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Offshore Banking Unit (OBUs)

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About OBUs

Who can deposit in OBU?

Deposit in OBU can be accepted from :
* Non-Resident Indians (NRI)
* Resident Indians as per FEMA

Who can borrow from OBU?

OBUs can lend to :
* Companies / Units within the "Special Economic Zones" in India
* Companies outside "SEZs" as per existing FEMA guidelines

OBU Loan Schemes

* WORKING CAPITAL LOANS
* TERM LOANS -Short Term /Medium Term/Long Term
* BILL DISCOUNTING
* BUYERS CREDIT
* LC DISCOUNTING
* ANY OTHER PRODUCT TO SUIT YOUR REQUIREMENT
* SEZ Developers

OBUs Interest Rates

ACCOUNT OPENING FORM


Contact Details
Punjab National Bank
Offshore Banking Unit,
SEEPZ, Andheri (E),
Mumbai 400096, INDIA
Telephone: Branch Head (Chief Manager) - 00-91-22-28291631
Senior Manager * 00-91-22-28293222
Manager - 00-91-22-28290682
Fax: 00-91-22-28293333
Email: obu@pnb.co.in
Alternate Email: bo4438@pnb.co.in

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