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HomePersonal FinancePNB customers should do this work by August 31, Otherwise bank account...

PNB customers should do this work by August 31, Otherwise bank account transactions may be banned, know why?

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PNB customer alert: If your account is also in PNB bank, then definitely read this news. Punjab National Bank has given big information by tweeting. If you do not listen to the bank, then you may get into trouble. Even your account may be closed and account transactions may be banned.


PNB Customer Alert: There is big news for the customers of Punjab National Bank. If you have not done KYC yet, do it immediately. The bank has appealed to the customers to update KYC. The bank has said by tweeting that all customers should get KYC done by 31 August 2022. For the past several months, the bank has been appealing to its customers to update KYC (know your customer). By getting KYC done, the bank account of the customers will remain active otherwise customers will not be able to transfer funds.

Tweet information

Punjab National Bank tweeted, “As per RBI guidelines, KYC updation is mandatory for all customers. In case your account remains pending for KYC updation by 31.03.2022, you are requested to contact your parent branch for updating your KYC before 31.08.2022. Non-updation may result in ban on your account transactions.

Know what is KYC?

Let us tell you that the full form of KYC is Know Your Customer. Actually, KYC is a document giving information about a customer. Under this, customers write all the necessary information about themselves. In the field of banking, every 6 months or 1 year, the bank has to fill the KYC form from its customers. In this KYC form, you have to fill your name, bank account number, PAN card number, Aadhar card number, mobile number and complete address. In this way the bank gets all the information of the customer. KYC is very easy to do. You can easily do it sitting at home.

If you want to get it done by going to the bank, you can also do it. For this, first you go to the branch of the bank in which you have your bank account. Go there and take the KYC form from the concerned desk and submit it after filling that form and attaching all the necessary documents in it. Your KYC gets updated within 3 days of submission of KYC form.

KYC can also do sitting at home

If you want to do KYC sitting at home, you can also do it. For this you can e-mail your document bank. Or you can also complete KYC by asking for OTP on mobile through Aadhaar. Many banks also provide KYC facility through net banking. If your bank is also providing this facility and you do net banking, then you can easily complete KYC sitting at home.

Pravesh Maurya
Pravesh Maurya
Pravesh Maurya, has 5 years of experience in writing Finance Content, Entertainment news, Cricket and more. He has done BA in English. He loves to Play Sports and read books in free time. In case of any complain or feedback, please contact me @ businessleaguein@gmail.com
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