Important News For Account Holders! Banking: If you have an account in this bank, then do it quickly, otherwise the money will be stuck

Banking: After the merger of Oriental Bank of Commerce (OBC) and United Bank of India (UBI) with Punjab National Bank (PNB), the account holders of these two banks will not be able to transact with the old User ID.

Banking: Oriental Bank of Commerce and United Bank of India have merged with Punjab National Bank (PNB). The user IDs of the account holders of these two banks have changed due to the merger. That is, the account holder will no longer be able to transact with the old user ID. With effect from April 1, 2021, the user ID of OBC and UBI account holders will change. If you do not change the User ID, you will not be able to use Net Banking.

MICR Code And IFSC Code also change (MICR Code and IFSC Code also changed)

According to information tweeted by PNB, the user ID of the old customers of Oriental Bank of Commerce and United Bank of India has changed. After the merger of OBC and UBI banks with PNB, the MICR Code and IFSC Code have also changed from April 1, 2021.

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How to create a new User ID? (How to create a new user ID?)

• First of all login on the ‘Know your user ID’ option.
• eOBC customers have to put ‘O’ in front of their 8-digit user ID.
• eUNI customers have to put ‘U’ in front of their 8-digit user ID.
• Customers with 9 digit user ID do not need to make changes

PNB has also informed that the old IFSC codes of both banks have been changed. These codes will not work after 31 March 2021. Fund transfer will not be done using the old code. Bank’s IFSC is also required to be added along with the bank account number for online transaction.

The merger took place on 1 April 2020.

April 1, 2020 was an important day for customers of both United Bank of India (UBI) and Oriental Bank of Commerce (OBC). On the same day, both banks were merged with Punjab National Bank (PNB). From this day all the branches of United Bank of India and Oriental Bank of Commerce across the country started functioning as branches of Punjab National Bank.

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