Cheque books of Oriental Bank of Commerce (OBC) and United Bank of India (UBI) will be discontinued from 1st of October.

Punjab National Bank took to Twitter to inform citizens about the same. “Take note & apply for your new cheque book through ATM, Internet Banking, PNB One, Branch,” the bank captioned a tweet with an announcement.

“The old cheque book of eOBC and eUNI are going to be discontinued from October 1, 2021. Please replace your old cheque book of e-OBC and e-UNI with the PNB cheque book with updated PNB IFSC and MICR,” PNB tweeted from its official account.

“All the customers are requested to use new PNB Cheque Book with updated PNB IFSC & MICR only from now onwards to avoid any transactional inconvenience,” read the announcement.

Also Read: PNB scam: UK court rejects Nirav Modi’s extradition plea

The bank has shared a toll-free number for assistance where customers can call up if they have any queries.

On March 31, Punjab National Bank had announced that OBC and UNI customers’ cheque books would be valid till June 30 and had requested customers to apply for new PNB cheque books.

In August 2019, finance minister Nirmala Sitharaman had announced the consolidation of 10 state-run lenders into four bigger banks.

Punjab national Bank (PNB), Oriental Bank of Commerce (OBC) and United Bank of India (UBI) had been merged to form the second-largest state-run bank in the country.

Earlier several customers were curious to know what would happen to their debit cards and internet banking after April 1, 2021.

According to a tweet by PNB, the user ID of the old customers of Oriental Bank of Commerce and United Bank of India had been changed.

After the merger of OBC and UBI banks with PNB, the MICR Code and IFSC Code also changed from April 1, 2021. That meant that the account holder would no longer be able to transact with the old user ID.

Additionally, customers were informed that if they did not change the User ID they will also not be able to use Net Banking.



Latest Stories

Leave a comment

Leave a comment