Steps to Open Punjab National Bank Savings Account

To be eligible to open a savings account in Punjab National Bank, customers need to meet certain criteria.

1. Should be a citizen of India.
2. The applicant should be 18 years and above to be eligible. In the case of minors, the parents or legal guardian of the minor can open the account on their behalf.

1. The applicant must have a valid identity and Government-approved proof. 

1. Once the application is verified by the bank, the applicant must make an initial deposit, depending on the minimum balance requirement of that savings account he/she has chosen. 

Different Savings Accounts offered by Punjab National Bank 

The various savings accounts that are offered by Punjab National Bank are mentioned below: 

1. PNB Select Saving Account 

1. PNB Salary Account 

1. PNB Samman Saving Account 

1. PNB Women Power Savings 

1. PNB Unnati Saving Fund Account 

1. PNB Elite Saving Fund Scheme 

1. PNB Rakshak Scheme 

1. Basic Savings Bank Deposit Account 

1. PNB Junior SF Account 

1. PNB Prudent Sweep Account 

1. PNB Arogya Saving Scheme 

1. PNB Secured Saving Scheme 

Steps to Open Punjab National Bank Savings Account Offline: 

Step 1: Visit the closest Punjab National Bank with the required documents for the account opening process. 

Step 2: At the new account section of the bank, fill up the application form and tell the executive that you wish to open a new savings account. 

Step 3: Ensure that the details mentioned in the application form and what is mentioned on your KYC documents match. Submit the application form at the counter. 

Step 4: The bank will then verify the documents and if approved the savings account will be opened within 3-5 bank working days.

Steps to open a Punjab National Bank Savings account online: 

Step 1: Visit the PNB homepage and click on PNB Link https://www.pnbnet.org.in/OOSA/ 

Step 2: Now, Click Here to open the Online Savings Account without E-Sign facility  

Step 3: On the application form PNB Saving Account, Select the branch, Choose the Account Type, fill in the Customer Name, Mobile Number, and Customer Email ID, Tick the checkbox and declaration box. 

Step 4: Please enter the Security Key and Click on the 'Submit Button'

Step 5: On submission of the application form, a TCRN (Temporary Customer Reference Number) will be generated. 

Step 6: The number will be sent to the applicant's mobile number and email ID. 

Step 7: On receiving the TCRN, the customer will then have to submit the number, application form and requisite KYC documents for verification. Following approval, the bank will activate the account within 3-5 working days. 

Documents Required to Open Punjab National Bank Savings Account:

Customers will be required to submit the following documents when applying to open a new savings account with PNB:

1. Proof of identity - Passport, Driving license, Voter's ID card, etc.
2. Proof of address - Passport, Driving license, Voter's ID card, etc.
3. PAN card
4. Form 16 (only if PAN card is not available)
5. 2 latest passport size photographs

Points to remember when opening a Punjab National Bank Savings Account: 

The below listed points will help you to choose the right savings account category for you:  

1. Minimum Balance Requirement: It's essential to check the minimum balance requirement and ensure it aligns with your financial situation. Maintaining this balance is necessary to avoid fees. 

1. Penalty for Non-Maintenance: Be aware of the penalty fees if the required minimum balance is not maintained, so you can avoid unexpected charges. 

1. Interest Rates: Evaluate the interest rate offered on deposits for the specific savings account. This rate directly impacts the returns on your deposits, making it crucial to consider before opening the account. 

1. Transaction and Withdrawal Limits: Understand the daily transaction and withdrawal limits associated with the account to ensure it meets your needs for financial access. 

1. Additional Fees for Withdrawals: Check for any extra fees when withdrawing cash using cheques or at ATMs outside of the Punjab National Bank network. It's also important to note any limits on free withdrawals from non-PNB ATMs.  

Safety Tips for Punjab National Bank Savings Account Holders:

Given below are some of the safety tips that can be followed by PNB savings account holders: 

1. You should ensure that your account password and PIN is never shared through emails, SMS, or on social media.
2. Contact the bank immediately if a transaction has been made without your knowledge.
3. Always check your bank statements regularly to keep a check if there are any cases of fraudulent activity and to also keep track of your finances - in and out of your account.
4. If by chance your debit card is either lost or stolen, you should either block it through your net banking account immediately or call the customer care of Punjab National Bank to do it for you.
5. For security reasons, never save your bank account details on online merchant websites. In addition, ensure that you close the page as soon as you have completed a transaction online.
6. Always shop on websites that are secure.

Punjab National Bank Customer Care Number:

For customers that have requests, grievances, need help or complaints related to savings account, they can call the PNB customer care toll-free number - 1800 180 2222