Punjab National Bank · statement narration
CLOSURE REMIT CHG
Also printed as: REMITTANCE ON CLOSURE · CLOSURE TRANSFER CHG
Decoded
A charge for transferring your balance elsewhere when the account is closed.
Hinglish meinAccount band karte waqt paisa kahin aur bhejne par lagne wala charge.
- You pay
- Savings Fund Account
CLOSURE REMIT CHG on your Punjab National Bank statement — A charge for transferring your balance elsewhere when the account is closed. The bank's document states no single all-in figure; what it does publish is below.
What it costs, including GST1 rule · rate table, conditions and waiver
Savings Fund Account · Branch
Remittance charges plus out-of-pocket expenses
The bank's figure is before tax, so 18% GST is added on top.
Applies when: Punjab National Bank transfer of the entire balance in a savings account to another bank at closure. The page prices this as a pass-through of the applicable remittance charges plus out-of-pocket expenses and states no figure, so it is published in the page's own words and no amount is stored. This is a remittance charge on the outgoing transfer, not an account-closure charge; the Non-Credit Related Service Charges page does not carry PNB's account-closure schedule. Charges are exclusive of GST wherever applicable.
Why it happened and how to avoid it
Why it happened
Your closing balance was remitted to another bank.
How to avoid it
Withdraw the balance or transfer it yourself digitally before requesting closure.
Dispute this chargeRBI dispute template, ready to copy
Official source1 document
- Punjab National Bank — Non-Credit Related Service Charges
Retrieved 2026-09-06
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