Punjab National Bank usually referred to as PNB is the oldest domestic-owned bank of India. It was first established in Lahore in 1895. Now, its headquarters are located in New Delhi. The bank serves more than 180 million customers and 10,910 branches and over 13000 ATMs after entering into a merger with the United Bank of India and Oriental Bank of Commerce on April 1, 2020.
PNB Net Banking
Due to the increase in competition and with the digitalization of banking services, Net Banking has become a necessity for all Banks. The majority of the activities conducted by large corporations take place online, so the banks have to update their services by providing Net Banking services. A modern-day Bank like PNB needs to be digitalized to function and prove its optimum potential.
Features of PNB Net Banking
- Immediate Registration and Activation
One can easily register and start using the Net Banking feature as soon as they register.
- Fund Transfer
The account holder can use PNB Internet Banking to transfer funds from his account to another account or his own account with the use of NEFT or RTGS.
- Check Account Balance
One can easily check the latest updated balance in their account using the Internet Banking feature of Punjab National Bank.
- Payment of Utility Bills
The account holders in Punjab National Bank having the net banking feature can easily pay utility bills like Water, Electricity, or DTH from the comfort of their home.
- Other payments
You can also make another kind of payments using the PNB Internet Banking feature like payment of taxes, booking of airline or railway tickets, payment of fees to educational institutions, payment of insurance premiums, booking of movie tickets, etc.
- Availability and Convenience
One of the biggest features which are applicable to all the banks with Internet Banking is that the customer does not depend on the working hours of the bank. They can avail of innumerable services at any hour from the comfort of their homes or any other location.
- E-filing of Income Tax
Using the Internet Banking feature of Punjab National Bank, one can avail the benefits of conveniently filing Income tax online.
- Trade Function Facility
The users can also link their DEMAT account and view the details of their holdings using the Punjab National Bank Internet Banking feature. Users can also use the trading function to trade their securities with the help of Internet Banking.
- Online opening and closure of FDs
The users can easily open and close Fixed Deposits without actually visiting the branch.
Registration for PNB Internet Banking
For registration, you need to first make sure your valid mobile number is registered with the bank. To start with Net Banking, the account holder must first register themselves, which can be done as follows:
How to register For Punjab National Bank Net Banking
- Go to the official website
The first and foremost step is to visit the official website of PNB Internet Banking.
- Register for Internet Banking
Click on “Internet Banking” and you will be redirected to the login page. Click on “New User”, on the next page, enter the account number and DOB, and choose the registration type as “Register for Internet Banking”. Press “Verify” to proceed.
- Generate OTP
You will receive an OTP in your registered mobile number which you then have to enter and click on “Continue”
- Debit card and PIN
Enter the Debit card number and ATM PIN, and then click on “Continue” to proceed further.
- Transaction and Login Password
Set both Transaction and login passwords by entering them twice. Make sure the transaction and login password are different.
- Complete the Registration
After that, read and accept the terms and conditions, and click on “Complete Registration”. A message of Successful Registration will show up on the screen.
How to login for PNB Internet Banking
The following steps are to be followed to login and use the PNB Internet Banking feature
- Visit the official website
Go to the official website of Punjab National Bank Internet Banking:
- Go to the Internet Banking Login
On the official website, click on the “Internet Banking login” icon, then enter the User ID, which is the same as Customer ID, and click on “Login”.
- OTP Generation
Enter the OTP received in your registered mobile number to log in successfully.
- Security Question
If you are logging in for the first time, you will see a set of 50 security question, choose and enter the answer to 7 questions, click on “register”
- Choose an image
In the next step, you have to choose an image and write a phrase relevant to it, and click on “Submit”.
Net Banking is a very important service provided by most banks these days and customers are expecting more and more functions of Banks getting digitalized with the help of Net Banking, so the Banks have to keep up with the demands of the customers to stay in the market. For more banking updates and information bookmark our page Timesalert.