1. DRUK PNB BANK … Your Partner in Growth

2. About Our Bank Establishment 27 jan’10 with 1st Branch at Thimphu
10 Feb’10: Opened Branch at Phuntsholing
Shareholders
PNB-51%
4 Local Promoters-19%
Public- 30%
Management
Board of Directors (Chairman from Local Promoter)
One Director to be appointed from the public
CEO from PNB
Staff Strength: 48

3. Fundamental Roles of Bank
Mobilization of savings fund from individuals, household, business community and the Government….. through various deposit schemes
Channeling savings fund for productive use in different sectors of the economy……..through various loan schemes
To act as efficient conduit for payments system
…….through various mode of remittance

4. Savings Deposit
Dual benefit: Easy liquidity and also earns 5% pa
Account can be opened with minimum of Nu 500/-
Need to maintain Minimum Quarterly Average Balance of Nu 1000
Interest is paid on daily product basis without any restriction on no of withdrawals and without any ceiling on balance in the Account

5. Current Deposit Transaction(check in) account for business purpose
No Interest on this account
Cheque book is issued in this account
Account can be opened by depositing at least Nu 1000/-
Need to maintain minimum Quarterly Average Balance of Nu 5,000/-

6. Fixed Deposit Fixed maturities- 3 months to over 5 years
Suitable for all kinds of depositors-Individual, businesses etc
High return(interest) and easy liquidity
Loan facility up to 90% of the balance at 1% or 2% above the applicable interest rate on the deposit
Premature closure is possible, subject to penalty.

7. Total Salary Freedom A/c
Purpose: To enable employees meet temporary cash requirement by extending OD
Eligibility:
Govt/Corporate/firms…. at least 75% of total employees with minimum participants of 10
Should be permanent employees
OD Amount: Lower of Nu 50,000/- or Net Pay
Repayment: Anytime during the month or in bullet repayment at the time of next salary credit
Other Benefits:

8. Housing Loan
Purpose:
Loan is extended for purchase of plot for building of House up to maximum of Nu 2 million.
Extent of finance:
Construction/Purchase of House/Flat - 75% of the estimated cost of construction subject to repaying capacity
For repairs/renovations- 60% of estimated cost up to maximum of Nu 2 million subject to repaying capacity

9. Education Loan Purpose: For higher studies only
Eligibility: Meritorious students who have gained admission for degree program with minimum of 60% in higher secondary exam
Extent of Finance:
In Bhutan : Up to Maximum of 4 lacs with 0 margin
Out side Bhutan: Up to maximum of 15 lacs with 15% margin
Security: Acceptable collaterals in the form of Immovable property depending on loan amount

10. Education Loan….. continuation
Repayment: 5 years
Commencement of Repayment : Course period + 1 year OR 6 months after getting job, whichever is earlier.
Co-Borrower: Guardian shall be co-borrower and the parents/Guardian’s Income should be sufficient to repay the loan

11. Loan Against Term Deposits
Extent of Finance: Up to 90% of the balance deposit amount plus accumulated interest
Interest:
1% above deposit interest rate if depositor takes the loan
2% above deposit interest rate if third person takes the loan

12. Services Loan Related Remittances
Bank Guarantee (Performance/Bid Bond(EMD)/Security)
Purchase of Bills and Drafts, Cheques etc
Collection of Bills and Drafts, Cheques etc
Remittances
Demand Draft/TT/PO
NEFT(t+1)/RTGS(t+0) through PNB in India
PNB Cheques payable at par at any bank in India
Fund Transfer in Foreign Currencies thru SWIFT

13. Alternate Delivery Channels
ATM
Free Card
Annual fee : 100 per Card per year
For Add On Card: 100 per Card….. Up to 2 Cards
Can be used in all ATMs of PNB Branches in India
Master Card …under process
Internet Banking….. to be introduced
Mobile phone banking…..to be introduced

14. FIXED DEPOSIT INTEREST RATES
For Individual Depositor
SL No
Period of investment(Public)
Interest Rate ( % Per annum) 1.
3 months to less than 1 year
5.00 2.
1 year to less than 3 years
6.00 3.
3 years and above but less than 5 years
7.00 4.
5 years and above
8.00 5.
Premature cancellation penal Interest
1.00

15. FIXED DIPOSIT INTEREST RATES
For Corporate Bodies
S. No
Period of Deposit
Rate of interest (% per annum) 1.
46 days and above but less than 1 year
2.25 2.
I year and above but less than 3 years
3.00 3.
3 years and Above but less than 5 years
4.00 4.
5 years an above but less than 7 years
5.50 5.
7 years and above but less than 10 years
6.00 6.
10 years and above but less than 12 years
7.00
Single bulk Deposit
S. No
Period
Nu.10 million < Nu 50 Million
Nu.50 million and above 1.
46 days ≤1 year
2.50% per annum
2.75% per annum
Premature cancellation: 2% below normal applicable rate

16. Loan Interest rates S. No Purpose of Loan
Rate of Interest (% per annum) 1.
Education Loan
Up to Nu.0.40 million
9.00
Above Nu 0.40 million (Maximum Nu 1.5 mio
11.00 2.
Trade Loan-Primarily Stock Based
Working Capital
Term Loan
14.00 3.
Housing Loan
Construction/ purchase
Renovation of existing house
10.00
12.00 4.
Loan Against bank’s Deposit
To depositor
To third party
1.00 above the applicable rate of interest in deposit
2.00 above the applicable rate of interest in deposit

17. Loan Interest rates 5.
Loan for Service and Tourism Activities
Working Capital
Term Loan
13.00
10.00 6.
Loan Against Shares 7.
Loan to Contractors
Term loan
14.00 8.
Manufacturing / Industrial Loan
12.50
13.50 9.
Personal loan to:
Public
Gov’t/Pvt Employees
15.00
12.00
10.
Personal Loan Scheme for Pensioners
Repayable within 3 years
Repayable 3 years or more but max of 5 yrs

18. Loan Interest rates 11. Financing Property Owners against
Future Lease Rentals
Repayable within 5 years
Repayable in over 5 years
12%
13%
12.
Transport Loan
Term loan
Working Capital
13.00
14.00
13.
Agriculture loan
14.
Small Business and Artisans 15
Vehicle Loan
Repayable in less than 3 years
Repayable in 3 years or more max. of 7 years
11.00
11.50
16.
Export Finance

19. TASHI DELEK