How can I close my dormant account in PNB?

How To Close PNB Bank Account Online

1. Step 1: You have to Fill-Up account closure form:
2. Step2: Collect all documents and facilities received by bank (Passbook, Cheque Book and Debit Card):
3. Step 3: Submit the above two along with your KYC (ID and Address proof):

Can a dormant bank account be closed?

The longer an account has been inactive, the higher will be the annual service fees. If a dormant bank account has zero balance in it, the bank has a right to close the account after some time.

What is the procedure to close dormant account?

Step 1: Visit the bank branch of the bank account you want to close. Step 2: Fill the account closure form available with the bank. Step 3: Provide details of another bank account in which you want to transfer the balance funds. Step 4: Fill the de-linking account form, if required.

Can I close my PNB account online?

Your PNB bank account cannot be closed online. You must go to the branch where you first opened the account. As a result, you must go to your home branch, where you have an account, and seek account closure.

Can I activate my dormant account online PNB?

A dormant account can be activated by visiting the branch. There is no option to reactivate it using PNB One.

Can money be transferred to a dormant account?

Your money can be recovered. As per RBI guidelines, a savings or current account becomes ‘inoperative’ without transactions for two years. If inoperative for 10 years, the account’s balance and interest are transferred to the Depositors’ Education and Awareness Fund, which was launched by the RBI in 2014.

Can I reopen closed bank account in PNB?

Dear customer, apologies for the inconvenience caused to you. A dormant account can be activated by visiting the branch. There is no option to reactivate it using PNB One. It requires to visit Home branch or any branch.