Punjab National Bank (abbreviated as PNB) is a central public sector undertaking under the ownership of Ministry of Finance, Government of India. It is headquartered in Delhi, India, it is under the ownership of the Ministry of Finance, government of India. The bank was founded in May 1894 and is the second largest government-owned bank in India, both in terms of its business volumes and 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 50 branches. PNB also owns 41.64% of JSC (SB) PNB Bank in Kazakhstan, which has four branches.

Assam (; Assamese: [ˈɔxɔm] (listen)) is a state in northeastern India, south of the eastern Himalayas along the Brahmaputra and Barak River valleys. Assam covers an area of 78,438 km2 (30,285 sq mi). The state is bordered by Bhutan and Arunachal Pradesh to the north; Nagaland and Manipur to the east; Meghalaya, Tripura, Mizoram and Bangladesh to the south; and West Bengal to the west via the Siliguri Corridor, a 22 kilometres (14 mi) wide strip of land that connects the state to the rest of India. Assamese and Bodo are the official languages of Assam, while Bengali is an additional official language in the Barak Valley. Assam is known for Assam tea and Assam silk. The state was the first site for oil drilling in Asia. Assam is home to the one-horned Indian rhinoceros, along with the wild water buffalo, pygmy hog, tiger and various species of Asiatic birds, and provides one of the last wild habitats for the Asian elephant. The Assamese economy is aided by wildlife tourism to Kaziranga National Park and Manas National Park, which are World Heritage Sites. Dibru-Saikhowa National Park is famed for its feral horses. Sal tree forests are found in the state which, as a result of abundant rainfall, look green all year round. Assam receives more rainfall than most parts of India; this rain feeds the Brahmaputra River, whose tributaries and oxbow lakes provide the region with a hydro-geomorphic environment.

Sipajhar is one of the main towns in middle Assam or in Darrang district. It is about 50 km away from Guwahati, capital city of Assam. It is one of the tehsils of Indian state Assam. National Highway 15 (India) goes through the town. It is about 15 km away from the headquarters town of Darrang district, Mangaldoi. The town is also a major bus stop. .