# Punjab National Bank (PNB ONE)

> Source: https://docs.barcoder.ai/docs/wallets/pnb-india
> research date 2026-05-30 · extracted at 2026-10-03
> Publisher: Barcoder — encyclopedia of QR, barcode and payment-code standards

Specifications:
- [Punjab National Bank — official](https://pnb.bank.in/)

## Overview

**Punjab National Bank (PNB ONE)** is **India's second-oldest commercial bank since 1894 + India's #2 public-sector bank by assets after SBI** + **Government of India ~73.15% controlling** + **10,189 branches + 11,822 ATMs Mar 2025** + **PNB ONE up to Rs.10 lakh transactions + Rs.2 lakh default limit** + **post-Apr 2020 PNB + Oriental Bank of Commerce + United Bank of India merger** <sup>[1][1], [2][2], [India report](https://docs.barcoder.ai/docs/payments/IN)</sup>. **2025 baseline**: PNB 10,189 branches + 11,822 ATMs Mar 2025 + India's #2 public-sector bank by assets after SBI + Government of India ~73.15% controlling; **PNB ONE is the official mobile banking application of Punjab National Bank that provides access to PNB banking services across all operators + PNB ONE app provides wide range of services + PNB ONE up to Rs.10 lakh transactions + Rs.2 lakh default limit** distinctive Indian state-owned banking + mobile-first banking.

**Distinctive PNB positioning**:
- **India's second-oldest commercial bank since 1894** (Punjab National Bank; NSE: PNB; BSE: 532461)
- **India's #2 public-sector bank by assets after SBI** distinctive Indian state-owned banking ranking
- **Government of India ~73.15% controlling** distinctive Indian state-owned banking ownership
- **10,189 branches + 11,822 ATMs Mar 2025** distinctive Indian state-owned banking branch + ATM network scale
- **PNB ONE up to Rs.10 lakh transactions + Rs.2 lakh default limit** distinctive Indian mobile banking transaction limits
- **Post-Apr 1 2020 PNB + Oriental Bank of Commerce + United Bank of India merger** distinctive Indian state-owned banking consolidation
- **1894 PNB founding in Lahore by Lala Lajpat Rai (Indian independence leader)** distinctive Indian independence-era banking heritage

## History

**May 19 1894 — Punjab National Bank founded in Lahore by Lala Lajpat Rai (Indian independence leader)** distinctive Indian independence-era banking heritage.

**1969 — PNB nationalized by Government of India** as Indian state-owned commercial bank (post-Bank Nationalisation Act 1969).

**Mar 2002 — PNB IPO on NSE + BSE under tickers PNB + 532461** distinctive Indian state-owned banking listings.

**2013 — PNB ONE mobile banking app launch** distinctive Indian mobile banking strategy.

**Apr 1 2020 — PNB + Oriental Bank of Commerce + United Bank of India merger → India's #2 public-sector bank by assets after SBI** distinctive Indian state-owned banking consolidation <sup>[3][3]</sup>.

**Mar 2025 — PNB 10,189 branches + 11,822 ATMs** <sup>[1][1], [2][2]</sup>.

## Ownership & operator

**Operating entity**: **Punjab National Bank** (NSE: PNB; BSE: 532461; Indian state-owned commercial bank since 1894; India's second-oldest commercial bank; Government of India majority controlling).

**Major shareholders**: **Government of India (President of India + Ministry of Finance) ~73.15% controlling + LIC of India + Indian retail + institutional + foreign investors**.

**Regulators**: **RBI (Reserve Bank of India) + SEBI + IRDAI**.

## Technical integration

PNB ONE mobile banking app (iOS + Android; up to Rs.10 lakh transactions + Rs.2 lakh default limit) + PNB USSD (*99*42#) + pnb.bank.in online + PNB 10,189 branches + 11,822 ATMs Mar 2025 + PNB Visa + Mastercard + RuPay cards; UPI (Unified Payments Interface) + IMPS + NEFT + RTGS + Aadhaar Pay; **PNB ONE is the official mobile banking application of Punjab National Bank that provides access to PNB banking services across all operators + PNB ONE app provides wide range of services + PNB ONE up to Rs.10 lakh transactions + Rs.2 lakh default limit** distinctive Indian state-owned banking + mobile-first banking + PNB UPI integration.

## Users & growth

**Mar 2025**: PNB 10,189 branches + 11,822 ATMs.

## Use cases

Indian + international (Hong Kong + UK + Myanmar + Bhutan) retail + private + SME + commercial + corporate + Indian state-owned banking via PNB ONE mobile + PNB USSD + pnb.bank.in online + PNB 10,189 branches + 11,822 ATMs Mar 2025 + Visa/Mastercard/RuPay cards; UPI + IMPS + NEFT + RTGS + Aadhaar Pay.

## Implementations & partners

**Operator**: Punjab National Bank (NSE: PNB; BSE: 532461; Indian state-owned commercial bank since 1894; India's second-oldest commercial bank; Government of India majority controlling); Government of India (President of India + Ministry of Finance) ~73.15% controlling + LIC of India + Indian retail + institutional + foreign investors.

**Major Indian banking + payments competitors**: [SBI YONO (State Bank of India)](https://docs.barcoder.ai/docs/wallets/sbi-yono) (State Bank of India; NSE: SBIN; BSE: 500112; India's #1 commercial bank by assets; Government of India ~57.46% controlling; YONO super-app 60M+ users) + [HDFC Bank App](https://docs.barcoder.ai/docs/wallets/hdfc-bank) (HDFC Bank; NSE: HDFCBANK; BSE: 500180; NYSE: HDB; India's #1 private commercial bank by assets) + [ICICI Bank](https://docs.barcoder.ai/docs/wallets/icici-bank) (ICICI Bank; NSE: ICICIBANK; BSE: 532174; NYSE: IBN; India's #2 private commercial bank by assets; iMobile Pay) + [Axis Bank / Axis Mobile](https://docs.barcoder.ai/docs/wallets/axis-bank) (Axis Bank; NSE: AXISBANK; BSE: 532215; India's #3 private commercial bank by assets) + [Kotak Mahindra Bank / Kotak811](https://docs.barcoder.ai/docs/wallets/kotak-mahindra) (Kotak Mahindra Bank; NSE: KOTAKBANK; BSE: 500247; India's #4 private commercial bank by assets) + [IDFC First Bank](https://docs.barcoder.ai/docs/wallets/idfc-first-bank) (IDFC FIRST Bank; NSE: IDFCFIRSTB; India's challenger commercial bank) + [BharatPe](https://docs.barcoder.ai/docs/wallets/bharatpe) (BharatPe; Indian merchant fintech + Unity Small Finance Bank) + [PhonePe](https://docs.barcoder.ai/docs/wallets/phonepe) (PhonePe; Walmart-Flipkart subsidiary; India's largest UPI payments app) + [Paytm](https://docs.barcoder.ai/docs/wallets/paytm) (Paytm; NSE: PAYTM; BSE: 543396; Indian payments super-app) + [Google Pay](https://docs.barcoder.ai/docs/wallets/google-pay) (Google Pay; India's #2 UPI payments app) + [BHIM](https://docs.barcoder.ai/docs/wallets/bhim) (BHIM; NPCI's official UPI app) + [CRED](https://docs.barcoder.ai/docs/wallets/cred) (CRED; Indian credit card management + payments super-app).

**Regulators**: RBI + SEBI + IRDAI.

## Fun facts

- **India's second-oldest commercial bank since 1894** (Punjab National Bank; NSE: PNB; BSE: 532461).
- **India's #2 public-sector bank by assets after SBI** distinctive Indian state-owned banking ranking.
- **Government of India ~73.15% controlling** distinctive Indian state-owned banking ownership.
- **10,189 branches + 11,822 ATMs Mar 2025** distinctive Indian state-owned banking branch + ATM network scale.
- **PNB ONE up to Rs.10 lakh transactions + Rs.2 lakh default limit** distinctive Indian mobile banking transaction limits.
- **Post-Apr 1 2020 PNB + Oriental Bank of Commerce + United Bank of India merger** distinctive Indian state-owned banking consolidation.
- **1894 PNB founding in Lahore by Lala Lajpat Rai (Indian independence leader)** distinctive Indian independence-era banking heritage.

## Comparison

| Feature | PNB | [SBI YONO (State Bank of India)](https://docs.barcoder.ai/docs/wallets/sbi-yono) (State Bank of India rival; India's #1 commercial bank by assets) | [HDFC Bank App](https://docs.barcoder.ai/docs/wallets/hdfc-bank) (HDFC Bank rival; India's #1 private commercial bank by assets) | [ICICI Bank](https://docs.barcoder.ai/docs/wallets/icici-bank) (ICICI Bank rival; India's #2 private commercial bank by assets) | [Axis Bank / Axis Mobile](https://docs.barcoder.ai/docs/wallets/axis-bank) (Axis Bank rival; India's #3 private commercial bank by assets) |
|---|---|---|---|---|---|
| Operator | **Punjab National Bank (NSE: PNB; BSE: 532461; Indian state-owned commercial bank since 1894; India's second-oldest commercial bank; Government of India majority controlling)** | State Bank of India (NSE: SBIN; BSE: 500112; India's #1 commercial bank by assets; Government of India ~57.46% controlling) | HDFC Bank (NSE: HDFCBANK; BSE: 500180; NYSE: HDB; India's #1 private commercial bank by assets) | ICICI Bank (NSE: ICICIBANK; BSE: 532174; NYSE: IBN; India's #2 private commercial bank by assets) | Axis Bank (NSE: AXISBANK; BSE: 532215; India's #3 private commercial bank by assets) |
| Type | **India's second-oldest commercial bank since 1894 + India's #2 public-sector bank by assets after SBI + Government of India ~73.15% controlling + 10,189 branches + 11,822 ATMs Mar 2025 + PNB ONE up to Rs.10 lakh transactions + Rs.2 lakh default limit + post-Apr 1 2020 PNB + OBC + United Bank of India merger** | India's #1 commercial bank by assets + Government of India ~57.46% controlling + YONO super-app 60M+ users | India's #1 private commercial bank by assets | India's #2 private commercial bank by assets + iMobile Pay | India's #3 private commercial bank by assets |
| Country | IN + HK + GB + MM + BT | IN + 35 countries | IN + 17 countries | IN + 19 countries | IN + 8 countries |
| Distinctive | **May 19 1894 Punjab National Bank founding in Lahore by Lala Lajpat Rai (Indian independence leader); 1969 PNB nationalized by Government of India (post-Bank Nationalisation Act 1969); Mar 2002 PNB IPO on NSE + BSE under tickers PNB + 532461; 2013 PNB ONE mobile banking app launch; Apr 1 2020 PNB + Oriental Bank of Commerce + United Bank of India merger → India's #2 public-sector bank by assets after SBI; Mar 2025 10,189 branches + 11,822 ATMs** | 1806 SBI founding heritage (oldest Indian commercial bank) | 1994 HDFC Bank founding | 1994 ICICI Bank founding | 1993 Axis Bank founding |

## Status

**Active, India's second-oldest commercial bank since 1894 + India's #2 public-sector bank by assets after SBI + Government of India ~73.15% controlling + 10,189 branches + 11,822 ATMs Mar 2025 + post-Apr 1 2020 PNB + Oriental Bank of Commerce + United Bank of India merger** <sup>[1][1], [2][2], [3][3]</sup>:
- **Punjab National Bank (NSE: PNB; BSE: 532461; Indian state-owned commercial bank since 1894; India's second-oldest commercial bank; Government of India majority controlling)** since May 19 1894 Punjab National Bank founding in Lahore by Lala Lajpat Rai (Indian independence leader) + 1969 PNB nationalized by Government of India + Mar 2002 PNB IPO on NSE + BSE under tickers PNB + 532461 + 2013 PNB ONE mobile banking app launch + Apr 1 2020 PNB + Oriental Bank of Commerce + United Bank of India merger → India's #2 public-sector bank by assets after SBI.
- **PNB 10,189 branches + 11,822 ATMs Mar 2025**.
- **PNB ONE up to Rs.10 lakh transactions + Rs.2 lakh default limit**.
- **RBI + SEBI + IRDAI regulated**.

## Sources

[1]: https://pnb.bank.in/ "Personal Banking | Corporate Banking | Netbanking Services| Bank | PNB"
[2]: https://www.wishfin.com/banking/pnb-mobile-banking-9566/ "PNB Mobile Banking - Types, Registration, Login Process, Limit — Wishfin"
[3]: https://en.wikipedia.org/wiki/Punjab_National_Bank "Punjab National Bank — Wikipedia"
[in-cro]: https://docs.barcoder.ai/docs/payments/IN

- [1] [Personal Banking | Corporate Banking | Netbanking Services| Bank | PNB][1]
- [2] [PNB Mobile Banking - Types, Registration, Login Process, Limit — Wishfin][2]
- [3] [Punjab National Bank — Wikipedia][3]
- <sup>[India report](https://docs.barcoder.ai/docs/payments/IN)</sup> In-corpus: `reports/countries/IN-india.md`

## Source

Biography extracted from [pnb-india.md](https://docs.barcoder.ai/source/wallets/pnb-india). See `matrix.md` for standards-support matrix if present.