PNB urges these customers to update KYC before April 10, 2025

Punjab National Bank (PNB) has issued an important advisory to select account holders, urging them to update their Know Your Customer (KYC) details in compliance with Reserve Bank of India's (RBI) regulations. Customers who fail to complete the KYC update within the specified timeframe risk facing restrictions on their account operations.

KYC is a mandatory process that helps banks verify the identity of their customers, preventing fraudulent activities such as money laundering and financial scams. As per RBI guidelines, banks must periodically update KYC details to maintain account security and regulatory compliance.

This KYC update requirement applies only to customers whose accounts are due for renewal by March 31, 2025. Affected customers should check their SMS, emails, or official PNB notifications to confirm if they need to update their details.

PNB offers multiple convenient ways for customers to update their KYC details:

Visit any PNB Branch – Submit the required documents in person.

Use PNB ONE or Internet Banking Services (IBS) – For eligible customers, KYC updates can be done online.

Send via registered email or post – Customers can submit their KYC documents to their base branch through email or postal services.

PNB has set a deadline for KYC updates, which has been communicated to affected customers. Failure to update KYC within this period may result in: account restrictions, including limited transactions. Temporary account suspension until KYC is completed. Possible blocking of certain banking services.