PNB Kiosk banking Services from Samvriddhi Group

The PNB Kiosk banking will provide the following services:

  • No Frill Account Opening
  • Deposit of Cash
  • Withdrawal of Cash
  • RD Account
  • Money transfer to another PNB/BC account holder in other locations
  • Current limit of Rs 10,000 per day per bank account holder

Advantages to the customers :

  • A ‘No Frill PNB Accounts’ through KIOSK Banking Model
  • Current Account/Term Deposit/Recurring Deposit

What type of account will be operated by the Customers?

  • This is called a no-frills account where there is no minimum balance or charges levied.
  • Maximum balance can be Rs 50000. (Balances above this can be held, but then account is converted to a regular bank account and the terms of the bank and documentations will apply to these accounts).
  • Minimum Balance -Zero Balance.
  • Maximum limit of transactions is Rs10,000 per day.
  • No Cheque book is issued
  • Passbook facility is available
  • ATM facility is not available
  • Only Cash Transactions can be made & only in person by the account holder.
  • There is no signature required and only electronic thumb impression is used to access/use the account.
  • Customer also benefits from Long banking hours: As long as the center is open