Punjab National Bank · statement narration
PREPAID SURRENDER CHG
A charge for surrendering a prepaid card and closing it.
In plain English
A charge for surrendering a prepaid card and closing it.
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.