Punjab National Bank (PNB) has stopped 0.75 per cent incentive on fuel purchases via digital modes. The Bank discontinued to pass on the benefit from last month, citing that the facility has been withdrawn by the OMCs (Oil Marketing Companies).
Initially, the 0.75 per cent petro incentive was removed while making payments through credit cards following withdrawal of such facilities on debit card payments.
PNB is one of the oldest banks in India having a virtual presence in every important center of the country. The Bank caters to a wide variety of audience through spectrum of services including corporate and personal banking, industrial finance, agricultural finance and international finance.