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Punjab National Bank – one of the largest public sector banks in India has credited PLI to its employees. PNB released financial results today i.e., 7 May 2025, and has also credited PLI today. PNB has reported a strong financial performance for the quarter and full financial year ending in March 2025. Net Profit for Q4’FY25 rose to Rs 4,567 crore. Click here to download PNB Financial Results PDF.
Performance Linked Incentive (PLI) scheme was introduced in Public Sector Banks a few years ago. This incentive is paid to bank employees on the basis of bank’s annual Operating Profit or Net Profit. It is optional for private and foreign banks.
- Who will get it?
All employees of the bank will be eligible to receive this incentive in addition to their regular salary. - How is the amount decided?
The amount will be based on a PLI matrix, which calculates the incentive in terms of number of days’ pay (Basic Pay + Dearness Allowance), depending on the bank’s year-on-year (YoY) growth in Operating Profit.
PLI Matrix (YoY Growth in Operating Profit)
| Growth in Operating Profit | Incentive (Days of Pay) |
|---|---|
| Less than 5% | No incentive |
| 5% to 10% | 5 days’ pay |
| >10% to 15% | 10 days’ pay |
| More than 15% | 15 days’ pay |
- The 10-day and 15-day slabs will be paid only if the bank also reports a Net Profit.
- If Operating Profit growth is 5% or more but the bank does not have a Net Profit, only the minimum incentive of 5 days will be paid.
- Effective from: The PLI scheme is applicable from the Financial Year 2020–21.