PNB MMID

In order to make banking services easy for customers, Punjab National Bank has launched its mobile banking service called PNB Mobile. It is quick and convenient, and can be operated on various mobile phone sets. How does this app prove beneficial? You can use PNB Mobile to transfer funds, make purchases and do a lot more.

PNB Mobile comes in the form of a smartphone app which is known as mBanking. Customers who do not have a smartphone can use the NUUP (National Unified USSD Platform) or SMS Banking service for carrying out fund transfers. In order to operate SMS banking, the customer should have PNB MMID. This code can be generated through PNB’s official website or when you use the app for the first time.

Mobile Banking Features at Punjab National Bank

PNB’s mobile banking services are of great use to its active customers. The below mentioned facilities have their own advantages that make banking transactions quicker and secure.

PNB mBanking– It is a smartphone-based banking app which was introduced by PNB to cater to smartphone users. The use of mBanking allows the customers to access various PNB banking features like funds transfer, mini statement, balance enquiry, account information and a lot more over a secure platform.

NUUP Banking –It is known to be an USSD-centered mobile banking facility through which customers are permitted to access various banking services by dialing *99# using their mobile phone. Using NUUP, customers can access services such as mini statement, balance enquiry, fund transfer via IFSC and MMID, change M-Pin and generate MMID.

PNB SMS Banking –This service is for customers who do not own a smartphone or internet services on their handset. SMS Banking is the best option for them to access services like balance enquiry, account statement, mini statement,  stop payment order for cheque, cheque book request, generation of MMID, IMPS fund transfers, etc.

PNB IMPS Service

Immediate Payment Service or IMPS functions similar to NEFT, but offers an immediate transfer of funds regardless of holidays. For using PNB IMPS, one must possess details such as PNB MMID together with mobile number. Transfers using IMPS can also be processed with IFSC code and bank account number. You can use the facility to transfer funds 24×7 via mobile banking, internet banking, or even through ATMs.

Features of PNB IMPS Service

IMPS facility is considered as an easy method for making fund transfers in real-time. The prime features of this service include:

• Need for MMID & mobile number; or IFSC code and bank account number.
• Limit for transaction is Rs. 50,000 per day.
• Both remitter & recipient receive confirmation alerts.

IMPS Transfer with PNB

Below mentioned are the steps for making IMPS fund transfer with PNB mobile banking. Do make sure to add the beneficiaries first.

• Select the option “Transaction”.
• Now, click to select “IMPS using MMID” or “IFSC” as per your preference.
• The candidate is now required to fill the details to successfully proceed with the transaction.
• At last click on “Continue”.
• Confirm the transaction by entering the transaction password as well as the OTP sent to your registered mobile number.

PNB MMID Generation via SMS

• You only have to send an SMS using your smartphone for the generation of MMID.
• Type MMID and the destination number 5607040 (offered by PNB and send.

The moment this SMS gets delivered, you will receive a revert SMS that includes your mobile money identifier number (MMID).

Advantages of Mobile Banking with PNB

The prominent benefits of using PNB Mobile Banking service are mentioned below:

• Customers are permitted to use their non-financial, financial as well as other added services through their mobile phone.
• Fund transfers can be managed to a different PNB account via self-transfers & to another PNB account holder through the IMPS & NEFT platforms.
• Manage transfer of funds to non-PNB accounts through NEFT and IMPS.
• Settlement of utility bill in a quick and safe manner. It includes making payments for mobile bills, data cards, insurance premiums, DTH connections and much more.
• Keep a check on bank account information like account statement, transaction history and nomination details.
• Access cheque related facility such as cheque status information, stop payment, new cheque book request etc.
• Offline banking services can be managed through PNB mobile banking. It covers a number of banking services without the use of internet or data connection.
• Diverse value added services via mobile banking such as password reset, online debit card registration, etc. can be availed.
• Customers can even set instructions related to recurring transactions like auto-debit for RD account.