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Home India

Cheque Books Of These Banks Will Not Be Valid From Next Month

by OB Bureau
September 9, 2021
in India
Reading Time: 2 mins read
Cheque Books Of These Banks Will Not Be Valid From Next Month
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New Delhi: Punjab National Bank (PNB) has alerted its customers and account holders that from next month i.e., October 1, the existing cheque books of the Oriental Bank of Commerce (OBC) and United Bank of India will be discontinued. PNB has also requested its customers to replace their old chequebooks as soon as possible.

A tweet issued from the bank’s official Twitter account read: “The old cheque book of eOBC and eUNI are going to be discontinued from 1-10-2021. Please replace your old cheque book of e-OBC and e-UNI with the PNB cheque book with updated PNB IFSC and MICR.”

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It was also mentioned that account holders who are looking to make the changes could do so in a few different ways. The bank stated that account holders can apply for a new cheque book through either ATM, internet banking, PNB One or via a call centre.

“Get your new cheque book from your branch or apply through ATM/IBS/PNB ONE. All customers are requested to use new PNB Cheque Book with updates PNB IFSC and MICR only from now onwards to avoid any transactional inconvenience. Please contact our toll-free number 1800-180-2222 for any assistance or query,” said Punjab National Bank in its Tweet.

Both the Oriental Bank of Commerce and the United Bank of India were merged with Punjab National Bank in April of 2020.

Additionally, PNB has decided to waive all service charges and processing fees on retail products as part of the holiday season offers. The bank will also be waiving the documentation charges on its retail products such as home loans, vehicle loans, property loans, personal loans, pension loans and even gold loans.

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