Punjab National Bank has been operating in the UK since 2007.
The UK bank is a subsidiary of the parent bank in India, which was founded in 1894. The parent bank also owns 51% of Bhutanese bank Druk PNB Bank, 20% of Nepalese bank Everest Bank, and 84% of JSC Bank in Kazakhstan.
Its UK subsidiary is based in Moorgate, London and offers a range of financial products such as loans, savings, and current accounts.
Our product ratings for Punjab National Bank
Our product ratings are designed to help you choose a quality product. We rate policies on the key features that are most important for the majority of customers.
Bank accounts
3 products reviewed
Basic bank accounts
1 product reviewed
Punjab National Bank
Personal Current Account
| Feature | Value |
|---|---|
| Cash withdrawal fee in UK (own bank) |
£0.00
|
| Annual fee |
£0.00
|
| Part of FSCS | Yes |
| Unpaid transaction fee |
N/A
|
| Bankers draft/cheque fee |
£15.00
|
| Maximum cash machine withdrawal per day |
£250.00
|
| Monthly Fee |
£0.00
|
Debit Cards
1 product reviewed
Punjab National Bank
Personal Current Account
| Feature | Value |
|---|---|
| Card payment fee (£) |
£0.00
|
| Debit card? | Yes |
| Maximum cash machine withdrawal per day |
£250.00
|
| Number of Free Replacement Cards |
0
|
| Account Type |
Basic
|
| Monthly Fee |
£0.00
|
Foreign use bank accounts
1 product reviewed
Punjab National Bank
Personal Current Account
| Feature | Value |
|---|---|
| Foreign cash withdrawal fee |
1.5%
|
| Foreign cash withdrawal additional charge |
£0.00
|
| Foreign purchases fee |
1.5%
|
| Is there a limit on free cash withdrawals? |
No free cash withdrawals
|
| Monthly Fee |
£0.00
|
Savings Accounts
3 products reviewed
Easy Access Accounts
1 product reviewed
Punjab National Bank
Savings Account
| Feature | Value |
|---|---|
| Interest Rate (AER) |
0.75%
|
| Balance Tiers |
0.75% from £1
|
| Minimum Opening Balance |
£1.00
|
| Withdrawal Penalty |
N/A
|
| Part of FSCS | Yes |
| Bonus Rate |
N/A
|
Easy Access Accounts (Less than £3000)
1 product reviewed
Punjab National Bank
Savings Account
| Feature | Value |
|---|---|
| Interest Rate (AER) |
0.75%
|
| Balance Tiers |
0.75% from £1
|
| Part of FSCS |
TRUE
|
| Minimum Opening Balance |
£1.00
|
| Additional Opening Criteria |
N/A
|
| Average Interest Rate (AER) |
0.72%
|
| Bonus Rate |
N/A
|
| Average Interest Rate (AER) 12-months |
0.75%
|
Easy Access Accounts (£3000 or more)
1 product reviewed
Punjab National Bank
Savings Account
| Feature | Value |
|---|---|
| Interest Rate (AER) |
0.75%
|
| Balance Tiers |
0.75% from £1
|
| Part of FSCS |
TRUE
|
| Minimum Opening Balance |
£1.00
|
| Additional Opening Criteria |
N/A
|
| Average Interest Rate (AER) |
0.72%
|
| Bonus Rate |
N/A
|
| Average Interest Rate (AER) 12-months |
0.75%
|
Savings Accounts (ISAs)
1 product reviewed
Easy Access ISAs
1 product reviewed
Punjab National Bank
Variable Rate Cash ISA
| Feature | Value |
|---|---|
| Interest Rate (AER) |
0.75%
|
| Minimum Opening Balance |
£1.00
|
| Part of FSCS | Yes |
| Withdrawal Penalty |
N/A
|