Good News for PNB Savings and Salary Account Holders – Check New Rules

Good News for PNB Savings Account Holders : If you have an account in Punjab National Bank , then this news is very useful for you. The second largest bank in the country offers many types of savings accounts. One of these is PNB My Salary Account. This salary account offers many facilities to PNB customers. It includes facilities like zero initial deposit, sweep facility, overdraft facility, personal accident insurance cover and free credit card. Know about PNB’s My Salary Account.

₹20 Lakh Accident Insurance with PNB My Salary Account

Information about Punjab National Bank My Salary Account has been given on the official website of Punjab National Bank. It has been told that if you open a salary account in this bank, then you are given a personal accident cover of up to Rs 20 lakh.

That is, if the account holder dies due to an accident, then his family members can get an insurance claim of up to Rs 20 lakh. The bank will provide insurance cover of up to Rs 18 lakh for different categories of accounts, but this benefit can be availed only if salary is credited to the account for two consecutive months in a calendar quarter.

The remaining amount of insurance cover is provided as per the existing guidelines issued by HO: DBD from time to time for the use of debit cards.

PNB My Salary Account Offers Overdraft Facility

If you open this account, you are also given the facility of overdraft. Overdraft is a facility in which you can withdraw more money from your account than the existing balance. The amount you withdraw from the account has to be repaid within a certain period and interest is also charged on it. Interest is calculated on a daily basis.

PNB Salary Account Overdraft Limit by Category

In PNB’s My Salary Account, the overdraft limit is mentioned according to different categories. These include overdraft facility of Rs 50000 for Silver, Rs 150000 for Gold, Rs 225000 for Premium and Rs 300000 for Platinum. Along with this, you also get the facility of sweep.

Punjab National Bank Salary Account Types

Silver Account : You can open it on a salary of Rs 10 thousand to Rs 25 thousand.
Gold Account : It can be opened on a monthly salary of Rs 25001 to Rs 75000.
Premium Account : You can open a premium account on a monthly salary of Rs 75001 to Rs 150000.
Platinum Account : You can open a Platinum Account on a salary of more than Rs 150,001.

Good News for PNB Savings Account Holders

If you also have a savings account in the country’s leading bank Punjab National Bank (PNB), then this news is of use to you. Yes, Punjab National Bank has given a big relief to its crores of account holders. PNB has waived the penalty for not maintaining minimum average balance (MAB) in the accounts of all its savings account customers. This rule has been implemented by the bank from July 1, 2025.

Big Relief for PNB Savings Account Holders

In a statement issued by Punjab National Bank , it was said that this step has been taken to promote financial inclusion and empower customers. The bank has taken this decision especially keeping in mind women, farmers and low income families.

After this step of the bank, customers will no longer have to worry about maintaining minimum balance. Punjab National Bank MD and CEO Ashok Chandra said that this decision reflects our commitment towards inclusive banking.

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