Punjab National Bank (PNB) has rung the alert for the record holders of Oriental Bank of Commerce (OBC) and the United Bank of India (UBI). One of the biggest state-possessed banks said that the old checkbooks of the account holders of the two banks will be of no utilization beginning from October 2021. PNB has additionally encouraged clients to apply for another checkbook right away. Taking it to Twitter, the bank said, "Old chequebook of eOBC and eUNI will be ceased from 01-10-2021. Kindly supplant your old actually look at chequebook of eOBC and eUNI with PNB really take a look at chequebook with refreshed PNB IFSC and MICR."
The new guideline becomes effective after the combination of OBC and United Bank into the PNB in April 2020. Aside from these two, four other public area banks were converged into anchor banks under the government's uber combination plan. Under the arrangement, Syndicate Bank was converted into Canara Bank, Andhra Bank and Corporation Bank into Union Bank of India, and Allahabad Bank into Indian Bank.
Following the solidification, PNB has turned into the country's second-biggest after State Bank of India (SBI), Canara Bank fourth, Union Bank of India fifth, and Indian Bank seventh greatest public area loan specialist. There were upwards of 27 public area banks (PSBs) in 2017. After the consolidation, the complete number of public area banks in the nation descended from 18 to 12 in the new monetary year.
For those unenlightened, the Indian government had blended Oriental Bank of Commerce and United Bank of India converged with Punjab National Bank with impact from 1 April 2020. That is the motivation behind why passbooks and IFSC codes, among different subtleties, of the banks are refreshing. The bank has additionally requested that the clients supplant their checkbooks with the PNB's refreshed IFSC and MICR checkbooks. In case you're a client of Oriental Bank of Commerce or United Bank of India, then, at that point, you can undoubtedly the new checkbook by visiting the part of PNB.
You can likewise apply for a checkbook in the accompanying manners:
1. Spot a checkbook demand by visiting the PNB ATM.
2. Apply for a checkbook utilizing web banking.
3. Solicitation for a checkbook through PNB One application
4. Apply for a checkbook by calling the call community.
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