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Punjab & Sind Bank

3.3
based on 144 Reviews

Working at Punjab & Sind Bank

Company Summary

Punjab & Sind Bank, founded to uplift economically weaker sections, remains committed to social responsibility and enhancing lives through banking services.

Overall Rating

3.3/5
based on 144 reviews
highly rated categories
13% below
industry average
highly rated categories
Highly rated for

Job security

highly rated categories
Critically rated for

Work-life balance, Work satisfaction, Company culture

Work Policy
Work from office
Work from office
94% employees reported
Alternate Saturday off
Alternate Saturday off
42% employees reported
Strict timing
Strict timing
64% employees reported
No travel
No travel
39% employees reported
View detailed work policy
Top Employees Benefits
Job/Soft skill training
Job/Soft skill training
11 employees reported
Health insurance
Health insurance
7 employees reported
Professional degree assistance
Professional degree assistance
3 employees reported
Office cab/shuttle
Office cab/shuttle
3 employees reported
View all benefits

About Punjab & Sind Bank

Founded in1908 (117 yrs old)
India Employee Count5k-10k
Global Employee Count5k-10k
India HeadquartersNew Delhi, India
Office Locations
--
Websitepsbindia.com
Primary Industry
Other Industries
--
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It was in the year 1908, when a humble idea to uplift the poorest of poor of the land culminated in the birth of Punjab & Sind Bank with the far-sighted vision of luminaries like Bhai Vir Singh, Sir Sunder Singh Majitha and Sardar Tarlochan Singh. They enjoyed the highest respect with the people of Punjab.The bank was founded on the principle of social commitment to help the weaker section of the society in their economic endeavours to raise their standard of life. Decades have gone by, even today Punjab & Sind Bank stands committed to honor the social commitments of the founding fathers.
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Punjab & Sind Bank Ratings

based on 144 reviews

Overall Rating

3.3/5
How AmbitionBox ratings work?
5
60
4
33
3
20
2
11
1
20

Category Ratings

4.1

Job security

3.5

Salary

3.3

Promotions

3.2

Skill development

3.0

Company culture

3.0

Work satisfaction

2.9

Work-life balance

Punjab & Sind Bank is rated 3.3 out of 5 stars on AmbitionBox, based on 144 company reviews.This rating reflects an average employee experience, indicating moderate satisfaction with the company’s work culture, benefits, and career growth opportunities. AmbitionBox gathers authentic employee reviews and ratings, making it a trusted platform for job seekers and employees in India.
Read more
Gender Based Ratings at Punjab & Sind Bank
based on 130 reviews
2.4
Rated by 29 Women
Rated 3.5 for Job security and 2.7 for Salary
3.8
Rated by 101 Men
Rated 4.4 for Job security and 4.0 for Salary

Work Policy at Punjab & Sind Bank

based on 16 reviews in last 6 months
Work from office
94%
Permanent work from home
6%

Punjab & Sind Bank Reviews

Top mentions in Punjab & Sind Bank Reviews

+ 5 more

Compare Punjab & Sind Bank with Similar Companies

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Overall Rating
3.3/5
based on 144 reviews
3.6/5
based on 1.7k reviews
3.4/5
based on 375 reviews
3.4/5
based on 1.2k reviews
Highly Rated for
Job security
Job security
Job security
Job security
Critically Rated for
Work-life balance
Company culture
Work satisfaction
Promotions
Company culture
Work satisfaction
Work-life balance
Company culture
Work satisfaction
Work-life balance
Company culture
Work satisfaction
Primary Work Policy
Work from office
94% employees reported
Work from office
82% employees reported
Work from office
92% employees reported
Work from office
97% employees reported
Rating by Women Employees
2.4
Poor
rated by 29 women
3.4
Average
rated by 340 women
3.1
Average
rated by 63 women
3.5
Good
rated by 218 women
Rating by Men Employees
3.8
Good
rated by 101 men
3.6
Good
rated by 1.2k men
3.4
Average
rated by 271 men
3.4
Average
rated by 844 men
Job security
4.1
Good
4.0
Good
4.1
Good
4.2
Good
View more

Punjab & Sind Bank Salaries

Punjab & Sind Bank salaries have received with an average score of 3.5 out of 5 by 144 employees.

Chief Manager

(29 salaries)
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₹18 L/yr - ₹32 L/yr

Officer

(22 salaries)
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₹6 L/yr - ₹15 L/yr

Branch Manager

(21 salaries)
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₹7.5 L/yr - ₹17 L/yr

Chartered Accountant

(9 salaries)
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₹7 L/yr - ₹12 L/yr

Bank Manager

(8 salaries)
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₹7 L/yr - ₹18 L/yr

Probationary Officer

(5 salaries)
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₹4 L/yr - ₹10.1 L/yr

Officer Grade 1

(5 salaries)
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₹8.8 L/yr - ₹18 L/yr

Branch Head

(5 salaries)
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₹10 L/yr - ₹17 L/yr

Clerk

(5 salaries)
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₹2.2 L/yr - ₹5 L/yr

Credit Officer

(5 salaries)
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₹7.5 L/yr - ₹19.2 L/yr

Punjab & Sind Bank News

View all

PSB stocks will attract investors, despite volatile markets

HinduBusinessLine | 27 Feb, 2025
PSB stocks will attract investors, despite volatile markets

Punjab & Sind Bank to launch cash-flow based digital MSME loan offering by month-end

HinduBusinessLine | 16 Jan, 2025
Punjab & Sind Bank to launch cash-flow based digital MSME loan offering by month-end

Six Stocks In News At Noon: L&T Tech, RVNL, PNB, Trent And More

Bloomberg Quint | 16 Jan, 2025
Six Stocks In News At Noon: L&T Tech, RVNL, PNB, Trent And More

Punjab & Sind Bank Share Price Surges Over 12% As Q3 Profit Doubles

Bloomberg Quint | 16 Jan, 2025
Punjab & Sind Bank Share Price Surges Over 12% As Q3 Profit Doubles

Stocks To Watch Today: HDFC Life Insurance, GAIL, LTTS, Swiggy, RVNL And Azad Engineering

Bloomberg Quint | 16 Jan, 2025
Stocks To Watch Today: HDFC Life Insurance, GAIL, LTTS, Swiggy, RVNL And Azad Engineering

PSU Bank Stocks Spike On News Of Government Mulling QIP To Dilute Stake

Bloomberg Quint | 14 Jan, 2025
PSU Bank Stocks Spike On News Of Government Mulling QIP To Dilute Stake

Punjab & Sind Bank rejects Supertech Township Projects’ settlement proposal; NCLAT to decide on insolvency

HinduBusinessLine | 11 Jan, 2025
Punjab & Sind Bank rejects Supertech Township Projects’ settlement proposal; NCLAT to decide on insolvency

Punjab And Sind Bank Raises Rs 3,000 Crore Through Maiden Infrastructure Bond Issuance

Bloomberg Quint | 18 Dec, 2024
Punjab And Sind Bank Raises Rs 3,000 Crore Through Maiden Infrastructure Bond Issuance

Punjab & Sind Bank Plans To Raise Rs 3,000 Crore Via Maiden Infrastructure Bonds This Month

Bloomberg Quint | 12 Dec, 2024
Punjab & Sind Bank Plans To Raise Rs 3,000 Crore Via Maiden Infrastructure Bonds This Month

Government plans minority stake sale in 4 PSU banks, source says

HinduBusinessLine | 19 Nov, 2024
Government plans minority stake sale in 4 PSU banks, source says
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Punjab & Sind Bank FAQs

When was Punjab & Sind Bank founded?
Punjab & Sind Bank was founded in 1908. The company has been operating for 117 years primarily in the Banking sector.
Where is the Punjab & Sind Bank headquarters located?
Punjab & Sind Bank is headquartered in New Delhi.
How many employees does Punjab & Sind Bank have in India?
Punjab & Sind Bank currently has more than 8,800+ employees in India. BFSI, Investments & Trading department appears to have the highest employee count in Punjab & Sind Bank based on the number of reviews submitted on AmbitionBox.
Does Punjab & Sind Bank have good work-life balance?
Punjab & Sind Bank has a work-life balance rating of 2.9 out of 5 based on 100+ employee reviews on AmbitionBox. 35% employees rated Punjab & Sind Bank 3 or below for work-life balance. This rating reflects a negative sentiment among employees for work-life balance. We encourage you to read Punjab & Sind Bank work-life balance reviews for more details
Is Punjab & Sind Bank good for career growth?
Career growth at Punjab & Sind Bank is rated as moderate, with a promotions and appraisal rating of 3.3. 35% employees rated Punjab & Sind Bank 3 or below, while 65% employees rated it 4 or above on promotions/appraisal. This rating suggests that while some employees view growth opportunities favorably, there is scope for improvement based on employee feedback. We recommend reading Punjab & Sind Bank promotions/appraisals reviews for more detailed insights.
What are the pros and cons of working in Punjab & Sind Bank?
Working at Punjab & Sind Bank comes with several advantages and disadvantages. It is highly rated for job security. However, it is poorly rated for work life balance, work satisfaction and company culture, based on 100+ employee reviews on AmbitionBox.
Punjab & Sind Bank Overview
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