Punjab and Sind Bank is likely to employ 900 probationary officers and 800 clerks. Candidates, who had taken the common written examination for probationary officers and clerical cadre vacancies conducted by the Institute of Banking Personnel Selection in 2011 and obtained a valid score card, will be eligible to apply.
Recently, Punjab and Sind Bank has revised the interest rate on NRE Rupee term deposits. For one year the bank is offering 9.75% per annum compared to 9.50% earlier. For period above one year to less than 3 years the revised rate of interest is 9.50%.