Today we will see how to close Punjab National Bank account, but before that let’s know a little about it, PNB was established in 1894 and is based in New Delhi, India. The bank has a strong presence in rural areas and has played an important role in promoting financial inclusion and empowering underprivileged members of society. PNB is also involved in a number of corporate social responsibility (CSR) initiatives, including education, healthcare, and environmental sustainability.
Article | PNB Account Closing Form |
Bank | PNB Bank |
Language | English |
PDF Download | Download Now |
Can I close PNB bank account online?
No, PNB does not currently provide the option to close bank accounts online. You must go to the nearby PNB branch and follow the article’s instructions for closing your account.
Minimum Balance Requirement in PNB Account
Saving Account
PNB Location of Branch | PNB QAB (Quarterly Average Balance) | Initial Deposit |
Rural | Rs. 500/- | Rs. 500/- |
Semi-Urban | Rs. 1000/- | Rs. 1000/- |
Urban | Rs. 2000/- | Rs. 2000/- |
Metro | Rs. 2000/- | Rs. 2000/- |
Current Account
PNB Location of Branch | PNB QAB (Quarterly Average Balance) |
Rural | Rs.1000/- |
Semi-Urban | Rs.2000/- |
Urban | Rs.5000/- |
Metro | Rs.10000/- |
How To Close Punjab National Bank Account
Collect the account closure form
Ask for the account closing form at the PNB branch in your area. The Punjab national bank account closure form can be downloaded online from the PNB website or downloaded from our page.
Request an Account Closure Form at Your Local PNB Branch
To start the procedure of closing your PNB account, go to your nearest PNB branch. When you arrive at the branch, speak with a customer service representative and ask for an account closure form. They will give you the necessary documentation and walk you through the process.
Fill Out the Form
After receiving the account closure form, you must fill it out with the necessary information. Typically, this information will include your account number, name, address, and signature. Fill out the form completely and accurately to avoid delays or errors in the account closure process.
Attach Your ID Proof
After completing the form, you must attach your ID proof, such as your Aadhaar card or PAN card. This is done to verify your identity and that you are the rightful owner of the account. You can submit the form to the bank after attaching your ID proof.
Bank Verification and Processing
Once the bank receives your account closure form, they will verify your information and process your request. Depending on your account type and other factors, the verification process may take some time. The bank may also request additional information or documentation from you during this time.
Confirmation of Account Closure
The bank will send you a confirmation message or email once the account closure process is complete. This will serve as proof that your account was successfully closed. The bank may also send you a final account statement that shows any outstanding balances or fees associated with your account.
Important note
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PNB Account Closure Charges
Particulars | RD Account | Savings Bank account | Current Accounts |
Account Closed within 14 days from the opening of account | Nil | Nil | Nil |
Accounts closed after 14 days but within 12 months of opening | Rs. 100/- | Rs. 300/- | Rs. 600/- |
Accounts closed after 12 months | Nil | Nil | Nil |
PNB Account Close Application
To, The Branch Manager, Punjab National Bank (Address with Pin code ) Dear Sir/Madam, I would like to request the closure of my PNB bank account [insert your account number]. I have attached my ID proof (Aadhaar card or PAN card) with this application. I request you to please process my account closure request as soon as possible and send me a confirmation message or email once the process is complete. Thank you for your prompt attention to this matter. Thanking You Yours Faithfully, [your Name] [Signature] [Mobile No.]
Final Opinion
To close a PNB bank account, visit the nearest branch, fill out an account closure form, attach an ID proof, and submit the form to the bank. The bank will verify the details and process the account closure request. Once complete, a confirmation message or email will be sent. Contact a customer service representative for more information and guidance. For more information, you can also call PNB Bank’s customer service at 1800 180 2222.
FAQs
How can I close my Punjab National Bank account online?
You cannot close a PNB account online. Visit the bank branch where you initially opened the account to close it. Send the bank manager a completed and signed account cancellation form.
What is the procedure for closing PNB bank account?
The first step in closing your bank account is to complete an Account Closure Form. You can download it from the bank’s website, or you can go to your branch, acquire the account closure form, and fill it out properly. After that, sign it and turn it in to the branch manager/officer-in-charge.
Can we close bank account permanently?
A bank account can be closed by visiting a branch, sending a written cancellation request, or calling customer care. You can take some basic actions to guarantee the account is closed in good standing and without any outstanding direct deposits or bill payments.
How many days we can close bank account?
The period of time it takes to shut a bank account depends on the bank and the type of account. It can take anywhere from a few days to a few weeks. Withdraw all funds, halt automated deposits and withdrawals, notify the bank, and review their individual procedures and fees.
What is the best reason to close bank account?
A minimum balance requirement, overdraft fees, money transfer fees, or costs for negative balances may apply to some bank accounts. If there are too many fees on the bank statements, it could be time to consider closing the account.