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PNB Slashes Loan Interest Rates

PNB Customers Alert: Complete This Task by March 26, Otherwise, Transaction Restrictions May Be Imposed

February 28, 2025 - 4:37 PM by Avijit Das

Punjab National Bank (PNB) has asked its customers to update their Know Your Customer (KYC) details by March 26, 2025. This is mandatory as per the guidelines of the Reserve Bank of India (RBI). This rule applies to accounts where the KYC update was due by December 31, 2024.

What is KYC and why is it Important?

Know your customer (KYC) is a vital process through which banks verify the identity of their customers. It helps prevent fraud, money laundering, and other financial crimes. PNB has requested customers to update their KYC on time to avoid any interruption in banking services. For more information, visit the official PNB website or contact the nearest branch.

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Important notice, please take a note!#Notice #InoperativeAccounts #Banking #PNB pic.twitter.com/0hiTGHqzdt

— Punjab National Bank (@pnbindia) February 17, 2025

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How to Update Your KYC?

Customers can update their KYC by submitting the following documents:

  • Identity Proof
  • Address Proof
  • Recent passport-sized photo
  • PAN card or Form 60
  • Income Proof
  • Mobile number (if not provided earlier)

Ways to Update KYC

Customers can update their KYC using any of the following methods:

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  1. Visit the nearest PNB branch
  2. Use the PNB ONE app
  3. Through Internet Banking Services (IBS)
  4. Send documents to the home branch via registered email or post

What Happens If KYC Is Not Updated?

If customers fail to update their KYC, transaction restrictions may be imposed on their bank account.

PNB’s Warning Against Cyber Fraud

PNB has warned customers not to click on unknown links or download any files from unverified sources. Fraudsters may use fake websites or links in the name of KYC updates.

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How to Check Your KYC Status?

Customers can check their KYC status through the following steps:

  • Log in to PNB Online Banking
  • Go to Personal Settings and check the KYC status
  • If an update is required, it will be displayed
  • How to Complete eKYC Using the App?
  • Log in to the PNB ONE app
  • Check your KYC status
  • Upload the required documents and update your KYC

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Categories Business Tags Bank Account, Banking Updates, customer alert, Financial News, March 26 deadline, pnb, transaction restrictions
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