CENTURION BANK OF PUNJAB

Centurion Bank of Punjab is a new generation private sector bank offering a wide spectrum of retail, SME and corporate banking products and services. It has been among the earliest banks to offer a technology-enabled customer interface that provides easy access and superior customer service. Centurion Bank of Punjab has a nationwide reach through its network of 249 branches and 402 ATMs. The bank aims to serve all the banking and financial needs of its customers through multiple delivery channels, each of which is supported by state-of-theart technology architecture. Centurion Bank of Punjab was formed by the merger of Centurion Bank and Bank of Punjab, both of which had strong retail franchises in their respective markets. Centurion Bank had a well-managed and growing retail assets business, including leadership positions in two-wheeler loans and commercial vehicle loans, and a strong capital base. Bank of Punjab brings with it a strong retail deposit customer base in North India in addition to a sizable SME and agricultural portfolio. The shares of the bank are listed on the major stock exchanges in India and also on the Luxembourg Stock Exchange. Among Centurion Bank of Punjab's greatest strengths is the fact that it is a professionally managed bank with a globally experienced and capable management team. The day-today operations of the bank are looked after by Mr. Shailendra Bhandari, Managing Director & CEO, assisted by a senior management team, under the overall supervision and control of the Board of Directors. Mr. Rana Talwar is the Chairman of the Board. Some of our major shareholders viz. Sabre Capital, Bank Muscat and Keppel Corporation, Singapore are represented on the Board.

The different products offered by centurion Bank of Punjab they are as follows:

PERSONAL BANKING
I-SAVING BANK ACCOUNT Centurion Bank of Punjab, believe in making life simple. Understand exactly how valuable your time is. Precisely why we've developed a savings bank account with a host of options to take care of our money and ensure that it grows.

Establishing one of India's largest networks of branches among private banks, state-ofthe-art technology combined with perfect banking expertise provides you with the best banking experience. Integrating each branch through satellite technology to implement our innovative services.

Centurion Bank of Punjab meets every requirement. Because when it's for customers, nothing less than the best is good enough. Following are the different saving accounts: Saving Accounts: Universal Access Savings: - by just maintaining an average quarterly balance of Rs. 10,000 in your account. Gold Universal Access Savings: - By just maintaining an average quarterly balance of Rs. 20,000 in your account. Prepaid Savings Bank Account: - unique Savings Bank Account with an annual charge of Rs. 1500/-. The Centurion No-Frills Savings Account Vroom Savings Account: - Minimum balance in savings account of Rs.100/- only. Features of Saving Account: o Anywhere Banking o VANTAGE - 24 Global Debit Card o Internet Banking

o Fast Collection of Cheques o Demand Drafts at 150 Centers o Instant Banker's Cheque o Attractive Deposit Rates o Extended Banking Hours

II-CURRENT ACCOUNT
At Centurion Bank of Punjab, there aims to give business the cutting edge. Using their nationwide network, state-of-the-art technology, and there sprightly attitude, to provide the best banking experience. it have put together one of the largest network of branches among private banks in India to be at arm's reach wherever customers are. It has integrated each branch through satellite technology, to effect transactions in a flash. They have chalked out a wide range of schemes and services, so customers business gets all kind of banking support. At Centurion Bank of Punjab, Thus they designed and tailor-made Current Account schemes to suit customers requirements. Features are: o Anywhere Banking o Multi-City Cheques o Instant Remittances o Fast Collection of Cheques o Quick High-Value Clearing o Cash Delivery / Cash Pick up o Instant Banker's Cheque o Demand Drafts at 150 Centres o Attractive Deposit Rates o Quick Foreign Outward Remittances

III-FIXED DEPOSITS
Following are the fixed deposit accounts: o Proactive Deposit (Auto Renewal) o Monthly Growth Deposit (Recurring Deposit) o N-Cash Deposit (Overdraft Facility) o Extra Saver Deposit (Liquid Deposit) Maturity Period 7 Days to 14 Days 15 Days and upto 30 days 31 Days and upto 45 days 46 Days and upto 90 days 91 days and upto 180 days 181 days and upto 364 days 1 year to 2 years 2 years 3 years 3 years 5 years > 5 years Rates 3.75% 4.25% 4.75% 4.75% 5.75% 6.25% 7.00% 7.00% 7.50% 8.00%

IV-VANTAGE-24 (GLOBAL DEBIT CARD)

1. What is 'VANTAGE-24'? 'VANTAGE-24' is new, powerful Global ATM / DEBIT card which uses the latest technology to give you the power and reach to access customers account from all over India and across the world.

2. Why is it called Debit Card? Customer card is linked to their account. he can use it to withdraw cash from ATMs and pay for his purchases in India and overseas too. his account is automatically debited on

every purchase / withdrawal of cash, which means that he don't have to carry all that cash around 3. Where can he Iuse his 'VANTAGE-24'? Apart from being able to use the 'VANTAGE-24' card at all the ATM's of the Centurion Bank of Punjab's network, across the country. The card can also be used at over 6800 ATM's in India, at over 8, 20,000 ATM's in more than 100 countries worldwide which display the 'Cirrus' Logo, and at over 2800 ATM's in India which display the 'Cashnet ' logo. The card can be used at over 53,000 'Maestro' terminals at Merchant Establishments in India, and at over 8.3 Million 'Maestro' Terminals at Merchants Establishments worldwide display the 'Maestro' logo 4. How do I identify these terminals? All ATMs, including Centurion Bank of Punjab ATM's, which accept the 'VANTAGE24' card will display the 'Cirrus' logo, the 'Cashnet ' logo and all Merchant Establishments where customers card is accepted will display the 'Maestro' logo 5. How much can customer withdraw? In addition to the unrestricted access to his account, he will also enjoy enhanced cash withdrawals and / or paying for your purchases up to Rs. 50000 per day on a Gold 'VANTAGE-24' card and up to Rs. 25000 per day on a Silver 'VANTAGE-24' card. (The limits are subject to available balance in the cardholder's account) 6. Transactions and Charges levied 'VANTAGE-24' allow customers to access his savings or current account at a very nominal charge for transactions on ATMs other than Centurion Bank of Punjab. 7. What if my card is lost or stolen? If card ever gets lost or stolen, customers are protected from fraudulent charges; from the moment customer card is hot listed by the Bank after receiving written communication

from customer regarding the loss/theft of the card along with a copy of FIR lodged with the local police station. 8. How can customer get a 'VANTAGE-24' Card? Any Savings or Current account holder with good financial standing and maintaining his/her account satisfactorily for a specified period will be eligible for a 'VANTAGE-24' card.

V ISA MONEY TRANSFER VI - INTERNET BANKING RETAIL LOANS

I-TWO WHEELER LOANS Finance There is a 95% for chance will motorcycles, qualify for a Two scooters Wheeler Loan.

Eligibility: The Gross Annual Income should be Rs. 42,000/- for Self Employed and for Salaried Rs.54,000/- (Metro) and Rs.42,000 (Non Metro) Incase of 2-wheeler loan following documents are required: Income Proof: Salaried They require latest salary slip

Self Employed For self employed latest IT return ID Proof: This can be in the form of Voters ID, PAN Card and anything approved by the Government. Residence Proof: This consists of Electricity Bill, Water Bill. 1 photograph

The rate of Interest for the 2-Wheeler vehicle is 21% incase of straight line and 11% to 12% incase of reducing balance line. Incase of 2- Wheeler loans the bank provides loans on every 2- wheeler vehicles and the minimum amount which the bank finances is Rs. 10000/- and the maximum amount depends on the amount of the vehicles which the person wants to buy. This loan is mostly for the personal use of the individual and not for any business purposes. The bank also takes the references from the other persons this is just to confirm the financial standing of the person who takes loans. This loan is mostly given for 3 years. Then the payment of the interest is same as that of the other types of loans as stated above. Here they dont take any guarantor as such for the security purpose here the security is the vehicle itself that is if the customer fails to make the payment then the bank takes the vehicles itself and sells them to the interested parties at a much lower prices then the actual amount. The two- Wheelers loans are divided into two parts which are as follows: Small- a tickets Personal loan in which amount of loans a minimum is Rs. 1000. Big tickets loans are minimum amount is Rs. 50000/- and maximum amount is any amount above then the Rs. 50000/-. Here, the Students can also apply for the loan based on the earning of their parents as coborrower. The Bank also offers finance up to 100% of the asset cost. The Person is also getting the Green channel scheme. This scheme is basically useful to the person who is not filling any income tax returns. So, instead of the IT returns the bank takes the following that is as noted below: The person should have their own residence or need to have an established business with a valid Shop Act License. The person is needed to submit 6 months bank statement. The Bank can extend loan between 70% - 80% depending upon the model selection.

II-PERSONAL LOANS Terms of the Loan o Loan Amount o EMI Calculator o Minimum - Rs 50,000/o Maximum - Rs 5,00,000/o Tenure o Minimum - 12 months o Maximum - 48 months o Interest Rates As applicable from time to time o Service Charges Rs.1000 or 2 % of Loan Amount, whichever is higher Eligibility: The Persons who are eligible for this type of loans are basically Salaried Individuals and those persons who are working with category A, B, and C companies or Private firms above than this the Bank also give loans for Self-Employed Persons which in turn are further divided into two i.e. Self Employed Professionals and Non Professionals Self Employed. Incase of Salaried People Following Documents are required: ID Proof: This can be in the form of Voters ID, PAN Card and anything approved by the Government. Residence Proof: This consists of Electricity Bill, Water Bill. 1 photograph Application Letter which serves as a proof that the Person is working in the Particular Company. Income Proof:

 Latest 3 months Salary Slip. If the person is a Government Servant then they get Salary Certificate. 6 months Salary Certificate in which the Salary should be Credited. For Businessman i.e. basically, for the Self Employed Professionals as well as NonProfessionals the above things remains the same in addition they should have the following documents which are as follows: 3 years IT Returns along with the Computation of Income i.e. Balance- Sheet, Profit and loss A/c Registration License of the Firm. Ownership Proof. While deciding the Rate of Interest mostly in the case of Salaried Persons the following factor is taken into consideration by the Bank which is as follows: The Person who is working in the A Category type of Company which is also called as Gold Company then the Rate of Interest is less and incase of any other person other then the person working in the A Category Company his/ her rate of interest is 1 or 2 percent higher then the A Category Company worker. Incase of Self- Employed Persons: The rate of Interest charged for Non- Professionals is higher then the Professionals. The rate of interest for the Personal loan is 22% on flat line basis and if it is on reducing line than the rate of interest varies from 11% to 12%. Incase of Personal loan as the Bank does not ask for any security the rate of Interest is quite high. Age: Minimum entry Age for all categories 21 years Maximum exit Age Salaried - 60 years

 Maximum exit Age Self Employed 65 years Experience: Salaried Employees must be confirmed in the current employment and have a minimum of 1 year Post qualification experience. Self-employed Professionals should have a minimum 3 years of experience. Incase of C.A. minimum 5 years of Practice. Self-employed non-professionals should be at least 3 years into existing business.

In the case of Personal loans Post dated cheques are taken as a Security. For e.g. if the Loan is for 3 years then 7 Cheques are taken as a security.

Residence Proof: Salaried Employee should have owned residence or staying at current residence for 1 year. Self-employed Professionals should have own residence or office (Proof of ownership required at least for 1 year. Self-employed Non-Professionals should have either own house or own office. The bank does not require any guarantor for the security.

Auto Loan:

Eligibility: Salaried, self-employed and companies, including pvt firms The following documentation is required which are as follows: Salaried: Latest 3 months Salary slips showing all deductions and Form 16 of the last FY Self-employed: Copy of the following statements of Income Tax return, Computation of Income, Balance Sheet, Profit & Loss account for last 2 years. ID Proof: This can be in the form of Voters ID, PAN Card and anything approved by the Government. Residence Proof: This consists of Electricity Bill, Water Bill. 1 photograph Residence stability for 2 years. Experience: Salaried employees must be confirmed in current employment & have a minimum of 1 year. Post qualification experience. Self employed minimum 3 years of experience The rate of Interest for the Auto loan is 13% to 14%. Auto loans mainly consists of the Four wheeler vehicles loans they mostly for the personal use of the individual and the minimum amount of the loans finance Rs. 100000/and the maximum amount varies on the amount of the car that is the price of the vehicles which can exceed to the Rs. 5000000/- that is for cars like Mercedes the amount increases. The all formalities regarding the documentation and all remains the same as incase of other types of loans. Auto loans are for 5 years and the payment of interest is same that is mostly monthly installments are required to be paid. In, this case also there is no security or the guarantor the Car itself is the security for the Bank that is if the customers fails to make the payment then the bank takes away the Car from the customer

and the bank also sells the car to another person at a much lower price in the open market this is basically done by the collection department. III-PROPERTY LOANS Centurion Bank of Punjab provides various loan products customized to suit customers requirements. Each of these products revolves around three key benefits - Fast, Easy and Transparent. Property based loans offered: Home Loans Loans for purchase of Commercial property Loans Against Residential and Commercial Property Overdraft Against Property Booking Loans Balance Transfer + Top Up Gold Home Loans for Salaried Individuals at 9% Centurion Bank of Punjab provides both Fixed and Floating rate of interest to its customers. IV-COMMERCIAL VEHICLE LOANS Commercial Vehicle Loans offices Centurion Bank of Punjab offers finance for a wide range of Commercial Vehicles of all manufacturers, be it LCV, MCV or a HCV. Customer can avail upto 100 % finance on the Chassis cost .For Special Purpose Vehicles (SPVs) finance on the Body unit/ Tanker unit could be considered. Customers can avail these speedy and hassle free loans with simple documentation and competitive rates of interest, combined with a speedy turnaround time. All of this absolutely no service charge or processing fee of any kind (excepting Stamp duty charges wherever applicable).

In case of Commercial Vehicles the Bank provides the loans for buying new vehicles as well as the Bank also refinance the existing Vehicles. Commercial Vehicles mostly consists of the Light and heavy commercial vehicles. The Bank mostly finance for the Vehicles of the companys like TATA, Swaraj Mazada and force which are mostly tempo, travelers and also buses. The Bank finances the loans to the extent of 85% of the loan amount and also the bank also takes 25% of the loan amount as down payment. Incase of Commercial vehicles banks maintains Credit approval memorandum in which Personal details of the customers is maintained. To get Customers for their loans the bank has tied up with certain persons which are known as agents. Categories of the Commercial Vehicles are as follows: 5 Vehicles are small holders loans. Between 10 to 15 they are Medium holders loans. 15 and above they are large holders of loans

The following documentation is required by Customers if they want to apply for the loan: Individuals/ Proprietorship Firms: Balance sheet and profit & loss account duly certified / attested by Chartered Accountant for last 2 years. Copies of Income tax return and computation of income tax for the last 2 years. Copy of work orders / contracts. Signature verification from bank. Proof of address / residence. Telephone numbers of office / residence.

Partnership Firms: Balance sheet and profit & loss account duly certified / attested by Chartered Accountant for the last 2 years. Copy of work orders / contracts. Copy of partnership deed. Authority letter to sign the agreement on behalf of the firm. Private / Public Limited Companies: Balance sheet and profit & loss account duly certified / attested by Chartered Accountant for last 2 years. Memorandum and Articles of Association. Copy of work orders / contracts. Board resolution. Incase of Commercial Vehicles there is a Guarantor who should be mostly the family members of the person who takes the loan. The Person if still fails to pay the loan amount then the company takes the vehicles and resale them at a lower price to any person who is ready to purchase the Vehicle. Incase, the loan is taken to purchase the new vehicle then the rate of interest is somewhere around 14% and if it is taken to finance the existing vehicle then it is on and around 15% of the loan amount and the payment is monthly installment i.e. if the loan is taken for 1 year then the person who has taken the loan has to pay the rate of interest at the end of the every month. Construction Equipment Loan: Commercial Equipments mostly consist of Cranes and all. The Bank finances the loans to the extent of 85% of the loan amount and also the bank also takes 25% of the loan amount as down payment. Incase of Commercial equipments banks Credit approval memorandum in which Personal details of the customers is maintained. To get Customers for their loans the bank has tied up with certain persons which are known as agents. The rate of interest charged by the Bank on Construction equipment Loan is 14% of the loan amount.

Documentation Individuals/ Proprietorship Firms: Balance sheet and profit & loss account duly certified / attested by Chartered Accountant for last 2 years. Copies of Income tax return and computation of income tax for the last 2 years. Copy of work orders / contracts. Signature verification from bank. Proof of address / residence. Telephone numbers of office / residence.

Partnership Firms: Balance sheet and profit & loss account duly certified / attested by Chartered Accountant for the last 2 years. Copy of work orders / contracts. Copy of partnership deed. Authority letter to sign the agreement on behalf of the firm. Private / Public Limited Companies: Balance sheet and profit & loss account duly certified / attested by Chartered Accountant for last 2 years. Memorandum and Articles of Association. Copy of work orders / contracts. Board resolution. Incase of Commercial Equipments there is a Guarantor who should be mostly the family members of the person who takes the loan. V - EDUCATION LOANS The high cost of education in premier institution need no longer stand between student and there career aspirations. While plan loans for education in world class universities, Education Loan will take care of all expenses from accommodation and tuition fees to purchasing computers. Easily affordable terms and quick hassle free processing

repayment

on

monthly

installments.

WEALTH MANAGEMENT I-Insurance Centurion Bank of Punjab has bancassurance partnerships with Aviva for Life Insurance & with ICICI Lombard for Non-life insurance. With bancassurance partners, customer can avail of the services of trained & certified professional consultants, who can guide customer in ascertaining insurance needs, and assist customer in making an insurance plan that is just right for them. Choose from a plethora of diversified plans that help customers take care of varies needs like risk protection, family health, children education, children marriage, Vehicle insurance etc II-Mutual funds A Mutual fund is an organization that invests in a diversified portfolio of financial securities on behalf of a pool of subscribers to its schemes. These securities can be in the form of equity, debt instruments, money market instruments etc., or a mix of these securities, depending on the scheme objectives. Why is it such a good idea to invest in Mutual Funds? (With Centurion Bank of Punjab) Diversification: Mutual Funds invest their corpus in diversified portfolios which reduces the risk contained in the investment. This also means that investor can invest a small sum of Rs.5000/- and still be a part of a portfolio where the market value of single scrip might be much more than the total investment. Research: These mutual funds perform an extensive research of the company before making an investment decision giving customer the benefit of expert advice. Liquidity: These funds are extremely liquid; some of them even have features like acrossthe-counter redemption. This feature is especially useful at times when the market is rising or falling.

Professionally Managed: These funds are managed by professionals who have the required expertise in buying and selling stocks. As a result they make better decisions on entering and exiting a particular stock, which is very crucial for the overall performance of a portfolio. Moreover, mutual fund investment also rids the investor of maintaining records, eliminates hassles with the broker for payment, delivery and other arduous back office tasks. Savings on transaction costs: As purchases and sales are done in bigger quantities, the funds also get the advantages of lesser brokerage and other reduced transaction costs. Tax Advantages: In India these funds become even more attractive because of the tax advantages, like indexation benefits , long term capital gains tax , tax free dividends and much more. Why should one invest in Mutual Funds through Centurion Bank? Bank work towards building an Investment Culture: It would be banks constant endeavor to inculcate saving and organized investing habits in customer. bank will help customers to plan there investments and build a healthy mutual fund portfolio, which would be an optimal solution for there needs. Cultivating an investment culture will not only help them but also there family. CORPORATE BANKING The products cater to clients across each of the following segments: 1. Small Proprietory and partnership concerns with annual sales turnover up to Rs. 15 crores 2. Medium Business Entities with annual sales turnover ranging from above Rs. 15 crores and up to Rs. 100 crores

3. Emerging Business Entities with annual sales turnover ranging from above Rs. 100 crores and up to Rs.500 crores FOREX Centurion Bank of Punjab offers a one-stop shop for a traveller's foreign exchange needs. bank have dedicated foreign exchange staff that is drawn from the very best in the industry and specially trained to offer highest standards in service. Many branches of the Bank offer dedicated forex bureaus that offer travel related foreign exchange services from special counters that offer service beyond banking hours. These forex bureaus also offer door delivery of foreign exchange to corporates and other specified customers. NRI SERVICES I-FOREIGN CURRENCY DEPOSITS Foreign Currency Non-Resident Account (FCNR) Term Deposits account can be maintained in US Dollars, Pounds Sterling, Euro,Australian Dollars,Canadian Dollars,Japanese Yen (min 1 year) No exchange loss, as interest and principal are payable in permitted foreign currency Deposits can be made by remittances from abroad or by transfer of funds held in existing NRE accounts Accounts Loans can be opened jointly with other Non-resident are Indians available

against

deposits

Nomination Facility Resident Foreign Currency (RFC)

For NRIs returning to India for permanent Account Transfer can of be opened jointly with NRE any other of Non-resident different Indian persons.

Funds

between

accounts

Withdrawals for payments abroad, in any convertible currency are allowed without Reserve Instant Demand Bank Drafts/ Outward of Remittances lndia's in various approval. currencies.

Access your account anywhere in India at any of our branches Non-Resident Ordinary (NRO) These accounts are for Non-resident Indians who need an account to credit local dues like rent from property etc. Accounts can be opened by: Remittances from abroad. Transfer from existing NRE / FCNR accounts from any bank. Deposit of foreign exchange brought into India, during visits to India. Funds from local source representing bonafide transaction in rupees. The funds held in this account are repatriable subject to payment of TDS as per IT Act. The account can be opened jointly with other Non-resident Indians/ Residents in India.

III-TERM DEPOSITS Non-Resident External (NRE) These are term deposit accounts which can be opened by Non-resident Indians / Persons of Indian origin. Accounts can be opened by: Remittances from abroad. Transfer from existing NRE / FCNR accounts from any bank. Deposit of foreign exchange brought into India, during visits to India Accounts can also be operated by Appointed Residents through a power of attorney/letter of authority. Account can be opened jointly with any other Non-resident Indian Loans against deposits are available.

CASH MANAGEMENT CASH AND TRANSACTION SERVICES CENTURION BANK OF PUNJAB offers Cash management Services under the name "'Cash & Transaction Services'' (CATS) a service specially designed to suit customers every business need, whether it is for Cheque collection or making payments at various locations. This service is fully supported by a framework of V-Sat and leased line connectivity with all our countrywide network of branches and through specific inter-linkages with carefully selected correspondent banks. Presently bank have 240 branches covering 112 locations and a correspondent bank tie-up with 14 major banks covering more than 3000 locations for collections and 700 locations for payments..

SENIOR CITIZENS Centurion Bank of Punjab presents all resident individuals above the age of 60 years unique Term Deposit schemes for their benefits. These Term deposit schemes offer an opportunity to earn extra interest (as compared to the interest offered to a normal fixed deposit in the bank). This higher rate of interest is applicable to: Term Deposit Reinvestment Deposit Monthly Growth Deposits (Recurring Deposits) Extra Saver Deposits (Liquid Deposits).

Maturity Period 7 Days to 14 Days 15 Days and upto 30 days 31 Days and upto 45 days 46 Days and upto 90 days 91 days and upto 180 days 181 days and upto 364 days 1 year to 2 years 2 years 3 years 3 years 5 years > 5 years

Rates 4.25% 4.75% 5.25% 5.25% 6.50% 7.00% 7.75% 7.75% 8.25% 8.75%

Services: IPO Buzz:-

Online Broking: - Centurion Bank of Punjab in alliance with IL&FS Investsmart brings to you E-broking Services - Online and Offline. This alliance will offer you seamless stock trading due to electronic linkages of trading account, your banking account and demat account with high security online features. As a Centurion Bank of Punjab customer, you'll get an array of customized online trading products offered by IL&FS Invest smart. You will be empowered with real-time streaming quotes, charts, alerts, portfolio, etc. SmartInvest: SmartInvest is a browser-based system designed for customers who transact occasionally. It is ideal for investors who believe in the Buy and Hold approach towards investment in equities. SmartInvest's capability as a browser-based trading platform gives you the benefit of real-time streaming data with the flexibility of trading on any Internet capable system. With access to both the NSE & BSE, you are in the driver's seat when routing your order to the best price on either of the exchanges. SmartInvest's sophisticated yet easy to use point and click order entry interface allows you to react more quickly to the markets and make better decisions. Smart Trade: SmartTrade is an EXE based desktop software designed for active traders/day traders who transact frequently to capture favorable short-term price movements. The platform offers active traders the tools they need to make critical decisions with confidence. SmartTrade is designed and built from the ground up to address the needs of active traders. SmartTrade makes the most of state-of the-art technology to deliver power, speed and reliability. Through an easy-to-use interface, users are provided with the same tools and advantages that the professionals enjoy.

Tariff: Account Opening Fee: SMART INVEST: Rs 500/ SMART TRADE: Rs 1000/ Monthly Access Charges: SMART INVEST: NIL SMART TRADE: Rs. 500/- per month, to be debited at the start of the month. The access charges or Rs. 500/- will be refunded to the client if his brokerage is in excess of Rs. 1,000/- in a month. RBI relief bond:- The Bonds may be held by An individual In his or her individual capacity. In individual capacity on joint basis In joint capacity on anyone or survivor basis On behalf of a minor as father/mother/legal guardian A Hindu Undivided Family. 'Charitable Institution' to mean a Company registered under Section 25 of the Indian Companies Act 1956. An institution which has obtained a Certificate of Registration as a charitable institution in accordance with a law in force. Any institution which has obtained a certificate from Income Tax Authority for the purposes of Section 80G of the Income Tax Act, 1961. "University" means a university established or incorporated by a Central, State or Provincial Act, and includes an institution declared under section 3 of the University Grants Commission Act, 1956 (3 of 1956), to be a university for the purposes of that Act.

Limit There will be no

of maximum limit for

Investment investment in the Bonds.

Tax Treatment Income-tax: Interest on the Bonds will be taxable under the Income-Tax Act, 1961 as applicable according to the relevant tax status of the bond holder. Wealth tax: The Bonds will be exempt from Wealth-tax under the Wealth- tax Act, 1957.

Listing: Listed: - BSE, NSE, Luxembourg Price as on 30/7/2007:BSE 38.35 NSE 38.10 Face Value: - 1.00

Mergers and Amalgamation: Centurion Bank and Bank of Punjab Ltd on June 29, 2005 mergered and the bank were called Centurion Bank of Punjab. 20th Century Finance Corporation Limited, has been amalgamated with Centurion Bank Limited Recently Centurion Bank of Punjab has announced a merger with Kochi based Lord Krishna Bank. The banks are awaiting regulatory approval from RBI.

IPO IPO issue date: - 20/9/1999 Current affairs

7th April 2007 MUMBAI: Centurion Bank of Punjab (CBOP) on Saturday launched a priority banking service in Mumbai, which is fast catching up with an increase in the number of high net worth individuals (HNIs). Called as `Centurion Elite', the launch follows positive response for the bank's similar service in Bangalore, Chandigarh, Delhi, Jaipur, Kolkata and Chennai in the last six months. "The HNIs joining Centurion Elite service got to have a minimum deposit of Rs. 10 lakh but they can start by opening a savings account with a minimum of Rs. 1 lakh," Centurion Bank of Punjab's Managing Director and CEO, Shailendra Bhandari, said after the launch. The service will include one point access to investment and broking services, home banking and expert advice on all financial needs. "We plan to take the service to HNIs in 16 Tier-I cities, probably by the next financial year," CBOP's Marketing Director, Yateesh Srivastava, said. PTI July 23, 2007 The bank informed that the board of directors of the bank meeting approved the following:Extension of the date of the scheme of amalgamation of Lord Krishna Bank Ltd with the bank from July 31 2007 to Oct 31t 2007. Resolution enabling the bank to undertake the business of pension fund management. The bank will do this through creation of subsidiary for the purpose. This is subject to regulatory approval including that the RBI. 7th September 2007: KOCHI: The Centurion Bank of Punjab will target Non-Resident Indians (NRIs) for high growth in Kerala, Shailendra Bhandari, Managing Director and CEO of the bank has said.

The Lord Krishna Banks (LKB) merger with the bank had resulted in a win-win situation for both the banks, he said at a press conference here.

CEO:

FOR THE ELITE: Shailendra Bhandari (right), Managing Director and CEO, Centurion Bank of Punjab, with Anil Jaggia, COO, addressing a press conference in Mumbai

BOARD OF DIRECTORS

Mr. Rana Talwar Mr. Shailendra Bhandari Mr. S. Venkiteswaran Mr. Shital Kumar Jain Mr. Kamlesh Vikamsey Mr. Rajiv Maliwal Mr. J. S. George Mr. K. K. Abdul Razak Mr. Y. K. Modi

Chairman Managing Director & CEO Director Director Director Director Director Director Director

Mr. Chee Jin Kiong Mr. Tejbir Singh Mr. S. K. Soni Alternate Directors Mr. Mohamed Ahmed Al Abri Mr. Abdul Razak Ali Issa

Director Executive Director Director

Alternate to Mr. J. S. George Alternate to Mr. K. K. Abdul Razak