Who are eligible for PNB Debit card?

1 ANSWERS

1. Banking Expert
   

   All KYC compliant saving and Current Account holders who maintain the minimum balance and who regularly operate their account are eligible for a PNB Debit Card. New customers, are eligible for a PNB Debit Card at the time of opening the account. Debit cards shall also be issued to individual customers having an overdraft facility, which is in the nature of a personal loan. This shall mean and include personal loans extended to individual customers in the form of a regular overdraft limit such as clean overdraft facility or overdraft facility against FD/NSCs/LICs etc. where operations through cheques are permitted. Debit Card can be issued in Joint Accounts with “Either or Survivor”/”Former or Survivor” mandate. In “Either or Survivor” accounts, Cards can be issued to both the account holders whereas in “Former or Survivor” accounts card can be issued only to the Former. In joint Accounts where account has to be jointly operated Debit Card shall not be issued unless mandate for operation of account specifies “Either or Survivor” or “Former or Survivor”.

   Report (0) (0)  |   1 year, 3 month(s) ago