Punjab National Bank (PNB) has issued a vital alert for its customers.
If your PNB bank account’s KYC (Know Your Customer) process is pending, make sure to complete it before August 31, 2023, to avoid disruptions.
The Reserve Bank of India (RBI) mandates that all customers complete their bank account KYC.
Failure to comply will result in the freezing of your account after the specified date.
PNB Bank Issues KYC Update Alert
Over the past few months, several banks have been urging their customers to complete their Know Your Customer (KYC) process.
By updating KYC, customers can ensure the seamless functioning of their bank accounts, enabling easy fund transfers and bill payments.
PNB, a leading public sector bank, is now alerting its customers to update their KYC details, even through tweets.
How to Check KYC Status
To find out whether your PNB KYC has been completed or not, call the toll-free customer care numbers: 18001802222 or 18001032222.
Speaking with customer care will provide you with the necessary information about your KYC status.
Updating KYC with PNB Bank
You can update your PNB KYC details by filling and submitting the KYC form, provided there are no changes in the existing information.
Alternatively, you can provide updated information through your registered email address.
However, if there are any changes in your details, a visit to the bank branch is required.
Only at the branch, you can submit the updated form and the necessary documents for KYC.
Adhering to RBI Guidelines
As per the RBI’s KYC guidelines for existing customers, banks are required to comply with the KYC norms applicable to new account openings.
In case of any delay, banks must promptly complete the necessary KYC procedures to identify their customers.
