Punjab National Bank (PNB) is poised to shut down accounts dormant for three years with zero balance by June 1, 2024. Exceptions include linked accounts and specific schemes. To prevent closure, complete KYC procedures before May 31, 2024. Necessary documents include ID and address proofs. This measure aims to mitigate security risks and potential misuse of dormant accounts, which are vulnerable to fraud and identity theft. The Reserve Bank of India (RBI) implements safeguards, including periodic reviews and grievance redressal mechanisms, to protect account holders’ funds.