PNB accounts cannot be closed online. To close the account, go to the bank branch where you opened your bank account. Submit a duly filled and signed account closure form to the bank manager.
PNB, or Punjab National Bank, is the second-largest government-owned bank in India based on both network size and business volume. It offers a wide range of personal banking services, including credit cards, loans, and many others. PNB has over 13,000+ ATMs and more than 180 million customers.
Closing a bank account can happen because of the following reasons:
- You might want to open a new account in another bank.
- You are not happy with the services provided.
- The interest rate on savings is low.
- The account is no longer needed.
- Account was dormant for a longer period of time.
So if you’ve already opened a PNB account and want to close it, we’ll show you how to do so in easy steps.
How to close PNB bank account online and offline in India?
To close the PNB bank account you have to keep in mind the following things:
The PNB account cannot be closed in online mode. The customers will have to visit the nearby branch where they have opened the account. Here is the step-by-step guide to closing it :
Step 1. Download the PNB account closure form from their website, or you can get it from the branch itself.
Step 2. Fill in all the details carefully. If the account is held by more than one person, then the name and signature of the other person are also required.
Step 3: Attach your passport, chequebook, and debit card, as well as one copy of your KYC documents.
Step 4. After that submit the form to the branch manager or office-in-charge.
Closing PNB Bank Account - Important points to remember
- Withdraw all the money before submitting the closure form.
- Carry one copy of each of your ID and KYC documents.
- Before closing the account, settle all outstanding balances.
- You will be asked to submit your cashbook, passbook, and debit card.
Does PNB charge a fee when an account is closed?
Yes, PNB charges a fee to close bank accounts. The fee depends on the time of opening.
1. No charges - if an account is closed within 14 days and after 12 months from the opening of the account.
- Accounts closed after 14 days but within 12 months of opening, the charges will be as follows:
- RD Account-Rs. 100/-
- Savings Bank account-Rs. 300/-
- Current Accounts-Rs. 600/-
Closing PNB bank account online and offline in India
PNB account can only be closed in person by visiting the bank branch. However, the bank also charges a closing fee if the account is closed after 14 days but before 12 months of the account opening.
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