Bank Alert: Complete This Task by April 10 to Avoid Account Freeze

Punjab National Bank has set April 10, 2025, as the deadline to update KYC. Customers failing to comply will face account freezing. Here’s how to update KYC online and offline.

Punjab National Bank KYC Update: Complete Process by April 10 to Avoid Account Freeze

If you hold an account with Punjab National Bank (PNB), it’s essential to update your Know Your Customer (KYC) details by April 10, 2025. The bank has issued this directive to comply with Reserve Bank of India (RBI) guidelines. Failure to do so may result in a temporary freeze on your bank account, restricting all transactions including deposits and withdrawals.

Who Needs to Update KYC?

The KYC update is mandatory for customers whose KYC has not been updated by March 31, 2025. PNB has urged such customers to complete the process by the April deadline to ensure uninterrupted banking services.

Ways to Update Your KYC with PNB

PNB offers multiple convenient options to update your KYC:

1. Visit the Nearest Branch

• Carry identity proof, address proof, a recent passport-sized photograph, PAN card or Form 60, income proof, and registered mobile number.
• Submit these documents to the bank staff for verification and update.

2. Via PNB ONE Mobile App

• Login to the PNB ONE app
• Check your KYC status and follow on-screen instructions to complete the process.

3. Through Internet Banking

• Visit PNB Internet Banking
• Login and navigate to the KYC Update section under personal settings.

4. Via Registered Email or Post

• Send self-attested copies of your KYC documents to your home branch through registered email or postal mail.

How to Check If Your KYC Is Updated?

To verify your KYC status:

• Login to PNB’s online banking
• Navigate to personal settings
• Check the KYC status. If an update is needed, a notification will appear.

What Is KYC and Why Is It Important?

KYC (Know Your Customer) is a mandatory banking process that helps institutions verify the identity and address of customers. It is crucial in preventing money laundering, fraud, and other financial crimes.

PNB Issues Fraud Warning

PNB has also warned customers against clicking on suspicious links or downloading unknown files for KYC updates. Always use official channels such as the PNB branch, PNB ONE app, or official website for any KYC-related activity.