If you have an account with Punjab National Bank (PNB), this update is important for you.
The bank has asked all customers to update their KYC (Know Your Customer) details by 10 April 2025.
This is being done as per the guidelines of the Reserve Bank of India (RBI) and is mandatory for those whose KYC was not updated by 31 March 2025.
How to Update Your KYC
There are several ways to update your KYC:
Through PNB ONE App: You can update your KYC online from home using the app.
Through Internet Banking: Log in to PNB Online Banking and select the “KYC Update” option.
Send Documents to Home Branch: You can also send your KYC documents via registered email or post to your home branch.
What Happens if You Don’t Update KYC?
If you fail to update your KYC by 10 April 2025, your account will be temporarily frozen.
This means you won’t be able to deposit or withdraw money or carry out any transactions.
How to Check Your KYC Status
To find out if your KYC is up to date:
Log in to PNB Online Banking.
Go to Personal Settings.
A message will appear if your KYC needs updating.
You can also check and update your KYC through the PNB ONE App by logging in and following the on-screen instructions.
What is KYC and Why is it Important?
KYC (Know Your Customer) is a process banks use to verify the identity of their customers. It helps prevent fraud, money laundering, and other financial crimes.
PNB has also warned customers not to click on unknown links or download files from untrusted sources. If you’re unsure about anything, visit your nearest PNB branch or check the official PNB website for accurate information.
