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Bank has launched EMV chip based debit card
We are privileged to introduce to you our new product, a Prepaid PNB World Travel Card
Corporate clients even who is not listed in any of the stock exchanges
The Debit Card offers at a glance.
ECS Credit is used for affording credit to a large number of beneficiaries having accounts with bank branches at various locations within the jurisdiction of a ECS Centre by raising a single debit to an account of a bank (that maintains the account of the user institution). ECS Credit enables payment of amounts towards distribution of dividend, interest, salary, pension, etc., of the user institution
ECS Debit is used for raising debits to a large number of accounts maintained with bank branches at various locations within the jurisdiction of a ECS Centre for single credit to an account of a bank (that maintains the account of the user institution). ECS Debit is useful for payment of telephone / electricity / water bills, cess / tax collections, loan instalment repayments, periodic investments in mutual funds, etc., that are periodic or repetitive in nature and payable to the user institution.
Application to be submitted for registration by the user clients with the branch where it is maintaining the account.
Bank will provide the S/W to be installed at user client site. The user client will submit the ECS data i.e details of transactions in a floppy to the branch where it is maintaining the account. You can avail ECS facility of payments of interest/dividend warrant, refund of share application money etc, directly in electronic form into your bank account by the institutions /companies by submitting ECS credit mandate form.
Please fill up 15 digit account number excluding the fifth digit while submitting the ECS (debit) mandate form, in case of you are maintaining account with our CBS branch.
For example :
If account number as appearing on the cheque book is 1234 0120 8989 9991 (16 digits) the account number for ECS purpose will be as under :
(Managed by Reserve Bank of India and other Public Sector Banks)
For any further clarification you may contact :
Nirmal K Singh
Punjab National Bank
Transaction Banking Division
5, Sansad Marg New Delhi
or send a mail to email@example.com
or contact at 011 - 23359035, 23766383, 23710021 (Ext. 349)
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