As you have asked about the scheme for providing overdraft facility to the pensioners by Punjab National Bank (PNB), I am giving you information about it, check below for the details

SCHEME FOR PROVIDING OVERDRAFT FACILITY TO PENSIONERS

Eligibility:
Pensioners who are drawing their pension from our branches provided the conduct of the account is satisfactory.

Exclusions:
ESI pensioners and pensioners who have availed the loan facility against pension under our personal loan to pensioners shall not be eligible for overdraft in the account under the scheme.

Amount of overdraft limit:
Overdraft to the extent of one month net pension i.e., last pension credited in the pensioners account after deductions of all other loan instalments.

Repayment:
The overdraft is to be regularized from the pension payable for the next month.

Overdraft Facility:
A limit equal to the net monthly pension payable to the pensioner is to be set up.
The overdraft limit is to be renewed on yearly basis.