India’s second largest public sector lender Punjab National Bank
(PNB) plans to roll out new 24-hours service centres to enable
customers to access select banking services.

According to PNB, the bank aims to set up an eLobby, which will
have one ATM, cash deposit kiosk, pass book printing terminal,
cheque deposit machine and two internet banking terminals.

Go deeper with GlobalData

Premium Insights

The gold standard of business intelligence.

Find out more

Initially, the eLobby is planned to be set up
in Chandigarh, Panchkula and Ambala. More such eLobby centres would
be set up for the “convenience of customers” over the course of
2012, according to PNB.

PNB circle head, Kalpana Gupta, said:

“The main idea behind having an eLobby is to
provide 24 hours banking services to customers who do not have
enough time to visit bank branches during office hours. Now they
can visit these e-lobbies where they can carry out banking
transaction according to their conveniences.

“A maximum of INR30,000 ($576) can be
deposited at one time in the cash deposit kiosk. This will all be
automated.”

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.