How Does PNB Nett Banking Add a Beneficiary? Beneficiary Inter Bank Added to PNB Nett Banking: In India, one of the largest and most reputable banks is Punjab National Bank. You must first add a Beneficiary to your PNB Nett Banking Account before you may transfer money from PNB to PNB or 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 use NEFT, RTGS, or IMPS Service to transfer funds only after adding a beneficiary in PNB Online. We’ll walk you through each process of adding a new beneficiary to PNB Online.
How to Add a Beneficiary in PNB Nett Banking
You must first activate your PNB nett 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 procedures below to add a beneficiary for interbank transfers of cash or a beneficiary for transfers of funds inside PNB.
How can I add a third party beneficiary in PNB Nett Banking?
Third Party Beneficiary refers to a beneficiary of any bank other than PNB. Let’s look at how to add a third party beneficiary in PNB Bank Online.
You can use the instructions below to:
- Add NEFT beneficiary in PNB Net Banking
- Add IMPS beneficiary in PNB Net Banking
- Add RTGS beneficiary in PNB Net Banking
1) Use your User ID and Password to access your PNB Nett Banking account.
2) Click ‘Transactions’ from the Top Menu, then ‘Manage Beneficiary’ from the ‘Beneficiary Management’ section.
3) After that, choose ‘Add Other Bank Payee’ from the Drop Down Menu, and then click OK.
4) Complete the following Beneficiary Information:
- Name: Type the Beneficiary’s Full Name exactly as it appears in the bank’s records.
- Nickname: Provide a nickname for your personal use.
- 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: Enter the IFSC code for the beneficiary’s bank branch.
- Address: Type the Beneficiary’s Address here.
- 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) Check the “Terms and Conditions Box” and press the Continue button.
6) You may now view all the information you have submitted. If everything is accurate, kindly double-check these data, enter your transaction password, and click Submit.
Note: After clicking “Submit,” you will receive the following messages:
Beneficiary was successfully added.
- Request has been submitted and is awaiting self-confirmation.
- To authenticate, please enter the One Time Password (OTP) issued to your registered mobile device.
7) Click Confirm Beneficiary to go on to the following step, 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.
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 Nett 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: Enter the beneficiary’s nickname here for reference.
- Account Number: Enter the beneficiary’s PNB account number.
- 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) Press the Next button.
6) You may now view all the information you have submitted. If everything is accurate, kindly double-check these data, enter your transaction password, and click Submit.
Note: After clicking “Submit,” you will receive the following messages:
- Beneficiary was successfully added.
- Request has been submitted and is awaiting self-confirmation.
- To authenticate, please enter the One Time Password (OTP) issued to your registered mobile device.
7) You must now click on Confirm your 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”.
I hope it is now simple for you to create a new beneficiary in PNB Nett Banking. You may leave your comments below if you have any problems with the same.
Last Words
To become a beneficiary at PNB is a fairly simple process. Keep in mind that the beneficiary must be activated before money may be transferred to them.