a) Any person having minimum qualification of 10+2, proven local contact with builders/developers and PSU/Central/State Govt. institutions and have a flair for public dealing.

b) He/she should be holding Permanent Account Number (PAN) or should be having a shop or office at least for the past two years with permanent address and telephone in command area of the branch.

c) Person having shop/office space even if jointly with any other business preferably in real estate may be considered.

d) Existing DMAs showing good performance to be continued. However branches to re-recommend such DMAs who are to be continued, based on sufficient justifications. The existing DMAs have to build-up requisite infrastructure as laid in (ii) with in given time.

e) Successful Deposit Mobilization Agents of any reputed institution may be appointed as DMAs for loan products also.

 f) A security Deposit of Rs. 10000/- in the shape of FDR/CDR to be pledged with PNBHF.

g) Family members and blood relatives of existing staff of PNBHFL and PNB shall not be eligible to become DMAs.

h) Professional DMAs like C.A., Cost Accountants, Interior Decorators and Architects with proper infrastructure facilities with good local contacts with builders/developers and PSU/Central/State Govt. institutions, will be given priority. Revised application form for DMAs is enclosed (Annexure I)