This update is important for all Punjab National Bank (PNB) account holders. As per the directives of the Reserve Bank of India, PNB has issued a last call for all customers to amend their Know Your Customer (KYC) data by April 10, 2025. Failure to comply would entail a temporary freeze of the customer’s account, disallowing him to make any transactions.
Why is KYC Update mandatory?
As KYC verification is a fundamental measure against fraud, money laundering, and financial crimes, the Reserve Bank of India has made it a mandate. If your KYC is still pending with the Bank and with changes beyond March 31, 2025, it would be in your best interest to take immediate action to minimize disruption in the smooth functioning of your banking services.
PNB KYC Carry original documents
- Identity Proof (Aadhaar, Passport, Voter ID)
- Address Proof (Utility Bill, Rental Agreement)
- PAN Card or Form 60
- Latest Photograph
- Income Proof (if applicable)
How to Update Your PNB KYC Easily
You can complete your KYC through multiple convenient methods:
Online via PNB ONE App
- Log in to the PNB ONE mobile app.
- Navigate to the KYC Update section.
- Upload scanned copies of required documents.
Through Internet Banking (IBS)
- Sign in to PNB Online Banking.
- Select the KYC Update option under services.
- Follow the instructions to submit documents electronically.
Email or Postal Submission
- Send scanned copies of KYC documents to your home branch’s registered email.
- Alternatively, mail physical copies via registered post.
What Happens If You Miss the Deadline?
Such an account will, however, be liable for temporary suspension with no possibility of withdrawals or deposits if a member fails to rub off/update the KYC in its account on or before April 10, 2025. Further, online & UPI transactions will be blocked, and fund transfers will not occur. Your cheque payments may also be returned to you.
It is now impossible to make deposits or withdrawals, and online transactions through UPI or fund transfers would also be impossible. Cheques might also not be accepted.
How to Check Your KYC Status?
Wondering if your KYC is already updated? Follow these steps:
- Log in to PNB Online Banking.
- Go to Personal Settings > KYC Status.
- If an update is needed, a notification will appear.
eKYC via PNB ONE App – Quick & Secure
For a hassle-free update:
- Open the PNB ONE app.
- Check your KYC status under the profile section.
- If prompted, upload documents and submit.