PNB Bank Update: If you are one of the crores of customers of Punjab National Bank (PNB), then this news is important for you.
Do you also have a savings account of PNB, which has not been used for years? PNB informed its customers a few days ago that they should get KYC done for such accounts. The good news is that the bank has extended its deadline till 30 June 2024. After this, these accounts can be closed.
First, check the status of your PNB savings account
If you have a account in Punjab National Bank, then firstly check its status. PNB is going to close many of such accounts by this month.
The bank has said in its notification that accounts in which there have been no transactions for the last 3 years. Also, those whose account balance has zero rupees for the last three years.
He is going to close it. Notice has been sent to such customers. Those accounts will be closed after sending the notice. If you want to keep those accounts running, then immediately go to the bank branch and get KYC done.
Why did PNB decide to close the savings account
There are many such accounts, which are not been used by the customers for a long time. Many times fraudsters misuse such accounts.
The bank has taken this big decision to deal with such cases. According to the notification issued by the bank, the account will be calculated based on 30 April 2024.
PNB has said in its notification that all those accounts will be closed, which have been inactive for the last 3 years. That is, there is no operation of them.
Such accounts whose bank account has been zero in the last three years and in which no activity i.e. transaction has been done. The bank has already sent notice to such customers.
Bank accounts can be restarted by doing KYC
According to the notification issued by the bank, if the account becomes inactive and the customer wants to get the account restarted, then such customers will have to go to the branch and fill out the KYC form.
Along with the KYC form, the customer will also have to submit the necessary documents. After this, their account will be activated. Customers can go to the bank by itself for more information.
These accounts in PNB will not be closed ever
The bank will not close the demat accounts. That is, this rule will not apply to demat accounts. In a post shared on social media, the bank has said that PNB Bank will not close the accounts opened for schemes like Sukanya Samriddhi Yojana (SSY), Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY), Pradhan Mantri Suraksha Bima Yojana (PMSBY), Atal Pension Yojana (APY).