Disclaimer
The following questions have been prepared based on memory-recalled patterns from the last 2–3 years to give staff a glimpse of previous year’s question trends.
An effort has been made to provide answers in line with the Bank’s prevailing guidelines.
In case of any discrepancy or mismatch, the Bank’s official circulars and instructions shall prevail.
1. As per Procurement Policy of our Bank, in the case of procurement of Automobiles only, the ceiling of direct purchase from Government e-Market Place (GeM Portal) will be Rs. 30.00 Lac.
2. Maximum Factoring Limit through TReDS for Existing BBB (including BBB-) Rated Corporate Borrowers will be 5% of annual turnover of latest audited financials or 15% of exposure with our bank or Rs. 10.00 Crore, whichever is lower.
3. WAIVER of appointing ASM – The decision in majority may be defined as any decision agreed by lenders representing 75 per cent by value of total outstanding credit facilities (fund-based as well as non-fund-based) and 60 per cent of lenders by number shall be binding upon all the lenders.
4. The aggregate exposure at any given point of time under transfer of loan exposures for each transferor shall not be more than 20% of their standard assets as per their last audited financials or Rs. 8000.00 Crore, whichever is lower.
5. In case of RAM / Hybrid RAM / PLP, more than one concurrent auditor may be appointed if the number of sanctions is above 1000 accounts during the last FY.
6. Concurrent Auditor to check all transactions entered / posted by the branch staff, irrespective of the amount. However, testing in respect of system-driven transactions is to be done on sample basis, i.e. at least 10% to 20% of the total system-driven transactions.
7. No concurrent auditor, whether internal or external, shall be allowed to continue with a branch/business unit for a period of more than 3 years.
8. As per RBI guidelines, the age limit for retired staff engaged as concurrent auditors may be capped at 75 years. However, the age limit for retired staff engaged as concurrent auditors is capped at 65 years in our Bank.
9. The CA Firm must ensure that the Branch assigned to it must be attended by its authorised person as an auditor on behalf of the Firm daily and timely without any excuse or exception whatsoever. One of the partners (CA) of the CA Firm must also visit the branch at least once a week and have discussions with the Branch Manager on audit-related issues.
10. Remuneration to the External Auditors if branch business is Rs. 85.00 Crore – ₹30,000/- + GST.
11. Retired Officers and Chartered Accountant Firms are being empanelled for concurrent audit. For empanelment, concerned Retired Staff of our own bank must have retired honourably from our bank in Scale III to VI.
12. The total amount of loan assistance under PM Vishwakarma Scheme wherein the beneficiaries can avail the first loan tranche up to Rs. 1.00 Lac for 18 months.
13. The beneficiary should be engaged in the trades concerned on the date of registration and should not have availed loans under similar credit-based schemes of Central Government or State Government for self-employment/business development, e.g. PMEGP, PM SVANidhi, Mudra, in the past 5 years. However, the beneficiaries of MUDRA and SVANidhi who have repaid their loan will be eligible under PM Vishwakarma. This period of 5 years will be calculated from the 5 years.
14. Vishwakarma Loan TAT – 2 weeks.
15. PNB Rakshak Select Limit – 50000/- to 10 lakh.
16. Minimum Income – VISA Signature – 7,50,000/-.
17. MY Property Scheme Income Criteria for other than salaried: Minimum net annual income of Rs. 3,00,000/- per year (for last 3 years).
18. Under Co-Lending Arrangement, which of the loan is exempted – Loan against Bank’s Deposit.
19. In case of UPI-based ASBA Application, the applicant will be eligible up to the threshold limit of Rs. 5.00 Lac.
20. Global deposit of Bank as on 30.09.2025 – 1617080 Cr.
21. In order to ensure completeness and correctness of loss data and also to inculcate risk culture deep down the ladder in the Bank, a committee named as shall be formed at Circle level to identify and evaluate the internal and external factors that could adversely affect the achievement of Bank’s performance, corporate goals, information system, and compliance objective in the HO guideline – Checks on Threats to Reduce Op-risk Losses (CONTROL).
22. Bank may utilize the services of an Internal Auditor or an External Auditor (empanelled CA Firms / empanelled Retired Officials) for concurrent audit of an identified branch/office solely at its own discretion. However, in case of following branches, only Internal Auditors will be assigned for Concurrent Audit: Branches with business above 2500cr as per last financial year.
23. As per RBI guidelines, the scope of work to be entrusted to concurrent auditors, coverage of business/branches, etc., is left to the discretion of the Head of Internal Audit of banks, with the due prior approval of the Audit Committee of the Board of Directors (ACB) of the bank. The earlier stipulation of coverage of minimum 50% of deposits and of advances has been removed.
24. The Internal Risk Ratings for loans above ₹50 crore shall be initiated at ZRMC and approved at IRMD HO.
25. In case of Lending under Consortium / Multiple Banking Arrangements, the fee payable for issuance of Due Diligence Report may be charged @ 0.005 percent of the limit (i.e. Rs. 500/- per Rs. 1 crore) with a maximum ceiling of Rs. 50000/-.
26. Whistle Blower can make a disclosure against any employee of the bank up to level of CGM.
27. Competent authority shall not take notice of the disclosure to the extent that the disclosure seeks to reopen such issue if the protected disclosure is made after the expiry of 7 years from the date on which the action complained against is alleged to have taken place.
28. All reports received in writing or documented along with the result of investigation relating thereto shall be retained by the bank for a period of 7 years from the date of disclosure.
29. The competent authority shall make discreet inquiry within a maximum period of 15 days to ascertain whether there is any basis for proceeding further to investigate the disclosure.
30. The minimum length of password for Internet Banking is alphanumeric 12 characters, and it is mandatory to use one or more special characters in the password.
31. Password for Internet Banking is alphanumeric characters and not including ROMAN NUMERALS.
32. Password should be tough to remember.
33. Password should be told to NO ONE.
34. Quick Transfer facility in Retail IBS allows intra-bank and inter-bank (IMPS) fund transfers up to ₹10,000 (without beneficiary addition) with a limit of 3 transactions per day.
35. Under National Common Mobility Card (PNB RuPay NCMC Debit), in respect of Offline Wallet usage, the balance that can be held in wallet account at any given point of time will be Rs. 2000.00.
36. Validity period of Credit Card shall be up to 7 years.
37. Applicant should be literate enough to read and write in order to be eligible for PNB Credit Cards (All variants).
38. At the request of primary cardholder, maximum two add-on cards can be issued only to spouse, mother, father, major son and major daughter (unmarried) of the primary cardholder.
39. 10% annual growth in the number of Micro Enterprise accounts in terms of the recommendations of the Prime Minister’s Task Force on MSMEs.
40. Non-Deposit taking NBFCs will appoint Internal Ombudsmen if having asset size of Rs. 5000.00 Crore & above and having customer interface.
41. Associate of our bank – PNB Gilts Ltd. PNB Investment Services Ltd.
42. MSME Proposal of Rs. 30.00 Lac TAT – 4 weeks.
43. At present, the list of Suit filed accounts and non-suit filed accounts of Wilful Defaulters for Rs. 25.00 Lac and above is submitted by banks to the Credit Information Companies (CICs) of which they are member(s), who display the same on their respective websites as and when received.
44. RBI has made it mandatory for corporate borrowers having aggregate fund-based and non-fund-based exposure of ₹5 crore and above (introduced in a phased manner) from any bank to obtain Legal Entity Identifier (LEI) registration and capture the same in the Central Repository of Information on Large Credits (CRILC).
45. The cost of each project for procurement of product/services from any empanelled FinTech (including support and maintenance) for a period up to three years shall not exceed Rs. 5.00 Crore.
46. Valuation of such plant & machinery shall be reckoned from Written Down Value (WDV) of P&M from the latest ABS. However, if sanctioning authority feels that the value of plant and machinery is not in commensuration with WDV, sanctioning authority at its discretion may obtain valuation report from a valuer on the Bank’s approved panel.
47. Bank shall provide feature of re-opening of complaints to Customer. An option to “Re-open” the complaint within 15 days from the date of last closure is to be provided in the CGRMS/CRM, if the complainant is not satisfied with the resolution of the complaint.
48. Transfer of loan exposure.
49. Loans up to Rs. 2.00 Lac under PNB Swarnim may be sanctioned to applicants on undertaking basis and copy of land records should not be insisted upon. Holding record and Agri activities is to be obtained.
50. PRE-APPROVED TERM LOAN FACILITY for PNB “MSME PRIME PLUS” Borrower having exposure more than ₹1.00 crore shall be eligible for this facility.
51. Minimum amount of deposit into / withdrawal from currency chest is Rs. 1 lakh, thereafter in multiples of Rs. 50,000/-.
52. PNB Baghban T&C acceptance timeline: 10 days (Time of Rescission).
53. Industry-wise ceiling are fixed as a percentage to Gross Bank’s Exposure of last annual financial result which are as under for Gems and Jewellery – 0.60% (IRMD 33/25).
54. Material subsidiary whose income or net worth exceeds 10% of the consolidated income or net worth respectively.
55. Where the customer is a trust, the identification of beneficial owner(s) shall include identification of the author of the trust, the trustee, the beneficiaries with 10% or more interest in the trust and any other natural person exercising ultimate effective control over the trust through a chain of control or ownership.
56. Who is not a key personnel: Chief Vigilance Officer.
The following are Key Managerial Personnel:
a) Managing Director & Chief Executive Officer.
b) Executive Director(s).
c) Chief Financial Officer.
d) Company Secretary.
57. Fake money can be impounded by: Bank, Treasury, Currency Chest, RBI Office, Post Office.
58. ZSCO can sell IP in loan account of exposure up to 100cr.
59. ETHICS does not contain out of following: 1) Legal Audit.
60. Medium Business Risk + Medium Control Risk = High Risk.
61. As per Sec. 4 of RERA, 70% of the amount realised for the Real Estate Project from the allottees shall be deposited in a separate account to be maintained in a scheduled bank to cover the cost of construction and the cost of the land and shall be used for that purpose. The promoter’s account shall be audited within six months after the end of every financial year.
62. Under KCC maximum credit limit – Need-based credit subject to maximum of ₹10 Crores is to be provided to the farmers.
63. KCC to be financed depending upon scale of finance for respective crops duly approved by the concerned District Level Technical Committee.
64. E-Renewal of KCC up to Rs. 2.00 Lac.
65. Fixation of limit:
- 10% towards post-harvest / household expense / consumption.
- 20% towards farm maintenance.
66. Interest subvention and prompt repayment incentive benefits on short-term crop loans and short-term loans for allied activities like animal husbandry, dairy, fisheries, beekeeping, etc. will be available.
In KCC, score is exempted up to:
- Production credit up to Rs. 3 lakh.
- Investment credit up to Rs. 1 lakh.