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How do I return a damaged note in India?

Posted on October 22, 2022 by Author

Table of Contents

  • 1 How do I return a damaged note in India?
  • 2 How do you check my PNB account is active or not?
  • 3 What if bank makes mistake in deposit?
  • 4 Do banks take damaged notes?
  • 5 How can I activate my inactive bank account in PNB?
  • 6 Can I open two account in PNB bank?

How do I return a damaged note in India?

The Reserve Bank of India rule also states that if the currency notes are torn into several pieces, they can be used and even if any part of the torn note is missing, it can be replaced. Normal mutilated notes can be exchanged at any of the bank branch counters or any RBI office.

How do you check my PNB account is active or not?

0120-2303090

  1. Give a missed call to PNB Balance Enquiry toll-free number 18001802223 from the mobile number registered with the bank.
  2. The call will automatically disconnect after short rings.
  3. The user will get an SMS with PNB Account Balance (Savings Account, Current Account, Cash Credit and Overdraft)
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What if bank makes mistake in deposit?

Although it’s unlikely, it is possible for a deposit to be mistakenly credited to the wrong person’s account. When this happens, whether the bank error is in your favor or someone else’s, the bank will eventually reverse the transaction and credit it to the correct account.

What happens when you deposit the wrong amount?

Usually the bank will accept the deposit, but it will be for the amount on the check, not what you type in. For example, if the check is for $40, and you accidentally type $50, then the deposit will be $40. That’s how most banks do it.

Can I exchange damaged money at the bank?

If it is damaged but not mutilated and you do not want to use that currency for any reason, you can exchange that money at your local bank. Money that has been mutilated or extensively damaged beyond repair or use should be submitted to the US Bureau of Engraving and Printing or the US Mint.

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Do banks take damaged notes?

Anyone with a damaged note can apply to the Bank of England to exchange it. The Bank will give “reasonable consideration” to claims where banknotes have been damaged accidentally. As a general rule there should be evidence of at least half a banknote before it can be reclaimed.

How can I activate my inactive bank account in PNB?

How to Reactivate Dormant Account in Punjab National Bank?

  1. Submit a request for activation of your account through Internet banking. You need to visit the website of Punjab National Bank.
  2. By Calling the Customer Care Number of Punjab National Bank.
  3. By Contacting your home branch of Punjab National Bank.

Can I open two account in PNB bank?

You may have different accounts, in case the customer-id of the accounts is same, then all accounts would be displayed automatically under the single Internet Banking user id.

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