Now use Aadhaar-OTP authentication to register for PNB ONE app | Popgen Tech

Punjab National Bank (PNB) will now allow customers to register on its PNB ONE application using their Aadhaar credentials and OTP-based authentication.

In Aadhaar-OTP authentication, a one-time PIN is sent to the registered mobile number of the Aadhaar card holder. Remember that the OTP is valid for a limited period, according to the website of the Unique Identification Authority of India (UIDAI). For Aadhaar-OTP authentication, the Aadhaar card holder needs to provide his or her Aadhaar card number and the OTP sent to his or her mobile number. Your mobile number must be linked to your Aadhaar card to do Aadhaar-OTP authentication.

PNB is the first bank to introduce onboarding on its flagship application through Aadhaar-OTP authentication, the bank said in a press release.

How will it help PNB customers?

PNB customers can now log into the PNB ONE application using their Aadhaar card details and avail various features of the app, the bank said. Some of the key features include Scan & Pay, account statements, fund transfers, and balance inquiries for cardless cash withdrawals, pre-approved personal loans, pre-qualified credit cards, IPO services, and others, added the bank.

Sharing his thoughts on how this will benefit customers, Atul Kumar Goel, MD & CEO, Punjab National Bank said, “The new self-registration mechanism will reduce the dependence on debit card for registration and provides a seamless system. and a more user-friendly onboarding experience on PNB One.”

Additionally, customers who do not have our debit card will also be able to register on the PNB ONE app with Aadhaar details and OTP based authentication, he added.

PNB ONE provides a wide range of fast, convenient and hassle-free services to its customers, stated the press release.

The bank already offers various onboarding routes for PNB ONE – Punjab National Bank’s revamped mobile application and now it has added an even more convenient way for its customers. Therefore, the latest development of Aadhar card based registration will be instrumental for PNB to offer its varied services across the length and breadth of the country, as mentioned by the bank in the statement to -press.