PNB Money Transfer

All customers of PNB can use their online fund transfer service. The online PNB transfer money service helps customers of the bank to transfer money from their account to anyone in India. PNB fund transfer service works on mobile phones so that you can easily transfer money from your account to beneficiary’s account in real-time.

Online PNB transfer money service saves you a lot of time as you don’t have to write a cheque and money can be transferred online. As the entire transfer process works online, you don’t have to submit cheque to beneficiary and they will receive credit in their bank account in real-time. Using PNB fund transfer service is extremely simple. Just download our app and register your PNB accounts. After that you can generate a secure banking PIN and use it to transfer funds to anyone in India from your Punjab National Bank accounts.

Online fund transfer service by PNB also lets you transfer funds without adding beneficiaries so that you save time and can transfer money as and when required. All transactions performed via our app are 100% safe and secure. PNB will send you an SMS as soon as the transaction is processed. Similarly, the beneficiary will receive an SMS from their bank confirming the credit.

PNB transfer money service features:

1. Real-time fund transfer from PNB account online
2. Without adding beneficiary transfer funds
3. Own account fund transfer for transferring money between your own PNB accounts
4. Own account fund transfer across banks supported so you can transfer funds from your PNB account to account held with any other bank in India
5. Use fund transfer service 24x7, 365 days a year
6. Online transfer money facility can be used even on all Saturdays, Sundays, bank holidays and public holidays
7. You can transfer money to any bank in India
8. Transfer upto Rs. 1,00,000 per day from your account. This is the maximum limit as set by your bank
9. Upto 10 transfers per day allowed from your account. This is the maximum limit as set by Punjab National Bank
10. No charges for using online PNB money transfer service
11. Bank will send an SMS as soon as funds are transferred
12. Beneficiary will also receive an SMS from their bank, confirming the fund transfer
13. For transferring funds in real-time from your Punjab National Bank account to beneficiary’s account, BHIM UPI is used

Features of Online Money Transfer Service

Money transfer from bank account to anyone in India in real-time

Online PNB money transfer service enables you to do fund transfer from your account to anyone in India in real-time. It is not necessary for the beneficiary to have an account with PNB. They can have accounts with any bank in India and you can still do fund transfer in real-time.

Without adding beneficiary transfer money

Typically for online fund transfers you have to register and activate beneficiaries. But using our app you can do quick fund transfer without adding beneficiaries. For initiating fund transfer you only require beneficiary’s account number and IFSC code.

Fund transfer to Self account

One major advantage of online PNB transfer money service is that you can transfer funds between your own accounts easily. If you have multiple accounts with the bank then you can easily transfer funds from one account to another. In fact even if you have accounts with other banks you can transfer money from Punjab National Bank account to other bank accounts.

BHIM UPI ID transfer money

Using online PNB transfer money service you can even transfer money to beneficiary’s BHIM UPI ID. This helps you transfer money without requesting for beneficiary’s bank account number & IFSC code. Once you transfer money, it will be credited in the beneficiary’s bank account which is linked with their BHIM UPI ID. Fund transfer is done in real-time.

Transfer money to mobile number

Using our app you can even transfer money to your friends and family via their mobile number without requesting for their bank account number & IFSC code or BHIM UPI ID. Their bank account which is linked to their mobile number in our app will get credited in real-time after you transfer money to them.

Transaction limit

Transfer limit is upto 10 transfers on a daily basis, upto a total of Rs. 1,00,000. This is the transfer limit as set by Punjab National Bank.

Zero fees for using online money transfer service

PNB offers online money transfer service for free of cost so that you don’t have to pay any charge for transferring money from your bank account to any account in India.

24x7 service

Online money transfer service is available 24x7 so that whenever required you can do fund transfer in real-time. This helps you do money transfers without visiting the branch or ATM. This service also works on weekends, bank holidays and public holidays.

PNB Online Money Transfer security

100% security for PNB Online Transfer Money is ensured in the following ways:

1. PNB UPI registration for your bank accounts can only be done on your mobile due to linking of your mobile number with your account
2. Before using BHIM services, you must create a new secure UPI PIN using your debit card
3. While performing transactions on your mobile you have to use your PNB UPI PIN. No transaction will go through without this secure UPI PIN
4. App password can be created so that no one can even open the app without knowing your app password
5. PIN or pattern lock can be created for your phone so that no one can open your mobile

Eligibility conditions for using Online Money Transfer Service

To use PNB Online Fund Transfer service you have to meet the following requirements:

• You should have a savings or current account with PNB
• Your mobile number should be registered with your bank
• You should have Android or iPhone mobile phone
• You should have an internet connection either via SIM card or WiFi