How Do I Add a Beneficiary in PNB Net Banking? Add an Inter Bank Beneficiary to PNB Net Banking: One of India’s largest and most reputable banks is Punjab National Bank. You must first add a Beneficiary to your PNB Net Banking Account before you may transfer money from one PNB account to another or from one PNB to another bank.
PNB Net Banking
If you have all the beneficiary’s account details, adding a bank beneficiary in PNB Bank is a simple process that shouldn’t take more than 3–4 minutes. You can transfer money using the NEFT, RTGS, or IMPS Services only after adding a beneficiary in PNB Online. We will walk you through each process of adding a new beneficiary to PNB Online.
The steps for adding beneficiaries in PNB Net Banking You must activate your PNB net banking account in order to add a bank beneficiary in PNB Online. Once your PNB Internet Banking account has been activated, you may use the instructions below to add a beneficiary for an intra-PNB transfer of money or a beneficiary for a third party (inter-bank beneficiary).
In PNB Net Banking, how can I add a Third Party Beneficiary? A beneficiary of any bank other than PNB is referred to as a third party beneficiary. Check out the procedure for adding a third party beneficiary in PNB Bank Online today.
The following instructions can be used to:
- Add NEFT beneficiary in PNB Net Banking
- Add IMPS beneficiary in PNB Net Banking
- Add RTGS beneficiary in PNB Net Banking
1) Enter your User ID and Password to access your PNB Net Banking account.
2) Click on “Manage Beneficiary” under “Beneficiary Management” in the “Transactions” section of the top menu.
3) Next, choose ‘Add Other Bank Payee’ from the Drop Down Menu, and then click OK.
4) Complete the Beneficiary’s information as follows:
- Name: Type the Beneficiary’s Full Name exactly as it appears in bank records.
- Nickname: Provide a nickname for yourself.
- Account Number: Type in the beneficiary’s bank account number.
- Re-enter the bank account number of the third party beneficiary to confirm the account number.
- IFSC Code: Type in the IFSC code for the beneficiary’s bank branch.
- Address: Type in the Beneficiary’s Address.
- The maximum amount that may be transmitted to the beneficiary each day is called the Maximum Limit Allowed.
- Maximum Number of Transactions: The beneficiary may only be the subject of a maximum number of transactions per day.
5) Check the “Terms and Conditions Box” and press the “Continue” button.
6) You can now view all the information you input. If everything is accurate, double-check these data, enter your transaction password, and click Submit.
Note: When you click “Submit,” you will receive the following messages:
Beneficiary has been successfully added.
- Request submitted and awaiting self-confirmation.
- For authentication, please enter the One Time Password (OTP) issued to your registered mobile device.
7) Click on Confirm Beneficiary to move on to the following stage, where you must click on Confirm.
8) To complete the transfer of money to the Beneficiary, enter the OTP that was sent to your registered mobile number and click “Submit”.
How do I create a beneficiary in PNB so that I may transfer money inside of my PNB account?
A beneficiary with a PNB account is referred to as a beneficiary within PNB. Now let’s look at how to add a beneficiary in PNB Bank so that money may be transferred within PNB.
1) Use your User ID and Password to access your PNB Net Banking account.
2) Click ‘Transactions’ from the Top Menu, then ‘Manage Beneficiary’ from the ‘Beneficiary Management’ section.
3) After that, choose ‘Add Within PNB Payee’ from the Drop Down Menu, and then click OK.
4) Complete the following Beneficiary Information:
- Nickname: Type the beneficiary’s nickname here for reference.
- Account Number: Type in the beneficiary’s PNB account number.
- Maximum Limit Allowed: The maximum amount that may be transferred to the recipient each day.
- Maximum Number of Transactions: The maximum number of transactions that may be made to the beneficiary in a single day.
5) Press the Continue button.
6) You can now view all the information you input. If everything is accurate, double-check these data, enter your transaction password, and click Submit.
Note: When you click “Submit,” you will receive the following messages:
- Beneficiary has been successfully added.
- Request submitted and awaiting self-confirmation.
- For authentication, please enter the One Time Password (OTP) issued to your registered mobile device.
7) Click Confirm Your Beneficiary to move on to the following stage, where you must click Confirm.
8) To complete the transfer of money to the Beneficiary, enter the OTP that was sent to your registered mobile number and click Submit.
I hope that adding a new beneficiary to PNB Net Banking is now simple. You can comment below if you have any problems with the same.
Last Words:
Being a beneficiary at PNB is a very simple process. Do not forget that the beneficiary must be activated before money may be transferred to them.