Punjab National Bank · statement narration
PREPAID SURRENDER CHG
Also printed as: CARD SURRENDER CHG · PREPAID CLOSURE CHG
Decoded
A charge for surrendering a prepaid card and closing it.
Hinglish meinPrepaid card wapas karke band karne par lagne wala charge.
- You pay, incl. GST
You pay, incl. GST, Retail Banking Service Charges
From Punjab National Bank — Non-Credit Related Service Charges
Verified
- Retail Banking Service Charges
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.
What it costs, including GST1 rule · rate table, conditions and waiver
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 and how to avoid it
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.
Dispute this chargeRBI dispute template, ready to copy
Official source1 document
- Punjab National Bank — Non-Credit Related Service Charges
Retrieved 2026-09-06
Decode another narration
Paste any other line from the same statement into the decoder.
Open the charge decoder