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PNB News - Jan 2021
- 2020-12-29 : PNB completes IT integration of all branches of two merged entities
Punjab National Bank clarified that the customers of the former OBC Bank are now migrated to CBS of PNB wherein they can transact seamlessly via existing branches and digital banking channels like internet banking and mobile banking. The amalgamation of PNB, United Bank of India and OBC has come into effect from April 1, this year. The merger created the second-largest nationalized bank in terms of business and total branches. - 2020-12-01 : PNB introduced OTP based cash withdrawal from today
PNB introduced a new facility for cash withdrawal applicable from 1 December 2020. Account-holders will require a One Time Password (OTP) for cash withdrawal of ₹10,000 and above from ATMs. Customers will first receive an OTP on their registered mobile number. Once the cardholder enters the amount they wish to withdraw, the ATM screen displays the OTP screen. The aim of this move was to add another layer of security for cash withdrawals. - 2020-08-17 : PNB launched campaign to promote digital banking.
Punjab National Bank launched DIGITAL APNAYEN a campaign to encourage customers to use digital banking channels. It is striving to encourage customers to use digital channels and participate in the noble cause of donating to the PM CARES Fund for COVID-19 by PNB. - 2017-09-11 : PNB customers to pay after five ATM transactions from October
Punjab National Bank customers will now have to pay a charge of Rs. 10, if they carry out more than five transactions a month from the bank’s ATMs. At present, its customers are allowed to make any number of transactions without attracting any charge. The revised charges on transaction will be effective from 1st October, 2017.
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