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Index Fund Corner
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| Scheme Name | 1-Year Return | Invest Now | Fund Category | Expense Ratio |
|---|---|---|---|---|
| Axis Nifty 50 Index Fund | +32.80% | Invest Now | Equity: Large Cap | 0.12% |
| Axis Nifty 100 Index Fund | +38.59% | Invest Now | Equity: Large Cap | 0.21% |
| Axis Nifty Next 50 Index Fund | +71.83% | Invest Now | Equity: Large Cap | 0.25% |
| Axis Nifty 500 Index Fund | — | Invest Now | Equity: Flexi Cap | 0.10% |
| Axis Nifty Midcap 50 Index Fund | +46.03% | Invest Now | Equity: Mid Cap | 0.28% |
This applies to accounts due for KYC updation as of December 31, 2024.
Customers can update KYC details by providing identity proof, address proof, a recent photo, PAN/Form 60, income proof, and mobile number (if not available). They can submit the details at a PNB branch, through PNB ONE, Internet Banking Services (IBS), or via registered email/post to their base branch.
Failure to update KYC may lead to restrictions on account operations. Customers can visit the nearest PNB branch or check the official website for assistance, the lender said.
PNB has warned customers not to click on links or download files from unverified sources for KYC updates.
How to check PNB KYC status
To check your KYC status, follow these steps:
- Log in to PNB Online with your credentials.
- Under personal settings, check your KYC status. The screen will display if you need to update your KYC or not.
Steps to complete eKYC through PNB ONE App
Customers can complete their eKYC through the PNB One app by following these steps:
- Log in to the PNB ONE App.
- Check your KYC status.
What is KYC?
KYC stands for “Know Your Customer” and is a process used by banks and financial institutions to verify the identity of their customers. It ensures that the institution is not dealing with any fraudulent activity, money laundering, or financial crimes.
The process involves submitting documents such as proof of identity, proof of address, and other relevant details.
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