PNB KYC update: To guarantee that there are no restrictions on the operations in customers’ accounts, Punjab National Bank (PNB) has requested its clients to update their KYC information this month, and the last date for the same is August 31, 2023.
“In line with the RBI guidelines, Punjab National Bank (PNB) has been encouraging its customers to update their Know Your Customer (KYC) information before August 31, 2023. The bank has sent out two Notices to the registered address and SMS notification on the registered mobile number of those customers whose accounts have become due for KYC updation,” PNB said in a statement.
The bank also posted the information in the newspaper and on its social media pages on July 28, 2023.
The notification in the newspaper states that “As per RBI guidelines, KYC updation for all customers is mandatory. If your account has become due for KYC updation as of 31.03.2023, you are requested to get your KYC updated through PNB ONE/IBS/registered email/post or in-person visit to any branch before 31.08.2023.”
“Non-updation may lead to restriction of operations in your account,” it adds.
PNB KYC update: Documents required
PNB has urged its clients to provide information like identity proof, address proof, recent photo, PAN, income proof, mobile number (if not available), or any other KYC information through PNB ONE/IBS/registered email/post or in-person visit to any PNB branch for the smooth functioning of their bank account(s).
PNB KYC update: How to check KYC status
Here is the step-by-step guide to check KYC status.
1) Sign in to PNB online by entering your credentials.
2) Under personal settings, check KYC status.
It will display if you need to update your KYC.
PNB KYC: e-KYC through mobile
To complete e-KYC through mobile, a customer must use the IBS/PNB ONE module and submit a self-declaration that includes their current address, yearly income, and annual turnover (if applicable), as well as OTP-based Aadhaar authentication.
Customers can also update their KYC at any branch of PNB by submitting a self-declaration like no change in ID or address or they can also submit self-declaration for any address change.
Source By: zeebiz
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