Customers are urged by PNB to complete their KYC as soon as possible or their accounts would become dormant

Customers are urged by PNB to complete their KYC as soon as possible or their accounts would become dormant

The bank provided consumers with guidelines.

This information is significant for you if your account is with Punjab National Bank. The bank has established rules for all of its clients. This information was released by the bank via social media. Customers should exercise caution at this time and move forward by getting upgrades.

Let us notify you that saving accounts and current accounts in which no activity has occurred for two years will be deemed inactive, as the bank has announced on its official account. Your account will be deemed dormant if there has been no activity on it for two years.

What should I do if my account is inactive?

You must attend to several crucial matters if the account becomes dormant. You must visit the bank in order to restore the account. KYC must be completed in person at the branch. Your account will then be deactivated. In addition, as required by law, the bank must notify the client before deactivating the account.