Punjab National Bank selects Mphasis

Punjab National Bank has signed a 5 year contract with Mphasis to set up contact centers in Noida and Mangalore.

As a part of this strategic deal, Mphasis will offer end-to-end Customer Relationship Management (CRM) services that include inbound phone banking, outbound calling and complaints management.

The scope of the services includes support for all banking products and services such as deposits operations, core banking processes, lending services, internet banking and account & card related services.

Under this contract, Mphasis will implement a state-of-the-art Interactive Voice Response (IVR) system and a comprehensive CRM solution Advisor 360 which will cater to the bank’s customers, branches and fulfillment requirements across 13 regional circles in India.

Mphasis will provide services in multiple languages – English, Hindi, Malayalam, Kannada, Tamil and Telugu through their strategically located centers in North and South. Through this partnership, Mphasis will support Punjab National Bank in improving the quality of its customer service and enable intelligent customer engagement  through optimal utilization of data.

“With heightened customer expectations and strong competition in the marketplace it is imperative for banks to constantly redefine their business models. Our innovative technology-enabled solutions and comprehensive BPO services will help Punjab National Bank to realize tangible outcomes from superior customer experience and engagement,” said Elango R, chief human resources officer and head emerging geographies business unit, Mphasis.

“At Punjab National Bank, we recognize the crucial role played by technology in providing wider and easier access to banking services across our growing customer base. We are delighted to partner with Mphasis a leader in BPO services, to bring PNB Contact Centre Infrastructure in line with the best-in-class in the Indian market,” said KR Kamath, chairman & managing director, Punjab National Bank.

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