PNB warns dormant accounts must finish KYC by Nov. 10
In short
Punjab National Bank says some dormant accounts could be closed if customers do not finish KYC by November 10, 2026.
The bank says the accounts at risk have had no transactions for more than three years and have a zero balance. It is not stated how many customers may be affected.
What the reporting says
Punjab National Bank told customers that dormant accounts may be closed if KYC is not completed by November 10, 2026. The bank said accounts with no transaction activity for over three years and a zero balance are at risk. What proportion of accounts could be affected is not stated in the available reporting.
Why it matters
Punjab National Bank issued a notice saying dormant accounts may be closed unless customers complete KYC by November 10, 2026. The bank defined the at-risk accounts as those with no transaction activity for over three years and a zero balance. The reporting does not state how many accounts are involved or what support the bank is offering.