Punjab National Bank Account Number

The use of a savings account is to collect money and earn interests after a specific period of time. Punjab National Bank (PNB) promises to safeguard your money and make it accessible to you whenever you are willing to withdraw. The bank provides attractive interest rates on your savings account, with a purpose to augment your earnings. Presently, PNB manages an extensive network comprising of ATMs and bank branches all over the country. When you open an account in PNB, you get a Punjab National Bank account number.

A kit is provided that includes useful information such as Punjab National Bank account number, net banking password, ATM card, etc. In order to activate mobile banking service, you can contact the customer care, or can visit any bank branch for quickly getting it started. Under this, you can swiftly transfer funds and other banking services through your smartphones.

Punjab National Bank Account Number Details

PNB account number consists of 16 digits. It is allotted to an account holder as per the given formula:

• The first four digits of the account number are the branch code.
• The next four digits are the scheme code, where 0001 stands for a savings account, 0002 signifies a salary account
• The last eight digits are the serial number of a bank account in that branch.

PNB Savings Account Types

In order to suit varying financial requirements of customers, the bank provides several savings account options. With PNB, the customers hold the authority to choose the savings account of his/her choice. Some of the popular options include:

Saving Deposit

Savings Deposit account can be initiated by only resident individuals managed singly or mutually, Trusts, Associations, HUFs, Societies, Clubs, etc. Furthermore, institutions are also allowed to access this account, but only after authorized permission from the RBI.

Family Suraksha Bachat Khata

Such a savings account type amalgamates TROP plan with a savings account. An individual aged between 25 to 60 years is eligible for accessing this savings account.

Premium Saving Account

Such an account is available for individuals (both singly and mutually), trusts, HUFs, associations, societies, clubs, etc. Do remember that, each of the mentioned entities is required to complete the eligibility standards stated by the RBI, with respect to the KYC Guidelines. Interestingly, the charges associated with cash withdrawal and cash deposit for this savings account is totally free.

Prudent Sweep with PNB

This savings account can be accessed established on RBI directives. Both Sweeps in & out occurs only when the account manages a balance greater than INR 40,000 (minimum sweep-in/ sweep-out restricted at INR 10,000). In addition, PNB staff members are also allowed to open accounts under this arrangement.

Junior SF Account

PNB offers this savings account as a unique fund saving option for minors. It should be noted that minors aged greater than 10 years are allowed to initiate this account. Further, the child’s natural or lawfully selected guardian can operate this account.

Vidyarthi SF Account

This exquisite savings account can be initiated in the student’s name. For successfully opening this account, the student has to get enrolled with an acknowledged educational organization. Do remember that, the account holder would be termed eligible to use this scheme till the age of 21.