21 October 2026
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Punjab National Bank Signs MoU with SGPC to Offer Customised Salary Banking Solutions

Partnership aims to streamline salary disbursement and provide tailored banking services for SGPC employees across gurdwaras, hospitals, schools, and institutions
Indian Masterminds Stories

Amritsar: Punjab National Bank (PNB) has entered into a strategic partnership with the Shiromani Gurdwara Parbandhak Committee (SGPC) by signing a Memorandum of Understanding (MoU) to provide customised salary and banking products for SGPC employees. The agreement is aimed at offering tailored PNB Salary Account products to staff working across Gurdwaras, hospitals, schools, and other institutions managed by SGPC.

MoU Signing Ceremony in Amritsar

The MoU signing ceremony was held in Amritsar in the presence of senior officials from both organisations. The event was attended by Amritabh Anand, Zonal Manager – Amritsar, and Krishna Kumar, Circle Head – Amritsar, representing Punjab National Bank. SGPC was represented by S. Partap Singh, Secretary of the Committee. Senior officials from PNB and SGPC were also present during the ceremony.

Read also: PNB and CERC Sign Renewed MoU to Strengthen Financial and Institutional Cooperation

Tailored Salary and Banking Products

Under the agreement, PNB will offer specialised salary account products designed to meet the unique financial needs of SGPC employees. These products are expected to provide seamless salary disbursement, easy access to banking services, and a range of value-added benefits, enhancing overall convenience for employees across SGPC-managed institutions.

The initiative will help simplify payroll management while ensuring reliable and efficient banking support for a large and diverse workforce.

Focus on Financial Inclusion and Efficiency

The collaboration reflects a shared commitment to promoting financial inclusion and improving operational efficiency. By offering sector-specific banking solutions, PNB aims to strengthen its engagement with institutional partners and extend modern banking facilities to employees working in religious, healthcare, and educational institutions under SGPC.

About Shiromani Gurdwara Parbandhak Committee (SGPC)

The Shiromani Gurdwara Parbandhak Committee is a statutory body responsible for the management and administration of historical Gurdwaras, educational institutions, hospitals, and other organisations in Punjab and beyond. SGPC plays a key role in religious, social, and educational services, serving the Sikh community and the wider public.

About Punjab National Bank

Punjab National Bank is one of India’s leading public sector banks, offering a wide range of banking and financial services to individuals, corporates, and institutions. With an extensive domestic and international network, PNB is committed to inclusive banking, customer-centric solutions, and supporting economic growth across sectors.

Read also: Leadership Updates: Ajai Kumar Shukla Appointed MD & CEO of PNB Housing Finance for Five-Year Term


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