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Do you support the new transfer policy of PNB Bank?

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Punjab National Bank (PNB) has implemented a new Transfer Policy for its officers. According to the new transfer policy, officers will be posted for 3 years in a branch, 6 years in a circle and 9 years in a zone. What you think of this, please provide your vote below. 👇

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Punjab National Bank (PNB) has recently released the new transfer policy in accordance with DFS guidelines. All the points in the policy are accepted by Employees except the clause of transfer on 6 and 9 years. Employees say that this will highly impact their family life and well being. According to employees, in PNB, some circles have a radius of approximately 200 kilometres and this means that after 6 years an employee will be transferred 200-300 kilometres away from his/her home.

Employees receiving medical treatment, Female Staff and other staff whose spouse is working in other organisation will suffer the most.

Frequent relocations may cause stress, requiring employees to adjust to new work environments, management, and local cultures. Employees may face difficulties in maintaining friendships, children’s schooling, and social life due to frequent moves.

Many female employees manage both work and home. Frequent transfers may make it harder to balance responsibilities. Moving to unfamiliar locations, especially rural or high-crime areas, may pose safety issues. If family constraints arise, some female employees may opt for a career break, leading to reduced workforce participation.

If both spouses work in different organizations, one may have to resign or find a transfer, which is not always possible. Long-distance relationships due to transfers can impact family life and mental well-being. Employees planning to buy a house or settle in one city may struggle due to continuous relocations.

Children may need to shift schools frequently, affecting their education and mental well-being. Teenagers, in particular, may struggle with frequent changes in their social circle and environment.

Click here to read DFS guidelines: New Transfer Policy by Government for PSU Banks

66 Comments

  1. Those people commenting sarsactically and supporting the transfer policy have become mentally ill due to Management’s harassment and torture and due to this the affected people are spewing venom and doing dirty politics. This move of the management will only bring the Bank performance down. Why should Bank employees suffer.? Staying close to family is the Basic need of every person. Instead of opposing this mindless transfer policy, few people are supporting transfer policy. Oppose this move.

  2. With work pressure comes mental pressure of leaving family. Expenses increases. If staff is happy there will be progress. If staff is unhappy, the output of work will be affected. Already with the tax burden last 3 months of the year becomes difficult with major deductions. We are earning only to pay taxes with all travelling struggles , etc.

  3. We have a strong base in every circle. This policy will throw out our veterans sitting in circle for past 20 years. This will make our union weak.

  4. The policy impact the professional and social life of individual, the individual has a lot responsibility of home side also be fulfilled by him.
    It is a harassing step by management, never be gain profit. No fruit fill result, without a healthy mind no one can work in banking scenario

  5. I m strongly support the transfer policy since not posted in home circle. This policy will give chance to our employees to avail or work in home circle also. Earlier it was not possible due few people had chocked the vacancy in home circle by not taking promotion and also were enjoying till last breath. This policy has givensome hope to us.

  6. This shows the strategy of management and government for forcing people to take VRS so that the financial burden can be mitigated and eventually leading to privatisation of bank.

  7. I support Such a great policy. MD & CEO has shown the guts to execute historical policy for person those were not supported by their association. Now everyone will have a equal chance to reach their own circle and will be treated equally.

  8. This transfer policy is against bank officers and will also adversely affect business growth of the Bank.

  9. This policy will result in to desaster as almost all employee will be frustrated. Bad policy ……

  10. This policy will result in to desaster as almost all employee will be frustrated. Bad policy …

  11. Strongly oppose as it may be great concern to decline in business growth of bank a d morale of employees

  12. I am a single mother with one single girl child. This policy will make my life a hell. No clause for single parent is there in the new transfer policy. How shall I manage? This is a inhuman policy and unjustified one. Scrape it immediately.

  13. I strongly support this policy. Atlast someone with strong spine took strong decision. Union is urging people to leave group but ask these union heads do u support your members? They blood suck money from every member but only support those who have connections. Shame on you union.

  14. I strongly support this policy. Kudos to our new md sir. Never had vaccancy in chandigarh,jaipur ,patna etc. now people will get opportunity.

  15. Strongly oppose the new policy.
    If some one is posted out his/her circle/zone, its most likely because they have opted for promotion. But if some one is sacrificing his career for family and not opting to be promoted they should be able to remain in their current circle.

  16. Every one knows that it is a transferable job and everybody needs to be transferred after a certain period then why people creating such atmosphere. the person who does not have any link with Neta Ji and management remain wondering away from his/ her home district or home state and Neta ji stayed at one circle/zone/ ho/ state most of his service. this policy is very good and if implemented in true sprit otherwise many policies are just a paper note.

  17. As per my understanding, there are a total of only 34 zones in India. According to the new policy, after completing nine years in a particular zone, an officer must opt for the next zone. For example, Karnataka, Kerala, and Tamil Nadu fall under the Chennai zone. The next nearest zone is Hyderabad. Therefore, an officer from Kerala, Karnataka, or Tamil Nadu must apply to the nearest zone, i.e.,Hyderabad.
    How will this policy impact female officers? How can this be considered a women-friendly!!

  18. We at bob and other banks have been following up this from many years. Whats the issue then. Officers living outside their home zone must also get chance to be at their home.

  19. One may expect that any management policy should be equal to everyone. For PNB, in the entire south India there are only two zones. However in north India, almost every State is having a zone. In particular, in Delhi, Mumbai and Kolkata, there are more than six zones. Leaving all these away, can management do a modification in the policy such as no employee or officer should work in administrative offices not more than two years in their entire service. Then this policy is acceptable.

  20. Really a strong move by CMD as ,most of the officers are enjoying lease accommodation,while sitting at home,and before signing for promotion or joining , it is clearly written that one can be transferred anywhere in India, one should think before applying for promotion .Then Why to fare if we are getting everything , to move out of our comfort zone..

  21. I strongly oppose, not at all friendly for those who sacrifice their carrier growth for looking his / her family or giving time to growing child. New transfer policy must be scraped.

  22. I strongly oppose this policy. Some of the employee like me are in a stage where their maximum need to their old-age parents and teenage children’s for their future as they can’t move their family for some reason. This policy is completely unethical. This should be scrapped immediately. This will not benefit to the Bank.

  23. I support new pnb tranfer policy as I am suffering from one circle from 10 yrs because no vacancies are created in main cities.

  24. I strongly oppose the new transfer policy. It will make life very difficult for working women with kids and elderly parents to take care. They completely depend on us. We have foregone all promotions just to take care of them.

  25. Yes I support this policy because only this policy can give posting near to home to us except some flatters

  26. Every employee have son daughter mother n father but only some are taking care remaing will not get chance to think to return home station hole service . Is the Union will take guarantee….no then at least 6 year is sufficient at the place of zero…good policy

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