PNB urges these customers to update KYC by 23 January – CNBC TV18

PNB urges these customers to update KYC by 23 January – CNBC TV18



Punjab National Bank (PNB) has urged its customers to update their “their customers” (KYC) details by January 23, 2025. This is in line with the Reserve Bank of India (RBI) guidelines.

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Updates are required for customers whose accounts were due to KYC verification by September 30, 2024.

Customers should provide updated information such as identification proof, address proof, recently photo, PAN/Form 60, Income proof and mobile number.

Updates can be made in any branch or through PNB One/Internet Banking Services (IBS).

Customers can also send necessary details to their Aadhaar branch through registered email or post.

Failure to update the KYC from the deadline may result in a ban on account operations as a result of failure.

How to check PNB KYC status

To check your KYC status, follow these simple steps:

  • Log into PNB online with your credentials.
  • Under individual settings, check your KYC status. If you need to update your KYC or not, the screen will be displayed.

PNB step to complete EKYC through an app

Customers can complete their EKYC through PNB One app by following these steps:

  • PNB log in to an app.
  • Check your KYC position.

What is KYC?

KYC stands for “know your customer” and is a process used by banks and financial institutions to verify the identity of its customers. This ensures that the institution is not working with any fraud activity, money laundering, or financial offenses.

The process involves presenting documents such as evidence of identity, evidence of address and other relevant details.

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