The last edition's runners up Indian Oil trailed 1-2 at halftime after PNB struck through Hardeeep Singh 17th and Damandeep Singh 33th.
First it was Harman Singh (18th) who had canceled out the 0-1 lead while Roshan Minz (67th) struck the equaliser as Indian Oil forced the match to a shootout finish with a 2-2 stalemate in the regulation time.
Sumeet Singh, Gagandeep Singh and Thakur scored for Indian Oil while Damandeep Singh and Mathias Minz netted for the PNB.