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

What is the Difference Between NEFT and RTGS: Charges & Transactions

Electronic Funds Transfer (EFT) systems in India have been in use for several decades and have undergone significant advancements in recent years. These systems allow for the transfer of funds electronically between banks, financial institutions, and individuals. The Reserve Bank of India (RBI) is the regulator for Electronic Fund Transfer (EFT) systems in the country, and it has implemented several measures to ensure the security and reliability of these systems. The Indian government has also been promoting the use of Electronic Fund Transfer (EFT) systems for various government schemes and services, such as the [ direct benefit transfer (DBT) scheme](https://upstox.com/saving-schemes/what-is-dbt-direct-benefit-transfer-in-agriculture/), which aims to transfer government benefits directly to the bank accounts of beneficiaries. This has helped to increase the transparency and efficiency of government services and has also helped to reduce corruption. The Electronic Fund Transfer systems in India have played a significant role in the growth of the digital economy in the country and have greatly increased the accessibility and convenience of financial transactions for individuals and businesses. One of the most widely used EFT systems in India is the [ National Electronic Funds Transfer (NEFT)](https://upstox.com/banking/what-is-neft-meaning-timings-full-form-charges-and-how-to-transfer-money/) and Real Time Gross Settlement (RTGS) system. It allows for the transfer of funds between banks in India and is available 24x7.

IMPS vs. NEFT: Key Differences And Benefits

If you use electronic payment systems, you should be familiar with IMPS and NEFT. Both of these are strategies for moving money from one bank account to another. Understanding how each of these methods of money transfer works might help you choose the best approach for your needs. Let's go over these methods in depth!

Best Fixed Deposit Rates in India

Fixed deposits (FDs) are a popular investment option in India, providing a low-risk and stable source of income. Banks and other financial institutions offer FDs, providing a fixed interest rate for a predetermined period. Finding the best-fixed deposit rates in India can be beneficial several reasons. Firstly, FDs provide a low-risk and secure investment option for risk-averse individuals who prefer a guaranteed return on their investment. Secondly, banks and financial institutions' interest rates on FDs are generally higher than those offered on savings accounts. Lastly, FDs provide a stable source of income, which is especially important for retirees and those who rely on a fixed income to cover their expenses.

Allahabad Bank Netbanking

Technology has made it easier to fulfil the traditional package of banking services , basic and complex across the customer profile. Although the set of financial functions have not changed, digital banking has indeed made the fulfilment process more efficient and cost effective. As a case study, let us take a closer look at Allahabad bank net banking services. As one of India's oldest banks, Allahabad Bank was established in 1865 and has an operating history of over 150 years. The Bank has come a long way since inception, having evolved from a private bank formed by Europeans living in Allahabad to being nationalised in 1969 and then finally being amalgamated with Indian Bank 2020. This new entity enjoys the benefits of a larger balance sheet, wider and deeper geographic reach and a comprehensive portfolio of services, both online and offline for retail as well as corporate customers. Indian Bank has a strong domestic footprint with a branch network comprising 5,809. Besides, the bank also has footprints overseas across three branches, one each in Singapore, Colombo and Jaffna (as on June 30, 2021).