To enhance the financial well-being of Steel Authority of India Limited (SAIL) employees, Punjab National Bank (PNB), a public sector bank, has signed MoU with SAIL. This strategic partnership aims to provide Home Loans, Car Loans, and Education Loans at concessional rates and attractive features to SAIL employees, thereby expanding PNB’s customer base within the steel sector.
The MoU was signed by Sudhir Dalal, General Manager of Business Acquisition & Relationship Management Division (BARM) at PNB; Lavika Jain, General Manager of Finance at SAIL, and Bikram Uppal, General Manager of HR at SAIL. The signing ceremony witnessed the presence of several senior officials from both organizations, including PNB Executive Director Bibhu Prasad Mahapatra, PNB Chief General Manager Sunil Agrawal, PNB General Manager Mohit Dhawan, SAIL Executive Director of Finance Praveen Nigam, and SAIL Executive Director of HR B.S. Popli.
This partnership not only aims to provide financial support to SAIL employees but also strengthens the bond between two of the nation’s prominent institutions. The attractive loan features would enable SAIL employees to fulfill their personal and educational aspirations with greater ease and convenience.
