PNB Housing Offers the Finance Protsahan Scholarship to deserving and meritorious students who are pursuing their first year of BE/BTech studies. The scholarship aims to provide financial support to the students and the amount of the scholarship can be up to Rs. 40,000.
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About the Punjab National Bank (PNB)
Punjab National Bank (abbreviated as PNB) is an Indian public sector bank based in New Delhi. The bank was founded in May 1893 and is the second-largest public sector bank in India in terms of its business volumes and the second-largest in terms of its network. The bank has over 180 million customers, 12,248 branches, and 13,000+ ATMs.
PNB has a banking subsidiary in the UK (PNB International Bank, with seven branches in the UK), as well as branches in Hong Kong, Kowloon, Dubai, and Kabul.
It has representative offices in Almaty (Kazakhstan), Dubai (United Arab Emirates), Shanghai (China), Oslo (Norway), and Sydney (Australia). In Bhutan, it owns 51% of Druk PNB Bank, which has five branches. In Nepal, PNB owns 20% of Everest Bank, which has 122 branches. PNB also owns 41.64% of JSC (SB) PNB Bank in Kazakhstan, which has four branches.
Punjab National Bank is a PSU working under the government of India regulated by the Reserve Bank of India Act, 1934 and the Banking Regulation Act, 1949. It was registered on 19 May 1894 under the Indian Companies Act, with its office in Anarkali Bazaar, in pre-independent India (present-day Pakistan).
The founding board was drawn from different parts of India professing different faiths and of varying backgrounds, with the common objective of creating a truly national bank that would further the economic interest of the country. PNB’s founders included several leaders of the Swadeshi movement such as Dyal Singh Majithia and Lala Harkishen Lal, Lala Lalchand, Kali Prosanna Roy, E. C. Jessawala, Prabhu Dayal, Bakshi Jaishi Ram, and Lala Dholan Dass. Lala Lajpat Rai was actively associated with the management of the Bank in its early years. The board first met on 23 May 1894. The bank opened for business on 12 April 1895 in Lahore.
PNB is the first Indian bank to have been started solely with Indian capital that survives to the present earlier Oudh Commercial Bank was established in 1881 but failed in 1958.
Mahatma Gandhi, Jawaharlal Nehru, Lal Bahadur Shastri, Indira Gandhi, and the Jalianwala Bagh Committee have held PNB accounts.
Description Of PNB Housing
In FY 2019-20, the PNB Housing Finance Limited established the Pehel Foundation. It is the medium to implement and strengthen CSR programs. It symbolizes PNB HF’s continuous attempt initiative towards ensure the growth and welfare of underserved sections of society. PNB HF’s overarching aim is maximizing reach to improve more and more lives and partnered with Tata Institute of Social Sciences(TISS).
Eligibility Criteria
Qualification criteria: Minimum 60% in Class 10, Minimum 60% in Class 12, Minimum 60% in Diploma,
Course Details :
Course Level: Under Graduate
1) Course Name: B.E./B.Tech. (BE/BTech)
Gender: All Gender
The scheme is available to only students whose family income is less than 300000.00
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Financial Year
2023-2024
Scholarship Amount (INR)
Max. Upto 40000.00
Start Date From – 01/09/2023
Valid Upto – 30/09/2023
Term & Conditions
Hereby, I confirm that the funds provided towards my education by the Pehel Foundation under their CSR expenditure will be used for education purposes only. All the information provided above is true to the best of my knowledge.
Certificate Instruction
Documents Required–
1) Applicant Photo
2) Proof of Identity
3) Proof of Address
4) Proof of Income letter from the nearest Government authority. (i.e. Tehsildar, Gram Panchayat, Local Corporator, etc.)
5) Student Bank passbook/Kiosk
6) Last academic year mark sheet
7) Current year fee receipts
8) Admission Letter
9) Bona fide certificate (Need to Download from Scheme question only)
10) Latest College Marksheets (Except for first-year students)
All documents uploaded shall be clear and must be in a .jpeg .png file only
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How To Apply?
If you are an Interested Candidate You can apply For the PNB Housing Finance Protsahan Scholarship Website Link Click Here
Q1. What is the PNB Housing Finance Protsahan Scholarship?
The PNB Housing Finance Protsahan Scholarship is a scholarship for students pursuing a BE/BTech degree. It is sponsored by PNB Housing Finance Limited.
Q2.Who is eligible for the PNB Housing Finance Protsahan Scholarship?
They must be studying for a BE/BTech degree.
Q3.How much is the PNB Housing Finance Protsahan Scholarship worth?
The scholarship is worth up to Rs. 40K
