Punjab National Bank (PNB) has issued a notice to its customers, urging them to update their Know Your Customer (KYC) details by 19 March 2024, in adherence to Reserve Bank of India (RBI) guidelines. According to the RBI directive, customers whose accounts required KYC updation as of 31 December 2023, are required to complete this process by the specified date to ensure seamless account operations.
Customers are required to provide updated information such as Aadhaar card, identity proof, address proof, recent photograph, PAN card, income proof, and mobile number (if not available) or any other relevant KYC information to their base branch.
Updating KYC details can be done conveniently through PNB ONE/Internet Banking Services (IBS)/registered e-mail/post, or by visiting any branch in person before the deadline of 19 March 2024. Failure to comply with this requirement within the stipulated timeframe may lead to restrictions on account operations.
PNB has taken proactive measures by sending SMS alerts to customers, reminding them to update their details. The bank has emphasized that failure to complete KYC updation by March 19 may result in the inability to use the bank account, with the possibility of account freezing.
To facilitate the process, PNB customers can easily check their KYC status online: Step 1: Log in to PNB online banking platform using credentials. Step 2: Navigate to personal settings and check KYC status, which will indicate whether KYC updation is required.
It is crucial for customers to prioritize this requirement and ensure timely completion of the KYC updation process to avoid any disruptions to their banking services.