PNB signs MoU with Tamil Nadu state government for State Employee Salary Accounts

Punjab National Bank has entered into an MoU with the Government of Tamil Nadu, marking a milestone partnership for managing salary accounts of state government employees. 

The MoU was solemnized at the State Government Treasury Department, Chennai, with Sh. N Venkatesh IAS, Director of Treasuries and Accounts, and Sh. P Mahendar, Zonal Head, Chennai, PNB, leading the ceremonial signing in the presence of other senior Bank officials.

This strategic collaboration empowers eligible state government employees with an extensive suite of exclusive insurance and welfare benefits under PNB’s Revamped Salary Schemes, reinforcing their financial resilience and social security framework. 

Committed to excellence in service delivery, PNB will work seamlessly with all stakeholder departments to facilitate efficient onboarding, ensuring a smooth transition for all employees into a comprehensive banking ecosystem designed for their financial convenience.