If your account is in Punjab National Bank (PNB), then this news is very important for you. The bank has alerted its customers whose KYC (Know Your Customer) update is still left. PNB has clearly stated that customers who did not update their KYC till 30 June 2025 have now been given time till 8 August 2025. If the process of KYC is not completed by the due date, then your account will be freeze, that is, you will neither be able to withdraw money nor deposit.
KYC means "Know Your Customer" is an important banking process, through which the bank confirms the identity and address of its account holders. The purpose of this process is to prevent any kind of fraud, money laundering or financial misuse. All banks including PNB get KYC updates from time to time so that the information of the customer remains correct and active. If you have not updated the KYC for a long time, then it is very important to do it now or else the bank will temporarily turn your account.
PNB has given several options to update KYC to its customers, so that you can complete it as per the convenience.
If you did not update your KYC by 8 August 2025, the bank will temporarily free your account. In such a situation, you will not be able to do some important work.
KYC is an important process to maintain the security of banking systems and protect customers' money from fraud. Timely updating KYC is not only the responsibility of the bank, but also the customer's responsibility. If you do not do this work in time, then you may have to face trouble in the coming time.