How Does a Beneficiary Get Added in PNB Net Banking? Interbank Beneficiary Added to PNB Net Banking One of India’s biggest and most reputable banks is Punjab National Bank. Adding a Beneficiary to your PNB Net Banking Account is the initial step in transferring money from one PNB account to another or from one PNB to another bank.
PNB Net Banking
In PNB Bank, adding a bank beneficiary is a simple process that doesn’t take more than 3–4 minutes if you have all the beneficiary’s account details. You can transfer money via NEFT, RTGS, or IMPS Service only after adding a beneficiary in PNB Online. You may add a new beneficiary in PNB Online by following our step-by-step instructions.
How to Add Beneficiaries in PNB Net Banking
Activate your PNB net banking account before adding a bank beneficiary in PNB Online. Following the instructions below will enable you to add a beneficiary in PNB for interbank transfers of cash or a beneficiary in PNB for transfers of funds inside PNB once your Internet Banking Account has been activated at PNB.
How Do I Add Third Party Beneficiaries To PNB Net Banking?
Those who are beneficiaries of banks other than PNB are referred to as third party beneficiaries. Check out the methods in PNB Bank Online for adding third party beneficiaries today.
Following are some possible uses for the steps:
- Add NEFT beneficiary in PNB Net Banking
- Add IMPS beneficiary in PNB Net Banking
- Add RTGS beneficiary in PNB Net Banking
- Use your User ID and Password to access your PNB Net Banking account.
2) Choose ‘Transactions’ from the Top Menu, and then click ‘Manage Beneficiary’ under ‘Beneficiary Management’.
3) Next, choose ‘Add Other Bank Payee’ from the drop-down menu and press OK.
4) Complete the beneficiary’s information as follows:
- Name: Type the beneficiary’s full name exactly as it appears in bank records.
- Nickname: Enter your own unique nickname here.
- Account Number: Provide the third-party beneficiary’s bank account number.
- Double-check the account number by entering the beneficiary’s bank account number.
- IFSC Code: Indicate the beneficiary’s bank branch’s IFSC code.
- Address: Enter the Beneficiary’s Address.
- Maximum Allowable Limit: The maximum sum that may be sent to the recipient each day.
- Maximum Transactions Per Day: The recipient may only receive a certain number of transactions per day.
5) Check the box next to “Terms and Conditions” and press Continue.
6) At this point, you can view every detail you input. Please double-check these data. If everything is accurate, enter your transaction password and click the Submit button.
Note: When you click “Submit,” the following messages will appear:
Successful addition of the beneficiary.
- Self-confirmation request filed and pending.
Please enter the One Time Password (OTP) given to your registered mobile device for authentication.
7) After clicking Confirm Beneficiary, you must then click Confirm in order to go on to the following step.
8) To complete the transaction, enter the OTP that was sent to your registered mobile number and click “Submit” to send the money to the Beneficiary.
How can I add a beneficiary in PNB for a transfer of funds within a PNB Account?
Beneficiary is a term used inside PNB to refer to a Beneficiary who has an account with PNB. In order to transfer money within PNB, let’s look at how to add a beneficiary in PNB Bank.
1) Use your User ID and Password to sign in to your PNB Net Banking account.
2) Select “Transactions” from the Top Menu, and then click “Manage Beneficiary” under “Beneficiary Management.”
3) Next, choose ‘Add Within PNB Payee’ from the Drop Down Menu, then click OK.
4) Complete the Beneficiary Information shown below:
- Nickname: For reference, provide the beneficiary’s nickname.
Account Number: Type in the Beneficiary’s PNB Account Number. - Maximum Amount Permitted: The most money that may be given to the recipient each day.
- Maximum Transactions Per Day: The maximum number of transactions that may be made to the recipient per day.
5) Select Continue.
6) At this point, you can view every detail you input. Please double-check these data. If everything is accurate, enter your transaction password and click the Submit button.
Note: When you click “Submit,” the following messages will appear:
- Successful addition of the beneficiary.
- Self-confirmation request filed and pending.
- Please enter the One Time Password (OTP) given to your registered mobile device for authentication.
7) To go on to the following stage, where you must click Confirm, click Confirm your Beneficiary.
8) In order to transfer funds to the Beneficiary, enter the OTP that was sent to your registered mobile number in the last step and click Submit.
I hope that using PNB Net Banking to add a new beneficiary is now simple. Please post your comments below if you have any problems with the same.
As a conclusion
It is a rather simple process to become a beneficiary in PNB. Do keep in mind that the beneficiary must be activated before money may be transferred to them.