Punjab National Bank (PNB) said that the account holders with the Oriental Bank of Commerce (OBC) and the United Bank of India will see the existing cheque books discontinued. This was announced in an official tweet from the lender’s Twitter handle early in September.
In the notification, Punjab National Bank said that the new change would come into effect from October 1, 2021. With the next calendar month right around the corner, customers have been requested to replace their old cheque books as soon as possible in order to avoid future obstacles when using their cheque books.
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The tweet that was issued from their official Twitter account read: “The old cheque book of eOBC and eUNI are going to be discontinued from 1-10-2021. Please replace your old cheque book of e-OBC and e-UNI with the PNB cheque book with updated PNB IFSC and MICR.” In the same post, the bank said that the respective bank account holders with the above-mentioned lenders can make the necessary changes in a few different ways.
For one, account holders can apply for the new cheque books via the local bank branch. Alternatively, customers can also make the changes via the respective banks’ automated teller machines (ATMs), via internet banking, PNB One or through the official call centre. “Get your new cheque book from your branch or apply through ATM/IBS/PNB ONE.
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All customers are requested to use new PNB Cheque Book with updates PNB IFSC and MICR only from now onwards to avoid any transactional inconvenience. Please contact our toll-free number 1800-180-2222 for any assistance or query,” said Punjab National Bank on its Tweet.
These changes come in light of the merger that took place, which saw both the Oriental Bank of Commerce and the United Bank of India merge with Punjab National Bank in April of 2020. The list of new changes to come next month does not stop there.
Punjab National Bank had also announced that it would be waiving all service charges and processing fees on retail products as part of its festival season offering. With that, the bank is offering attractive interest rates that start at 6.80 per cent on a home loan and 7.15 per cent on a car loan.
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