PNB Stops Stimulation: Bad news for PNB’s 18 million customers, banks closed the facility immediately. If your account is held at Punjab National Bank (PNB), these news will help you. If you pay digitally with a pump when you buy petrol and diesel, you’ll definitely be disappointed after reading this news. PNB Suspends Incentives: This news is useful if your account is held at the Punjab National Bank (PNB). If you pay digitally with a pump when you buy petrol and diesel, you’ll definitely be disappointed after reading this news. Yes, the 0.75% digital payment discount offered by oil marketers when buying oil with a pump has been withdrawn.
Banks have stopped benefiting customers
The impact is likely to affect people who often pay with cards to get oil. The public sector Punjab National Bank (PNB) has stopped offering this benefit to its customers. This will affect all of PNB’s 18 billion customers. Beginning in May, PNB has stopped offering this discount to its customers. This rule went into force in May of this year.
Banks say the oil marketing company (OMC) has withdrawn the opportunity. According to information on the PNB website, Bharat Petroleum Corporation (BPCL) has announced that oil companies (IOC, BPCL, HPCL) have offered a 0.75% discount on payments for fuel purchases on digital mode gas pumps. It was withdrawn. PNB has notified customers that they have stopped using this discount since May. NEFT and RTGS charges have also been raised