How to change a signature in the Punjab National Bank?

A healthy banking industry is essential for the healthy economy of the country. When issuing cheques or sending money into a savings bank account, customers must sign several times. An individual’s signature serves as their unique identification. When it is used for receiving crucial files, banking, and legal documents, it increases in value. It is essential for banking transactions since any discrepancy in your signature can cause major problems for you in subsequent cheque transactions and other activities.

Reasons For Changing Signatures.

Changes in a signature can occur for various reasons, such as a person changing their name or wishing to add a new design. Signature changes are quite subjective and should be examined case by case. The bank must be notified beforehand in such circumstances. If not, there will be an inconsistency between the bank’s records and the updated signature. Tricksters who profit from such circumstances may find themselves in beneficial situations.

You can update your signature for private reasons. There can be different reasons for changing your signature on your bank account. The reasons are:

• You want to replace your old signature with a new one because you think that your old signature does not match your personality because it reflects who you are.
• Your signatures vary on different bank accounts; therefore, in the future, you want to use the same signature across all your accounts.
• You want to sign your current and savings accounts using separate signatures.
• You want to alter the sign language that you use.
• Over time, the initial signature you provided has changed, and now you want a new one.
• You recently adopted a new signature.
• The old one was simple, and you would like to make it more challenging so that it cannot be duplicated.

Required Documents For Changing Signatures.

When you decide to change your signature in bank accounts, it is, therefore, very essential to notify the bank by completing an application. You can visit the bank with a form of signature change. You are required to produce documents of identification. The documents are as follows:

• Aadhar card
• Voter card
• PAN card
• Driving licence
• Passport
• Identity card with photo issued by the employer
• Two passport-size photographs
• KYC (Know Your Customer) documents for ID proof
• Proof of date of birth

Procedure for changing signatures in the Punjab National Bank.

Changing your signature on your account is incredibly simple. But a legitimate cause must be provided to the bank to permit you to replace your signature. The bank will not let you modify it if you don’t have a good reason.

• You can change your signature by visiting your bank’s home branch closest to you.
• There, you must fill out a standard signature change form to initiate the signature change process, or you can write a letter requesting the bank branch manager to change the signature on your account.
• You must provide all the details of your bank account, such as your PNB account number, your customer ID, which is provided on your bank passbook, and the reason for changing your signature.
• Then sign your ID proof to make it self-attested; otherwise, it isn’t legitimate.
• You must include three identical samples of your new and current previous signatures on file with the bank in the letter you are writing to your branch manager.
• Make a photocopy of your bank passbook and ID proof document where the new and changed signature is available, and attach the documents with the application. You must visit the closest UIDAI centre to obtain an Aadhar, or you can visit the UIDAI website and make the required adjustments.
• In the end, you must go to your local branch and give the bank officials the letter.
• After the consumer provides all of the documentation above to open the account, the bank will check the information on the application form and the documents to see if the customer qualifies for a savings account.

Also Read: How to Apply for Debit Card Online in Canara Bank?

Conclusion.

A savings account is the most widely used financial product in India. You can change the signature on your Punjab National Bank account. Every bank in India provides it. Banks gives customers access to this rudimentary product. It’s fairly easy to update your signature on your Punjab National Bank account if you already have a savings account there and you need to change your signature due to some genuine reason.

FAQs

In PNB, how can I modify my signature?

It would help if you went to the bank branch where you created your account to modify your signature on your savings account. Remember to bring the original documentation so the bank can verify it. Even if it hasn’t changed, don’t forget to include your contact information, email address and mobile number.

What is the duration required to alter a bank signatory?

Fill out the Authorised User and Account Signatories form (PDF). Please be aware that processing your request could take up to 12 working days.

Should I notify my bank if I decide to change my signature?

Let the bankers know if you are no longer signing government documents, bank transactions, etc., with your usual signature. They will get your new signature on your signature card and retain a copy.