PNB introduces personal loan in 4 clicks and single OTP

Punjab National Bank (PNB), the nation’s leading public sector bank introduces ‘Pre-Approved Personal Loan in 4 Clicks and Single OTP ’ on the mobile Banking App PNB One, which unifies multiple services of PNB on a single platform. Customers can now get personal loans with just four clicks and a single one-time password (OTP). The end-to-end digital journey takes less than a minute with instant disbursal in the account.

The 247365 end-to-end digital services will offer customers a seamless and convenient experience i.e. customers no longer need to visit the branch as they can do it from the comfort of their home, office, or anywhere anytime.

‘Pre-Approved Personal Loan in 4 Clicks and Single OTP ’was launched by Shri Atul Kumar Goel, MD & CEO of PNB, at the Bank’s head office in New Delhi, in the presence of Executive Directors Shri Sanjay Kumar, Shri Vijay Dube, and Shri Kalyan Kumar, CGMs, senior officials and other bank staff.

At the event, Shri Atul Kumar Goel, MD & CEO of PNB, said: “Having understood the opportunity due to the growing demand for digital loans due to busy schedules amongst the current generation, we are delighted to offer the Pre-Approved Personal Loans to our customers through our digital channels. In addition to providing access to instant credit, there is no hassle of documentation for loans up to ₹4 lakh. PNB hopes that this product will serve as an example of responsible digital lending for the banking industry and prove to be one of the best products in the retail sector.”