PNB has also shared this new guideline regarding its such customers on social media platform X. Under the special campaign, the bank is providing this facility only till 31 October 2023.
Public sector Punjab National Bank (PNB) has issued a special advice for its current account holders. The bank has said that like the savings account, current account holders who have not done any transaction for more than two years should start the transaction soon, otherwise their account (PNB current account) will be considered inactive or doormat. The bank has said that if you have not operated your account for the last 24 months, then immediately contact your branch to activate the account and get the KYC updated so that you continue to get banking services without any hassle.
This facility is available only till 31 October 2023.
According to the news, Punjab National Bank has also shared this new guideline regarding its such customers on social media platform X. Under the special campaign, the bank is providing this facility only till 31 October 2023. That means there is a chance for such customers only today. Bank (PNB) started this campaign from October 2 this month. Punjab National Bank provides the facility to the customers to open a current account along with the facilities.
Important Announcement 📢 Please take note!@DFS_India@PMOIndia@DARPG_GoI@swachhbharat@SwachhBharatGov#SpecialCampaign3.0 #Nomination #SwachhataCampaign #CleanUp #SwachhBharat #PNB #Banking #AmritMahotsav pic.twitter.com/XvQ6jOufEZ
— Punjab National Bank (@pnbindia) October 30, 2023
What is current account
Current account is also known as financial account. It is a kind of deposit account which is maintained solely or jointly for carrying out large value transactions on a regular basis. Current account refers to liquid deposits and unlike savings account, it does not pay interest. Current accounts are mainly opened by businessmen like proprietors, partnership firms, trusts, association of persons, public and private companies etc.
Current account allows customers to deposit and withdraw funds at any time without any notice. This account is ideal for making payments to creditors using cheques. The main objective of PNB current account is to enable the businessmen holding the account to carry out financial business transactions smoothly.
