Punjab National bank (PNB) has issued an
urgent advisory: all customers must
complete their e-KYC by november 30, 2025, or their savings accounts risk being
rendered inoperative. Here’s what you need to know.
1. What is e-KYC?
·
e-KYC (Electronic Know Your Customer) is the wallet PLATFORM' target='_blank' title='digital-Latest Updates, Photos, Videos are a click away, CLICK NOW">digital verification of your identity· Required by banks under
RBI guidelines to comply with
financial regulations and anti-money laundering laws· Ensures your account remains
active and fully functional2. Why PNB Is Urging Customers
· To
update KYC records for all savings accounts· Prevents
account freezing or restrictions· Helps the bank
maintain secure and compliant banking servicesNon-compliance could
restrict transactions, deposits, and withdrawals.
3. Who Needs to Complete e-KYC
· All
savings account holders, including minor and senior citizen accounts· customers with
existing KYC outdated or incomplete· Individuals yet to
link Aadhaar or PAN for verification
4. How to Complete PNB e-KYC
1.
Online Method:o Visit PNB net banking or mobile appo Follow instructions to
verify Aadhaar or PAN digitally2.
Offline Method:o Visit the nearest PNB brancho Carry
original Aadhaar, PAN, and ID proofs for verificationOnline e-KYC is
quick, contactless, and takes a few minutes.
5. Consequences of Missing the Deadline
· Savings account may become
inactive/frozen· Limited access to
ATM withdrawals, online banking, and deposits· Reactivating a frozen account may require
branch visit and extra documentation6. Final Takeaway
PNB customers must
complete e-KYC by november 30, 2025, to avoid
account freezing and transaction hassles. Using online or offline methods ensures
compliance and uninterrupted banking services.
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