PNB Bank: If you have an account in Punjab National Bank (PNB), then this news is important for you. The bank has appealed to its customers to update Know Your Customer (KYC) by 10 April 2025. This process is being done under the instructions of the Reserve Bank of India (RBI) and is mandatory for those account holders
PNB Bank: If you have an account in Punjab National Bank (PNB), then this news is important for you. The bank has appealed to its customers to update Know Your Customer (KYC) by 10 April 2025. This process is being done under the instructions of the Reserve Bank of India (RBI) and is mandatory for those account holders whose KYC has not been updated by 31 March 2025.
How to update KYC?
If you need to update your KYC, you can use the methods given below
- Visiting the bank branch – Visit your nearest PNB branch with your identity proof, address proof, recent photograph, PAN card/Form 60, income proof and mobile number (if not provided earlier) and get your KYC updated.
- Through PNB ONE app – you can update KYC online from home.
- Through Internet Banking (IBS) – Login to PNB Online Banking and select KYC Update option.
- You can send KYC documents to your home branch – through registered email or by post .
What will happen if KYC is not updated?
If the customer does not get KYC updated by 10 April 2025, then he will not be able to do any transaction from his account. A temporary ban will be imposed on the bank account, due to which you will neither be able to deposit nor withdraw money.
How to check KYC status?
- If you want to know whether your KYC is updated or not, then follow these steps-
- Login to PNB Online Banking.
- Check KYC status by going to personal settings.
- If an update is required, a message will appear on the screen.
How to do eKYC through PNB ONE app?
- Login to PNB ONE app.
- Check KYC status.
- If update is required, update KYC by following the instructions given.
What is KYC and why is it important?
KYC i.e. Know Your Customer is a banking process through which the bank verifies the identity of its customers. Its purpose is to prevent fraud, money laundering and financial crimes.
PNB has cautioned its customers not to click on unknown links and download files from any unknown sources to update KYC. If in doubt, visit your nearest PNB branch or visit the official website of PNB to get the correct information.
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