April 26, 2023

PNB Passbook - mPassbook: App Download, Login, & Online

PNB Passbook & mPassbook: Components, Purposes, and More

The savings account of PNB comes with the option of online banking facilities. Today PNB bank account holders can easily check their bank account statements through the dedicated banking app. But if you are looking for a conventional approach, you might consider checking account statements from the PNB passbook.
It is a paper book that holds information of the account holder about financial activity taking place through their accounts. To have a detailed idea about the PNB passbook, check out the following sections.

Components of the PNB Passbook

PNB passbook is included in the bank's welcome kit for those who open an account with this financial institution. This merely offers a record of your transactions in detail. Different components that are available in the PNB passbook are as follows:
  • Account holder's name, address, contact number, account number, customer ID, and scheme ID.
  • Bank's name, branch address, IFSC, details of the account nominee, and date of opening the account.
After the first page, all other pages remain empty, in which all your transaction details will be printed. Typically, these pages are divided into different sections. This includes balance, credit, debit, particulars transaction id, and date.

Purpose of PNB Passbook

Mentioned below is the list of purposes for using a PNB passbook that every account holder must know.
  • One of the primary purposes of a PNB passbook is to provide the history of account transactions. It keeps a record of all your account statements by printing all information in the booklet, including the amount credited and debited, the date of the transaction, and the current balance available in the account.
  • Besides offering precise transaction statements, this book also lets you track and monitor the cash flow of your bank account. Consequently, if you have multiple bank accounts, tracking and monitoring them will enable you to manage them effectively. Prior access to your transaction history will enable you to strategize and plan your savings better.

How to View PNB Passbook Online?

In the era of digitalisation, PNB account holders can easily check their passbooks online via the PNB mPassbook facility. It is a digital version of a physical passbook where you can easily check the account statement through the mobile application of Punjab National Bank. Following are the steps to use this online tool.
Step 1: Log in to your PNB account through PNB mobile banking and click on mPassbook section.
Step 2: After opening the mPassbook, fill in the necessary information like account number, date and time. It is important to note that the date-to-date difference cannot be greater than 365 days.
Step 3: The screen will display all your transaction details for the selected period.
Step 4: Lastly click on the download option and save the file of your account statement.

What are the Features of the PNB mPassbook?

Here is a list of some of the key features of this application.

MPIN-Based Login

Through a 4-digit secret code, you can now easily log in to the banking app. This facility allows customers to log in with the bank without any hassle, saving the trouble of having to remember usernames and passwords.

Customer ID-Based Registration

With the help of the customer ID Based registration feature, you can view multiple account details at once.

Detailed Account Statements

On PNB mPassbook, you can view both mini and detailed statements of your bank account. Moreover, with PNB mPassbook, you can conveniently view the transaction history of different account types like Savings, Overdraft, Current, and Recurring.

Direct Email

mPassbook app comes with a facility where customers can directly send their detailed account statement to their registered email account with just a few clicks.

Download and Save the Statement Promptly

With PNB mPassbook you can save and download the detailed statement to your mobile devices without having to scan the traditional passbooks. It is simple and convenient to view and download account information at any time and from any location.

What are the Benefits of Using PNB mPassbook?

Here are some of the notable advantages of using a PNB mPassbook:

Time-Saving and Convenient

PNB's mPassbook facility was introduced to offer convenience to their customers. With PNB mPassbook customers can access information about their recent transactions at any time and from any place without any hassle. Today, you can avoid standing in a long queue and conveniently retrieve information on the latest transaction on your mobile phone anytime.

Safe and Secure

Another prominent benefit of using the mPassbook is that it is technologically secure. This signifies that nobody can access the mPassbook app without the 4-digit secret code or MPIN.

Free to Use

Alongside all the other perks extended by PNB mPassbook, not including any additional charges is one of the notable ones. The mPassbook application is readily available on the internet. Also, there are no restrictions on its usage and one can use it as many times as he/she wants.

Requirements of PNB mPassbook

To use PNB mPassbook it is imperative to meet the following requirement.
  • Individuals must be customers of PNB with registered mobile numbers.
  • Individuals must have an Android with a 5.1 version and above or an IOS mobile phone with version 9 and above.

Final Word

PNB passbook is a useful tool that helps an individual to keep a track of his/her deposits and withdrawal. It provides methods for updating daily transactions. You can also keep your banking credentials secure through the mPassbook application.

Never miss a trading opportunity with Margin Trading Facility

Enjoy 2X leverage on over 900+ stocks

Upstox Margin Trading Facility
Apple Logo
Downloadlogo
iOS App
Google Play Logo
Downloadlogo
Android App

RELATED ARTICLES

Reserve Bank of India - RBI Holidays -2022

Remember ! your good old school calendar in which our favourite page was the list of holidays chalked out at the beginning of each academic year. Just knowing this piece of information meant so much to us. Similarly, within the banking sector, the Reserve Bank of India ( RBI) is the apex body which publishes a detailed list of bank holidays, national and state-wise at the beginning of each calendar year. The RBI, India’s Central bank, also called as the banker’s bank key responsibility is to regulate and supervise the monetary and other banking policies of the financial sector which comprises financial institutions, commercial banks, non-banking financial companies. As an extension to its core responsibilities, the RBI publishes a list of holidays at the beginning of each calendar year. As per the holiday list, whether it is national specific or regional specific, banks would not be operational on those dates. Say for example: Republic Day, Independence Day, and Gandhi Jayanti are the only three National holidays; all other holidays are state-specific. For example: Banks remained closed on September 7-8, 2022 in Kerala for the Onam and Thiruvonam respectively. There will be a bank holiday on September 26, 2022 in Jaipur and Imphal for Navratri Sthapna. This comprehensive list of holidays is in addition to weekend Sunday holidays as well as alternate second and fourth Saturdays holidays during which all Banks across India remain closed. Consequently, the Banks across India would remain open on the 1st, 3rd and 5th Saturdays of every month (as per the notification of the RBI dated 28th August, 2015). The main purpose of declaring this comprehensive holiday list ( details given in Annexure) in advance at the beginning of each calendar year is to make you aware of the impending holidays so that you can plan your banking transactions accordingly with minimal stress. Consequently, it is mandatory for every bank across the Central / State Governments / Union Territories to follow the guidelines issued by RBI. Just to delve a bit deeper, this comprehensive list of holidays published by RBI is categorised as: - State-wise celebrations - Religious holiday - Festival celebrations and the basis of these holidays is governed by: - Holiday under Negotiable Instruments Act Real Time Gross Settlement Holiday - Banks’ Closing of Account The RBI holiday list is applicable to traditional banking transactions. As an netbanking and mobile banking customer, you can access your account 247365. You can also transact through NEFT payment service which is also available for 24×7365 (including bank holidays). However, in case of RTGS ( Real Time Gross Settlement) payment process, the 2nd and 4th Saturdays and all Sundays in a month are RTGS Holidays for every bank in India as per RBI guidelines. Besides, there is a list of additional RTGS holidays 20222 (apart from the already given holidays on 2nd & 4th Saturdays and every Sunday).

Allahabad Bank Balance Enquiry Toll Free Number & How to Check by Missed Call & SMS

Allahabad Bank, one of the leading public sector banks in India was merged with and amalgamated into Indian Bank on 1st April 2020. It offers a range of services to its wide customer base both online and offline. You can carry out various functions such as transactions, balance enquiries, money transfers, etc. easily and conveniently. The following sections discuss the various ways of Allahabad Bank balance enquiry in detail.

A Historical Analysis of Demonetisation: Lessons from Around the World

Demonetisation is a significant policy decision that various countries have implemented worldwide to address economic challenges and promote financial reforms. In this blog post, we will explore the concept of [demonetisation](https://upstox.com/savings-account/what-is-demonetisation-meaning/), highlight several countries that have undertaken this measure, including India, and examine the motivations, impacts, and lessons learned from these exercises. Let's dive into this fascinating topic.

Punjab National Bank (PNB) Corporate Banking

- 'XYZ Cement Ltd.' plans to expand its installed capacity by setting up a greenfield manufacturing plant. The company is seeking to evaluate the means to finance this capex. - 'ABC Communications Ltd', a telecom service provider plans to pare its burgeoning debt position. The company is seeking customisable financial products to meet its requirement. - 'DEF trading Ltd' has recently on-boarded new customers. The company is seeking a working capital loan to meet its requirement. Welcome to the realm of corporate banking wherein banks provide a comprehensive, customisable suite of services to small, medium and large businesses, across the government and private sector undertakings. The services suite comprises: - Long-term loans - Short-term working capital loan - Syndicate lending - Treasury products such as Forex hedging solutions and advisory services - Cash management - Risk management services - Trade finance - Commercial real estate - Equipment financing - Payment processing - Private equity financing - Netbanking and mobile banking multi-channel services As an empirical example, let us take a look at Punjab National Bank(PNB). Headquartered in New Delhi, Punjab National Bank is India's second largest public sector undertaking, backed by an asset base of ₹1,339,301 crore ( FY2022), spread across a wide network, domestic and overseas and with a customer base of 180 million. Now let us look at the nuances of net banking services- registration, login process, eligibility criteria etc. - To begin with, as long as you have the relevant KYC documents, you can avail the bank's digital banking services. - You could either download the application form from the official web portal, www.pnbindia.in or visit the nearest branch to avail the e-registration form. - Once the details have been filled in the application form and submitted, the bank would send the username or customer ID as login credentials for digital services. - Now login with these credentials into the web portal. - You will be asked to enter an OTP which will be sent on your registered mobile number. - You would be required to list down a set of seven Q&As and then and then select an image. - As a cyber security practice, it is advisable to change your password after the first login. Always ensure that the password is coded as cryptic. - Once your password has been authenticated, you can login with the same. So basically, the digital services portfolio provides: - Seamless, simplified and speedier channel as you can access your account 247365, everytime, everywhere. - Easy and quick processing of adding benedixiaey to your account. - Easy and quick process for limit setting. - You can also avail the facility of 'future transaction management', provisions for recurring transactions as you can schedule them as per your business requirement. - Customers can also utilise the online channel to pay their direct/indirect taxes, insurance premiums and mutual fund payments etc.