How to Transfer a Current Account from One Branch to Another Branch in Punjab And Sind Bank

While opening an account with a bank, we try to open it in a branch which is nearby and is easily reachable. In case, you are relocating yourself and your family to a different place or city, you would definitely like to transfer your existing account to a branch which would be near to your new location.

Transferring an account to another branch is needed because many times we need to visit our branch personally and in today's busy life; it is very difficult to visit a branch which is very far from your location.

Reasons for Transfer of Account from One Branch to Another

  • Relocating yourself to different area
  • Shifting of your job
  • Unsatisfactory Customer Service in Existing Branch
  • Other personal or business purposes

When it comes to transfer the account from one branch to another, you would like to know how to transfer the bank account from one branch to another branch? It is very easy process which doesn't take more than 10 minutes of yours hence no need to worry about it.

How to Transfer Punjab And Sind Bank Current Account from One Branch to Another Branch?

You need to follow these steps for the purpose of transfer of your current account from one branch to another branch:

(1) Visit your Home Branch

You are first required to go to your branch personally where your existing account is. There you would give a request for account transfer.

(2) Submit a request to Transfer your Current Account

You are now required to submit a written application for transferring your current account to another branch. You need to mention the name of the branch properly and with due care, where you want to transfer your existing account. Some banks also require the reason for such transfer.

(3) Submit KYC Documents

You have to submit KYC documents, in case your bank asks for them, which include copies of PAN Cad, Identity Proof and Address Proof.

Punjab And Sind Bank Current Account KYC Documents Required

The banker will verify all the documents and if everything is complete, it will initiate for transferring your account to the new branch. It usually takes 2 to 3 days' time.

(4) Visit your New Branch

After getting the transfer confirmed from your old branch, you may visit to your new branch for confirmation purpose.

Fees Charged to Transfer punjab and sind bank Current Account to Another Branch

punjab and sind bank cannot charge any fees for the transfer of a current account to a different location. Hence, no charges need to be payable by the account holder for transfer of deposit account from one branch to another. Transfer punjab and sind bank Current Account to Another Branch will be totally free of cost.

Important Points regarding Transferring of Punjab And Sind Bank Current Account

(1) Your account number, customer id and other details will remain the same even after transferring your account to another branch.

(2) Get your new address updated in bank's branch in the new branch, if your address is changed by submitting new address proof.

More Operations of Current Account

Punjab And Sind Bank Current Account Document Required
How to Open Current Account in Punjab And Sind Bank
How to Close Current Account in Punjab And Sind Bank
How to Transfer Current Account in Punjab And Sind Bank
Current Account Address Change in Punjab And Sind Bank
Current Account Signature Change in Punjab And Sind Bank