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Punjab National Bank gains on unveiling prepaid ATM Debit card

05 Sep 2013 Evaluate

Punjab National Bank is currently trading at Rs. 435.20, up by 22.20 points or 5.38% from its previous closing of Rs. 413.00 on the BSE.

The scrip opened at Rs. 427.00 and has touched a high and low of Rs. 440.20 and Rs. 427.00 respectively. So far 38,000 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 922.10 on 31-Jan-2013 and a 52 week low of Rs. 402.20 on 04-Sep-2013.

Last one week high and low of the scrip stood at Rs. 446.60 and Rs. 402.20 respectively. The current market cap of the company is Rs. 15,383.00 crore.

The promoters holding in the company stood at 57.87% while Institutions and Non-Institutions held 37.06% and 5.06% respectively.

Punjab National Bank (PNB) has launched ‘PNB Prepaid ATM Debit Card, Suvidha’ for withdrawing money, making purchases at various shops, commercial establishments, air and rail tickets, payment of utility bills and for online Internet transactions. It is the first of its type to be launched by a nationalized bank, can be recharged at any branch of PNB in the country and is similar to like recharging a prepaid mobile connection at any place.

The card is valid for 6 months to 36 months and can be issued to PNB customers already having any account and also to Non Customers subject to their KYC compliance as per RBI directions. Instead of carrying cash people can procure the prepaid ATM Debit Card with a minimum of Rs 500 and maximum of Rs 50,000 recharge.

Beside, the Prepaid Debit Card can be used at ATMs for 24x7 cash withdrawal, at POS outlets for making purchases and over the internet for e-commerce transactions and payment of utility bills etc.

PNB Share Price

109.35 -1.80 (-1.62%)
30-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
SBI 1068.00
PNB 109.35
Canara Bank 134.65
Bank Of Baroda 263.50
Union Bank Of India 166.00
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