Punjab National Bank has reported a net profit of Rs.16,904 crore as of 31 March 2026. Amidst the outstanding performance of the Bank, the board has enhanced the facilities offered to employees.
The Bank has increased the amount for SFF facilities and silver jubilee award. Moreover, PNB has decided to absorb Tax on Perquisites. Officers of PNB upto Scale III will also get PLI upto 15 days.
New SFF Limit
| Scale | Current Limit (Rs.) | Revised Limits (Rs.) |
|---|---|---|
| Scale VIII | 6,00,000 + 2 ACs (each up to Rs. 35,000/-) | 7,20,000 |
| Scale VII | 4,80,000 + 2 ACs (each up to Rs. 35,000/-) | 6,00,000 |
| Scale VI | 3,45,000 + 1 AC (each up to Rs. 35,000/-) | 4,30,000 |
| Scale V | 2,90,000 + 1 AC (each up to Rs. 35,000/-) | 3,75,000 |
| Scale IV | 2,60,000 + 1 AC (each up to Rs. 35,000/-) | 3,45,000 |
| Scale III | 2,50,000 | 2,90,000 |
| Scale II | 2,25,000 | 2,60,000 |
| Scale I | 2,00,000 | 2,30,000 |
Silver Jubilee Award
Now, the amount of the Silver Jubilee Award to the Employees of the Bank completing 25 Years of service is increased from ₹10,000/- to ₹25,000/-. The award to be presented in the form of an article like wristwatch, silver salver or any other article of employee’s choice worth ₹25,000/-.
Tax on Perquisites
Bank will continue to bear 100% of TDS liability on perquisite value of interest free loans and loans at concessional rate of interest for FY 2026-2027.
PLI
Based on the performance of the Bank on the parameters and metrics as decided by the Board on which Performance Linked Incentive (PLI) for employees up to Scale III is calculated, the competent authority has approved for payment of 15 days salary (Basic + DA) as Performance Linked Incentive for FY 2025-26 to all the employees up to Scale III.
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