3.4 Savings Account in PNB Bank.

Students should be made aware of how to open a Bank Account in PNB and to use PNB internet Banking and Debit cards in their course, which would later help the bank is getting more and more new accounts.

 

How can we open an online Savings Account in PNB Bank?

Started with opening the official site of PNB 

 

https://www.pnbindia.in/#

 you can see the official site of Punjab national bank, which provides you lot of Services.

 We can select online Services, and after that, you can see the pop up of different services.

Select Savings Account option As shown in above image

 Now, you can click on the first option, which is used for opening the new savings account.

The applicant will start filling the account opening form using the link ‘Click Here To Start with new request.’

The Applicant will fill his/ her name, mobile number and e-mail ID on the opened form. On submission, he/ she will get a TCRN number (Temporary Customer Reference Number) on mobile and e-mail.

After submission, applicants will visit the Bank’s branch and TCRN, photo, ID Proof and Address Proof in original and copies. The branch will verify the KYC documents meant.

Finally, you got the TCRN number on your mobile phone.

PNB debit Card.

We can choose the debit card section from the website of in.

ATM/ Debit Card

 

Types of Debit Card offers by PNB

Platinum

Gold

Classic

PNB Debit Card

Debit cards are chip-based cards. In addition to performing the function of withdrawing cash from the ATMs, these can also be used to make purchases at Point of Sale, i.e. at merchant establishment or over the internet for e-commerce transactions.

These cards are accepted at all ATMs and Merchant Establishments with POS machines and also over the internet for e-commerce transactions.

Add On Cards and Add On accounts.

members (including parents, spouse and kids only). All cards work on the main account of the primary cardholder.

Maximum of 3 accounts (one primary + 2 other accounts) can be added to a single card only when issuing the card. Transactions are allowed on any account at PNB ATM only. On other bank ATMs, the Primary version will be shown.

 The accounts can be of any CBS branch, but these should be of the same name and held in the same capacity.

PLATINUM

There are two variants under this. Rupay and Master.

CASH WITHDRAWAL LIMIT PER DAY

50000

CASH WITHDRAW LIMIT ONE TIME

20000

ECOM/POS CONSOLIDATED LIMIT

125000

 

CLASSIC 

There are two variant under this Rupay and MasterPersonalised and Non Personalised debit card can be issued with the following usage limits:

CASH WITHDRAWAL LIMIT PER DAY

25000

CASH WITHDRAW LIMIT ONE TIME

20000

ECOM/POS CONSOLIDATED LIMIT

60000

 

 GOLD

There is one variant under this, VISA.

Personalised and Non Personalised debit card can be issue

CASH WITHDRAWAL LIMIT PER DAY

50000

CASH WITHDRAW LIMIT ONE TIME

20000

ECOM/POS CONSOLIDATED LIMIT

125000


Now Move towards PNB Internet Banking.

 

 

 

 

 

 

 

Online Registration for Retail Internet Banking:

  1. Visit pnbibanking.in/
  2. Click on Retail –>> User New User.
  3. Select Internet Banking/Mobile Banking/Both.
  4. Enter Account Number & Select “Type of Facility” (View Only or View & Transaction).
  5. Enter OTP (One Time password), received on your registered Mobile Number.
  6. Enter Debit Card Number & ATM PIN.

 

Some video Features Internet banking.

 

https://www.pnbindia.in/User-Awareness.html

Collective Video Link

Students Account of Child Account 

Eligibility

  • All girls who pass class VIII from Kasturba Gandhi Balika Vidyalayas (irrespective of whether they belong to SC/ST) and enroll for class IX in State/UT Govt., Govt. aided or local bodies schools in the academic year 2008-09 onwards.
  • All SC/ST girls who pass class VIII and enroll for class IX in State/UT Govt., Govt. aided or local body schools in the academic year 2008-09 onwards.

  • Related to (i) and (ii) above the accounts should be of unmarried girls below 16 years of age as on 31st March on joining class IX.

Exclusions :

  • Students enrolled in Private unaided schools are to be excluded.
  • Students enrolled in schools run by Central Govt. are also excluded.

Terms & Conditions :

  • Initial Deposit Amount NIL for opening of Savings Account. The savings account is to be opened on receipt of a duly verified application with particular reference to the birth certificate issued by the School Head based on enrollment record.
  • Fixed Deposit Amount: Government of India would allow deposit of Rs. 3000/- in the name of eligible girl child and she would be eligible to withdraw it on reaching 18 years of age
  • Period of Deposit may be counted from the date of deposit to the date on which the girl child attains the age of 18 years.
  • Girl child receiving incentive may be entitled to draw the amount on attainment of 18 years of age.

Automatic Renewal :

Auto renewal shall be done for 30 days, until final disposal of funds only in the cases where directions are not received from the implementing agency on or before the due date of the fixed deposit. In other cases no auto renewal is to be allowed as the implementing agency will authorize the bank to transfer the matured amount from Fixed Deposit account to the Savings account in the name of the girl beneficiary.

Process Of Withdrawal:

  • To be eligible to draw the matured amount a pre-condition would be for the beneficiary to pass class X Board Examination successfully.
  • On attaining 18 years of age and production of (a) Xth class pass certificate and (b) a Certificate from the Principal/Head of the School that the girl beneficiary has continued her studies for at least 2 years after enrollment in class IX.
  • The beneficiary will have to continue her study at least for 2 years in the secondary school after her enrolment in class IX in order to avail the benefit under the scheme. The principal/head of the school will furnish a certificate to this effect.

Loan/Advance :

No Loan/ Advance to be allowed against these deposits.

Interest:

CARD rate of interest as applicable for normal Fixed Deposit scheme for various Tenors.

Premature Cancellation :

No premature withdrawal will be allowed. However, in the unfortunate event of the death of the student before attaining the age of 18 years, the amount of incentive will be transferred to the Central Govt. accounts.