted.

Candidates should log onto website www.pnbindia.in

After remitting the requisite application fee/ intimation charges candidates should click on the appropriate online application format and fill in the requisite application details.

The transaction ID provided by the branch after payment must be quoted in the application and the original cash voucher must be produced along with the call letter at the time of the written test

In addition, (for post (except Officer (IT), Officer (HRD), Hindi Officers) before applying online, a candidate will be required to have a scanned (digital) image of his photograph and signature.

Candidates should ensure that both the photograph and signature are within the required specifications.

If the size of the file is more than the specified limit then adjust the settings of the scanner. On line applications are to be processed by a computerized system.

It is essential that the application is properly and completely filled in. Candidates should keep a printout of the duly submitted application for future reference.

The candidate should have a valid personal email id.This will enable him/her to receive call letter/ interview advice etc. by email. For (post Officer (IT), Officer (HRD), Hindi Officers) candidates should ensure that their personal email ID (as specified in the online application form while applying for.

Bank may send call letters/intimations for group discussion/interview etc. to the registered e-mail ID

Only for post (except Officer (IT), Officer (HRD), Hindi Officers) there is provision to modify the submitted on-line application

Candidates are requested to make use of this facility to correct the details in on-line application, if any. This modification facility shall be available after 2 days of registration .Modification will be allowed only 3 times.

After the last date for modification, no modification will be permitted.

10. Are there any overseas branches of this bank?

Yes, there are four overseas branches out of which 2 were in Dubai and one each in Dubai and Kabul. Bank also has one joint venture in Nepal - Everest Bank Limited which has 48 branches.