PNB Cardless Withdrawal: Punjab National Bank, one of the largest banks in the country, has launched a new facility
Punjab National Bank, one of the largest banks in the country, has launched a new facility Millions of customers of Punjab National Bank will get this facility.
Financial transactions have become more convenient for customers Cardless Cash Withdrawal (PNB) has been introduced to facilitate transactions.
As a result of this facility, customers will be able to withdraw money from ATM without using the card from now on Virtual Debit Card has also been launched by the bank.
Atul Kumar Goyal, MD and CEO, Punjab National Bank, said the PNB’s initiative was to further strengthen the recovery in the financial sector.
Many barriers to digital transformation have been redefined by offering some special benefits of PNB.
The method of withdrawing cardless money through ATMs has already started in several banks of the country Under this facility, customers can withdraw money from the ATM of the bank where they have money.
Unified Payment Interface (UPI) is used to withdraw money from ATMs in this way One bank after another has introduced this facility This facility can be withdrawn without an effective ATM card.
Card cloning or other forms of forgery will not be possible The Reserve Bank has started talks to withdraw cardless cash for all banks in the first MPC of the financial year.