PNB Account Holders: Punjab National Bank (PNB) is the second largest bank in India, with crores of customers. PNB keeps bringing new rules and updates for its customers. Recently, PNB has issued an important update for its PNB account holders. According to this update, if a PNB account holder has not done any transaction for the last two years, his account will become inactive or doormat.
This means that it will not be possible to withdraw money, deposit money, or do any other transaction from such an account. To reactivate such an account, the account holder will have to visit the bank branch and complete the KYC (Know Your Customer) process.
This update will be applicable to all PNB account holders, whether they are savings account holders or current account holders.
What to do if your PNB account becomes inactive?
If your PNB account has been deactivated, you should take the following steps:
- Visit your nearest PNB Bank branch.
- Complete the KYC process.
- Pay the required fees.
The KYC process will include a copy of your Aadhar Card, PAN Card, and photo identity card.
What is PNB current account?
Current account is a type of deposit account used for large value transactions on a regular basis. It is commonly used by businesses, but can also be opened for personal use.
Current accounts usually come with the following facilities:
- Cheque Book
- Debit Card
- online banking
- mobile banking
This new update of PNB may cause trouble to those account holders who have not been doing any transaction for the last two years. Such account holders should visit the bank branch as soon as possible to keep their account active.
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