Big change from TODAY! PNB customers may not be able to withdraw cash from ATM; here is why

The Punjab National Bank (PNB) customers may not be able to withdraw cash from PNB ATM from February 1, 2021 if they have ignored this very important message of the public sector bank. The public sector bank has made it public that it will be restricting transactions (both financial and non-financial) from Non-EMV ATM machines from 1st February 2021. The PNB has taken this decision to ensure safety of the PNB customers from the fraudulent ATM activities.

The PNB has already informed its decision to its customers from its official twitter handle: "To protect our esteemed customers from fraudulent ATM activities, PNB will be restricting transactions (financial & non-financial) from Non-EMV ATM machines from 01.02.2021. Go Digital, Stay Safe!"

What is non-EMV PNB ATM

To protect our esteemed customers from fraudulent ATM activities, PNB will be restricting transactions(financial & non-financial) from Non-EMV ATM machines from 01.02.2021. Go Digital, Stay Safe!

#TransactioKaroFearless #ATM pic.twitter.com/puvHq7fda3

— Punjab National Bank (@pnbindia) January 14, 2021

Non-EMV PNB ATMs are those ATMs where bank customers need not to use their debit card for cash withdrawal or to execute any other bank transaction. In such ATMs, Data Magnetic Chips enabled reading is done by the ATM machine and for a few seconds one's debit card gets locked.

PNB customers can switch their debit cards on or off 
 

See Zee Business Live TV Streaming Below:

Punjab National Bank has introduced PNB One App that allows PNB debit card users to switch on or off their debit card through this app. What they need is to download this PNB One app in their Smartphone or Android phone from the Play Store.

Tags: Punjab National Bank, Personal Finance