This bank’s customers should update their account KYC by August 8, 2025

Punjab National Bank (PNB) has asked its customers to update their Know Your Customer (KYC) information in their bank accounts before August 8, 2025, to ensure the smooth functioning of their bank accounts. This KYC update is in accordance with the Reserve Bank of India’s (RBI) guidelines, as per a PNB press release.

According to the RBI website, “KYC stands for "Know Your Customer’. It refers to the method by which financial organisations check their customers' identities. KYC is crucial process as it helps to avoid unlawful actions such as money laundering and terrorist financing, while also protecting both the firm and the client.”

The last date of August 8, 2025, to update their KYC applies to those customers whose accounts have KYC updation pending as of 30.06.2025.

As part of the KYC compliance exercise, PNB customers are requested to provide updated information. This includes proofs like identity proof, address proof, recent photo, PAN/Form 60, income proof, mobile number (if not available) or any other KYC information at any branch.

If KYC information is not updated within the allotted time, bank account activity may be restricted. This includes no access to the net banking facility, withdrawals from bank accounts etc.

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.