Business

PNB launches “Revamped PNB One”, a one-stop digital platform for financial inclusion solutions

PNB launches an array of services with the revamp of “PNB One”

Punjab National Bank (PNB), the country’s main public sector bank, has updated its mobile banking app, PNB One, with new features ranging from account statements, cash transfers, and balance enquiries to Cardless Cash withdrawals, Preapproved Personal Loans, Prequalified Credit Card, and more.

The improved interface will provide exclusive services for farmers by introducing the option of Kisan Credit Card (KCC) digital renewal, allowing qualified clients to renew their KCC accounts for amounts up to Rs.1.6 lakh on their own.

The service is also available via SMS, missed calls, OVR, PNB Internet Banking, and the PNB Corporate Website.

Additionally, the app will also offer Instant Pre-Approved Personal Loans (PAPL) to its non-salaried customers for amounts up to Rs.6 lakh in just four clicks.

The revamped PNB One app augmented with a new user interface, and some added features like the introduction of numeric TPIN, IMPS using account number & IFSC code, payments using app scanner for all QR code & nominee details management was launched by Shri Atul Kumar Goel, MD & CEO of PNB, at the Bank’s head office in New Delhi.

The inauguration occurred in the presence of Executive Directors – Shri Sanjay Kumar, Shri Vijay Dube, and Shri Kalyan Kumar along with CGMs, and other senior officials.

“Punjab National Bank has always been a frontier of innovation and appreciated the value of digital banking. Today our customers including millennials at large, are exposed to digital channels. They avail services like UPI payments, fund transfers, and pay bills hassle-free. Thus, it is imperative to introduce best-in-class digital offerings and capabilities.

Today, I am pleased to inform that the PNB One app has been upgraded to a more modern interface to provide a better experience for all of our customers.”

Shri Atul Kumar Goel, MD & CEO of PNB, said:

PNB has created an exclusive digital tool for its business customers, iPaCSPro (Integrated Payments and Collection Services), to help them handle their receivables and payables more efficiently.

iPaCSPro is a combination of several Cash Management systems that provides corporate customers with a single platform for all of their banking needs.

This article was shared with Prittle Prattle News as a Press Release.

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