Customers of PNB to pay higher charges for non-credit services
August 8th, 2017
Come September, PNB customers will have to pay charges for depositing cash above Rs. 5,000 in a non-base branch even if it is located in the same city. Currently, the customers of Punjab National Bank have levied charges only for depositing cash over Rs. 25,000 at a non-base branch within the same city. It has been decided to revise the non-credit related charges (exclusive of GST) with effect from September 1st, 2017 for cash deposit above Rs. 5,000 at other than base branch within the same city. A customer will have to pay Re 1 per Rs 1,000 for above Rs 5,000 cash deposit or part thereof with a minimum of Rs 25 per transaction. At an outstation branch, cash deposit up to Rs 5,000 will be free of cost from September 1, which at present is limited for Rs 25,000.