Reimbursement of cost of New Electrical Car (E-Vehicle) for personal use (Not more than 3 months old).
Eligibility
Minimum net monthly salary / pension / income – Rs. 30000/-
For purchase of new vehicle: Individuals as well as business concerns (Corporate or non-corporate).
For Reimbursement of cost:
Existing borrower with satisfactory track record viz. all loan accounts running regular.
or
Existing SB/CA customer with satisfactory track record and maintaining average monthly balance of Rs. 50000/- & Rs. 100000/- respectively in Saving/Current account for last six months.
or
Permanent Government/PSU Employee.
or
Salaried customer who are maintaining salary account with our Bank.
Age
Minimum: 18 years
Maximum: Subject to adjustment of loan for Individuals / Prop. before the age of:
Service class non-pension – 60 years,
Service class with pension / others – 70 years*
Quantum of Finance
For Individuals & Proprietorship concerns: No maximum ceiling on amount of loan.
For business concerns and Institutions (corporate or non-corporate): For personal use only. No maximum ceiling on amount of finance and number of vehicles to be financed to single entity.
Margin
i) For New vehicles:
10% – General Public
5% – Government/PSU employee
NIL – Government/PSU Employee Salary account with us.
For Reimbursement: 25% on ex-showroom price of vehicle.*
Guarantee
i) Individual / Proprietorship cases:
a) Where installment is paid through deduction from salary / salary account including ECS mandate – Guarantee may be waived.
b) In other cases: Guarantee of Spouse/Major children / Third party may be obtained. However, where gross monthly income of borrower including co-borrower is Rs. 50,000 & above, guarantee is waived.
ii) Partnership Firm cases: Nil
iii) Joint Stock Companies / Trusts / Associations etc.: Personal guarantee of any Director / Trustee / Member (other than those who are executing the documents).
Max. 84 months in case of four wheelers.
Max. 60 months in case of two wheelers.
Processing Charges
The one-time processing fee @ 0.25% of loan amount + GST subject to minimum of Rs. 1000/- + GST and maximum of Rs. 15000/- + GST
Waived for: Staff members, retired employees of our bank, pensioners drawing pension through our bank and staff guaranteed accounts of their family members.
The link will open only through bank's intranet and it will not open through internet
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“Compare and Shop is a Service provided by Cheggout Services Pvt Ltd for Punjab and Sind Bank customer(s). Punjab & Sind Bank is providing this as a value added service. Punjab and Sind Bank does not guarantee or warranty or make any representation about the usefulness, worthiness and/or character of the product/service and/or discount or benefit.”
A New Internet Banking and Mobile Banking Solution - PSB UnIC for Retail Customers including NRE/NRO and PSB UnIC Biz for Sole Proprietor customers and Corporate Customers has been rolled out successfully by the Bank bringing UPI, IMPS, NEFT, RTGS and many more banking services under one platform.
Please note that our customers have already been notified that the old Internet Banking Portal of the Bank will be pulled down by 28.02.2022. The Funds Transfer services were blocked for Retail Internet Banking Customers since 09.01.2022. However, our old Internet Banking Portal was running parallelly for the last few days for the benefit of old Retail and Corporate Internet Banking Customers. It has now been decided that the Old Internet Banking will be pulled down on midnight of 21.03.2022. Bill Payments and Tax Payments ( OLTAS and GST) can be done through PSB UnIC digital platform. Bill Payment services are moved to PSB UnIC from 16.03.2022 onwards and the OLTAS functionality will be live from 18.03.2022 through PSB UnIC.
Our existing old Internet Banking customers ( Retail and Sole Propriership) who are yet to register in PSB UnIC are requested to make a onetime registration by visiting our website: https://punjabandsindbank.co.in and by clicking on PSB UnIC and choosing appropriate Option as follows:
And submit the duly signed application form along with required documents Viz. Board Resolution / Partnership Letter with Deed / Trust, Society, Club Resolution Letter/ HUF Letter etc. and also the KYC documents of the Authorised Users immediately to the parent Branch.
These corporate customers will be sent a registration kit through email after submission of the above documents. By Using the credentials in the mail, the corporate customers are requested to register by following the instructions contained in the email and start availing the benefit of PSB UnIC Biz services.
General Manager-IT,
Punjab & Sind Bank
Internet Banking
Dear customers,
A New Internet Banking and Mobile Banking Solution - PSB UnIC for Retail Customers including NRE/NRO and PSB UnIC Biz for Sole Proprietor customers and Corporate Customers has been rolled out successfully by the Bank bringing UPI, IMPS, NEFT, RTGS and many more banking services under one platform.
Please note that our customers have already been notified that the old Internet Banking Portal of the Bank will be pulled down by 28.02.2022. The Funds Transfer services were blocked for Retail Internet Banking Customers since 09.01.2022. However, our old Internet Banking Portal was running parallelly for the last few days for the benefit of old Retail and Corporate Internet Banking Customers. It has now been decided that the Old Internet Banking will be pulled down on midnight of 21.03.2022. Bill Payments and Tax Payments ( OLTAS and GST) can be done through PSB UnIC digital platform. Bill Payment services are moved to PSB UnIC from 16.03.2022 onwards and the OLTAS functionality will be live from 18.03.2022 through PSB UnIC.
Our existing old Internet Banking customers ( Retail and Sole Propriership) who are yet to register in PSB UnIC are requested to make a onetime registration by visiting our website: https://punjabandsindbank.co.in and by clicking on PSB UnIC and choosing appropriate Option as follows:
And submit the duly signed application form along with required documents Viz. Board Resolution / Partnership Letter with Deed / Trust, Society, Club Resolution Letter/ HUF Letter etc. and also the KYC documents of the Authorised Users immediately to the parent Branch.
These corporate customers will be sent a registration kit through email after submission of the above documents. By Using the credentials in the mail, the corporate customers are requested to register by following the instructions contained in the email and start availing the benefit of PSB UnIC Biz services.
