PNB encourages its customers to update KYC by Dec 12, 2022

Mumbai, November 24, 2022: In line with the RBI guidelines, Punjab National Bank (PNB), nation’s leading public sector bank, has been encouraging its customers to update their Know Your Customer (KYC) information before December 12, 2022. The bank has sent out two Notices to the registered address and SMS notification on registered mobile number of those customers whose accounts have become due for KYC updation. Further same is published on bank’s social media handles and advertised in Newspaper on 20.11.2022 and 21.11.2022.

The notification in 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 30.09.2022, in terms of notices/SMS already sent to your registered mobile number, you are requested to contact your base branch to get your KYC updated before 12.12.2022. Non updation may lead to restriction of operations in your account.”

As part of the KYC compliance exercise, PNB customers are requested to provide their updated information like identity proof, address proof, recent photo, PAN, income proof, mobile number (if not available) or any other KYC information to their base branch through email-id registered with the bank/ by post/ by letter/ by personally visiting their base branch for the smooth functioning of their bank account/(s).