PNB empowers parents with NPS Vatsalya Account opening via PNB ONE

THEBUSINESSBYTES BUREAU

NEW DELHI, NOVEMBER 13, 2025

Celebrating Children’s Day with a focus on financial security for the next generation, Punjab National Bank (PNB), one of India’s leading public sector banks, has announced the introduction of NPS Vatsalya services on its mobile banking app, PNB ONE. This innovative digital facility allows customers to seamlessly open and contribute to both NPS Vatsalya (for minors) and NPS accounts through a single, convenient platform.

With this initiative, PNB strengthens its commitment to promoting pension awareness and digital banking convenience, empowering families to invest confidently in their children’s secure financial future.

Highlighting the initiative, Sudhir Dalal, GM BA & RM, PNB, said, “This Children’s Day, we take a step forward in protecting every child’s right to a secure future. With NPS Vatsalya now on PNB ONE, parents can plan their children’s financial journey digitally, fulfilling our vision of financial independence and inclusion for every generation.”

Customers can easily register for NPS Vatsalya accounts through PNB ONE by completing e-KYC and making an initial contribution, after which a Permanent Retirement Account Number (PRAN) is generated.

PNB’s latest offering reflects its ongoing efforts to make financial planning simpler, smarter, and more inclusive, ensuring that every child’s tomorrow is built on a foundation of financial confidence. For more information, customers can visit pnb.bank.in or contact the bank’s toll-free numbers 1800-1800 and 1800-2021.