Attention all customers holding accounts with Punjab National Bank (PNB), the country’s government bank! March 19 holds special significance for you.
PNB has issued a crucial notification regarding the update of Know Your Customer (KYC) details as per the guidelines of the Reserve Bank of India (RBI).
KYC Update Deadline: March 19
It is mandatory for all PNB account holders to update their KYC information by March 19. Failure to do so may result in disruption of services related to your account and potential freezing of your account.
Who Needs to Act?
The deadline of March 19 applies to customers who have not updated their KYC details until December 31, 2023.
PNB has been actively informing customers about the importance of KYC updates to ensure compliance with regulatory requirements.
Required Documents for KYC Update
To complete the KYC update process, PNB customers must visit their branch and provide the following documents:
Identification proof
Address proof
Photograph
PAN card
Income proof
Mobile number, etc.
Customers can choose to update their KYC either by visiting the branch in person or through the PNB mobile app or internet banking platform.
Benefits of KYC Compliance
Ensuring that your KYC details are updated by March 19 is crucial to avoid any disruptions to your account services.
By keeping your KYC updated, you help maintain accurate account information, thereby facilitating smoother banking transactions and operations.