Punjab National Bank AD Code

Can you provide me the A.D. Code of the Branches of Punjab National Bank which are authorized to handle Business under Non-Resident Indians Portfolio Investment Scheme?

[Rajkumar Agarwal]

Portfolio Investment Scheme (PIS) of Punjab National Bank allows NRIs to invest in shares of Indian companies, in secondary market, under repatriation or non-repatriation basis in respect of shares or convertible debentures sold or purchased through a registered stock broker on a recognized stock exchange.

NRI to open separate PIS account (NRE/NRO) for the purpose of investments in secondary market on repatriation & non-repatriation basis respectively apart from maintaining savings NRE/NRO account.

NRI to authorize the Bank to debit their SF account under NRE/NRO for transfer of funds to their PIS account as and when required, towards purchase of shares through secondary market and for recovery of Bank charges etc.

Bank will issue Pay Order/Draft in favour of the Broker authorized by NRI, based on the contract note submitted by them to the debit of PIS account.

PNB’s Authorized Branches designated to handle Business under Portfolio Investment Scheme

Punjab National Bank
BO: ECE House (D.No.1120)
28-A, K.G. Marg, Connaught Place
New Delhi – 110 001 (INDIA)
SWIFT: PUNBINBB DCG
Email: pnb.ecedl@ndb.vsnl.net.in
PH.:011-23323357; 011-23730565
FAX: 011-23710118; 23324788
A.D. CODE.:301905-2900009

Punjab National Bank
BO: Brabourne Road (D.No.0100)
18-A, Brabourne Road
Kolkata – 700 001 (INDIA)
SWIFT: PUNBINBB CBR
Email: pnb0100@vsnl.com
PH.:033-22350948: 22352046
22215749: 22341519; 22215753
FAX: 033-22215727
AD CODE: 0300048-1000009

Punjab National Bank
BO:PNB House (D.No.0062)
PNB House, Sir P.M. Road
Fort, Mumbai – 400 001 (INDIA)
SWIFT: PUNBINBB BPF
Email: pnbhouse@vsnl.net
PH.:022-22660328; 22663714
22661262; 22661263
FAX-022-22673797; 22663521
A.D. Code:03006170-6000009