If your account is also with Punjab National Bank (PNB Bank), then this news is very important for you. In fact, PNB has once again issued an alert to customers or account holders who have no transactions in such accounts for more than two years and whose account balance is zero. The bank said in a post via social media platform Twitter (now X) that such accounts would be closed. In this case, if your PNB account has not had any transactions for 3 years, then do this as soon as possible. Let us know what the bank says?
Send an alert via social media
PNB has issued an alert on its Twitter (Please make sure you have transactions in your account now so that your account does not become idle). The bank has warned its customers about this on several occasions before. However, this time the bank has not set a deadline.
Important announcement. Please note.#Invalid account #bankaccount #IMPORTANT NOTICE #banking #PNB pic.twitter.com/BzNktR0xeP
— Punjab National Bank (@pnbindia) September 21, 2024
Warn multiple times to customers
Punjab National Bank observed that in many accounts, customers had not made any transactions in the last two to three years and there was no balance in the account. In this case, in order to prevent abuse of these accounts, we have decided to close them. In this regard, the bank has issued warnings to customers many times, but despite this, there are still many accounts without any transactions, so the bank issued another warning.
Let us tell you here that this information was made available through the website and social media on May 1, 2024, May 16, 2024, May 24, 2024, June 1, 2024 and June 30, 2024 shared. All such customers must activate their accounts as soon as possible to avoid inconvenience.
These accounts will not be closed
Punjab National Bank has made it clear that all such accounts will be closed without any prior notice. However, such accounts associated with Demat accounts will not be closed. At the same time, student accounts, minors accounts, SSY/PMJJBY/PMSBY/APY and other planned accounts of customers under 25 years old will not be suspended.
This work is required to activate the account
Along with the warning, the bank has also provided this facility to customers that if they want any information related to their account or want to get any assistance, then they can directly contact their bank branch. According to PNB, such accounts cannot be reactivated unless the account holder submits all necessary documents related to KYC of his account at the relevant branch. That said, if you want to keep your account active, head to a bank branch now and complete KYC.
How is PNB stock doing today?
Punjab National Bank is the second largest public sector bank with a market capitalization of Rs 1.22 billion. When it comes to this bank’s stock (PNB stock), it is continuing to grow at a rapid pace. On Monday, the first trading day of the week, the opening price was 108.59 rupees, rising as much as 3% to touch 111.42 rupees.