Two more PNB ultra small branches open in I/E
Source: Hueiyen News Service

Imphal, August 29 2013: Two more ultra small branches of Punjab National Bank, Irilbung have been inaugurated in two villages of Imphal east.

The villages where PNB ultra small branches were opened up are Urup and Keirao Makting village.

Ng.

Amukhomba will work as Field Business Correspondent for the PNB ultra small branch located at Urup village while Mutum Irabanta Singh for the PNB ultra small branch located at Keirao Makting.

Earlier, three PNB, Ultra small branches were opened up at Keirao Bitra, Langdum and Kyamgei Muslim. M.Subash, Branch Manager of Punjab National Bank, Irilbung; Md.Juber Khan, Pradhan of Keirao Makting Gram Panchayat; Md.Abdul Salam, Member of Keirao Makting Zilla Parishad attended the opening function of the bank branches as Presidium Members.

Speaking on the occasion, M.Subash said that in pursuance of the policy of Reserved Bank of India to provide doorstep Banking services and facilities in the remote unbanked villages, the PNB Ultra small branches have been opened up in these villages.

Benefits of direct cash Transfer, Government benefit schemes, MGNREGS, Old ages pensions, KCC loans, etc.

will now be provided through the accounts of the beneficiaries opened up with such Ultra small branches.

"Now the villagers will be able to enjoy the benefits of the PNB bank through the ultra small branches opened up at their respective villages.

The Field Business correspondents (FBC) deployed to these PNB Ultra small branches have been authorised by the bank authority to work, provide all the banking facilities meant for the public.

FBCs are the intermediaries between the bank and the people.

People are required to enjoy the benefits of the bank through consultation and cooperation with the business correspondents.

Transaction of cash will be carried out in the villages with the help of the Smart Transaction system machine of The BCs.

Smart card Account numbers will be provided to the People and People will not be charged any money for opening their Account with the bank.

It's completely free and no frill account system", pointed out the Manager.

He further said that generally people think taking bank loan to be an uphill task but it is not so.

It is not a difficult task if the people are sincere.

If not sincere, it will be difficult to get benefit from the bank.

Bank is always ready to help those trustworthy people.

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