Punjab National Bank · statement narration
PREPAID SURRENDER CHG
PREPAID SURRENDER CHG on your Punjab National Bank statement — A charge for surrendering a prepaid card and closing it. The charge is ₹295, including 18% GST.
Also printed as
CARD SURRENDER CHG, PREPAID CLOSURE CHG.
Hinglish mein
Prepaid card wapas karke band karne par lagne wala charge.
What it costs, including GST
Retail Banking Service Charges · Other
₹295
₹250.00 before tax
The bank's figure is before tax, so 18% GST is added on top.
Applies when: Punjab National Bank prepaid cards; surrender of the card and transfer of the unutilised balance. Charges are exclusive of GST wherever applicable.
Why it happened
You surrendered a prepaid card.
How to avoid it
Spend down the balance before surrendering, since the charge is deducted from what remains.