Punjab National Bank to Close Dormant Accounts from November 2026

Punjab National Bank (PNB) has cautioned its customer base about potential account closures slated to take effect after November 10, 2026, affecting dormant accounts that meet specific criteria.

Accounts targeted for potential closure are those that have recorded zero transaction activity since September 30, 2023, and maintain a nil balance. The bank's action aims to streamline its account management and encourage active account usage among its depositors.

Customers holding such inactive accounts are urged to initiate transactions or deposit funds before the November 2026 deadline to ensure their accounts remain operational. This move aligns with regulatory requirements and banking industry practices regarding dormant account management.

Accountholders are advised to contact their nearest PNB branch or visit the bank's official website for further details regarding account status and remedial measures. The bank has not disclosed the total number of accounts that may be affected by this closure initiative.