Transformational leadership is emerging as the prevailing model to understand how managers can affect behavioral and emotional reactions of their employees. The basic purpose of this descriptive study is to examine the relationship between transformational leadership and overall job satisfaction and organizational commitment of employees working in banking sector of Pakistan (Lahore). The effect of overall job satisfaction on employees’ organizational commitment and their turnover intentions was also analyzed.For the purpose of current research, four hypotheses were developed and had been tested with the help of statistical tools. The findings provided solid support for the proposed significant and positive relationship between transformational leadership and overall job satisfaction and organizational commitment of bank employees. The results also supports the significant and negative relationship between employees overall job satisfaction and their turnover intensions. A significantly positive association was also found between employees overall job satisfaction and organizational commitment of bank employees.