When to Use the PNB Withdrawal Form
If you have a Savings Account, Current Account, or Term Deposit in PNB, you will need a withdrawal slip to get cash directly from a branch without using a cheque or ATM card. The slip serves as an official written application request to the bank to release funds in cash.
Your branch cash counter will identify your identity via signature and passbook, and transaction details before cash is handed over. It is the best and quickest option for making small withdrawals without issuing a self cheque.
However, there are set limits on how much cash you can withdraw using the form only. Here are the explained sections.
For High-Value Cash Withdrawals at PNB
PNB has very specific guidelines set by the bank and RBI policies for your money safety from large cash withdrawals. The primary requirement for a withdrawal slip or self cheque depends on the amount and transaction type you use via the branch or other modes of payment.
| Amount Range | Withdrawal Method | Requirement / Condition |
|---|---|---|
| For Rs. 25,000 or less | Withdrawal Form Required | Passbook and double-signature proof are acceptable. |
| If Amount Rs. 25,000 – or less than ₹50,000 | Withdrawal slip and Self Cheque | Your PAN Card number is required |
| Above Rs. 50,000 | Self Cheque Mandatory | A withdrawal form is also required as additional paper for double confirmation. |
| Above Rs. 2 Lakh | Self Cheque and RTFS/NEFT form you will need | Must present a PAN card. |
| 5 Lakh and higher | Self Cheque at Base Branch Only | As per PNB security reasons, withdrawal from non-base PNB branches is restricted to ₹5 lakh. |
Where to Find a PNB Withdrawal Slip
There is no direct downloadable withdrawal form on the PNB official site. The only option you have for an official slip. You obtain it from your home branch at the cash counter desk. Here, a booklet of slips; simply pull one slip and start writing. This is bilingual depending on your location of city.
Below, you can download a sample template of a cash withdrawal slip, but it is not accepted at any PNB branch.
| Source | Language | Note |
|---|---|---|
| Sample PNB Withdrawal PDF Download | English | Practice only |
How to Fill PNB Withdrawal Form — Step-by-Step (With Example)
Let’s understand how you can fill out a PNB slip properly at the branch.
| Field on Form | What to Write | Example Entry |
|---|---|---|
| Branch Name | The PNB branch where you’re withdrawing money | PNB Connaught Place Branch, New Delhi |
| Date | Current date of transaction | 07/10/2026 |
| Account Number | Your 14 to 16-digit PNB account number | 0456002101234567 |
| Account Holder’s Name | Name as per bank records | Ramesh Kumar |
| In the Pay to self section | Enter the exact withdrawal amount in words | ₹15,000/- |
| In the Rupees symbol box | Same amount written in digits | Fifteen Thousand Only |
| Signature of Account Holder | Sign exactly as in bank records OR you can put your thumb impression | (Signature of Ramesh Kumar) |
| For Office Use Section | Simply ignore the bottom section | this section for bank staff only |
| For Third-Party Withdrawal | Bearer’s name and ID details | Suresh Mehta – Aadhaar: XXXX XXXX 4321 |
Documents Required at the Counter
| Purpose | Documents Needed |
|---|---|
| Self Withdrawal | Passbook only + Double sign or thumb impression back side of the form |
| Third-Party Withdrawal | Withdrawal slip + ID proof of bearer |
| High-Value Withdrawal (Above ₹2 lakh) | Self cheque + PAN + Aadhaar (If asked) + RTGS/NEFT Form |
| Fixed Deposit Withdrawal | FD receipt + form + ID proof |
How the Withdrawal Form Works at Punjab Bank Branch
The process is quite simple; here are several security steps
- Form Verification – The cashier checks that all mandatory fields (account number, amount, and your signature on both sides) are correctly filled.
- Signature Authentication – Your signature is matched with the sample signature in PNB records or your PAN records.
- Passbook Entry – The transaction is recorded in your passbook for proof.
- Cash Disbursement – Once verified, the cashier issues the requested amount in the denominations (cash or coins) available for issue.
- Acknowledgement – The teller stamps the slip, and the transaction is logged into the branch system for audit purposes. It may take 5 to 10 minutes, depending on the branch.
When to Use Alternatives Instead of a Paper Slip
| Method | Best For | Limit / Note |
|---|---|---|
| ATM / Debit Card | Quick cash withdrawal | Up to ₹25,000 or 1 Lakh per day (as per card type) |
| Self Cheque | Large withdrawals above ₹50,000 | Safer and mostly used in PNB Branches |
| RTGS / NEFT | if funds above than ₹2 lakh | Ideal for non-cash high-value transactions |
| UPI or NetBanking | Digital transfers | No physical form required, free of charges, and instant. |
If your purpose is only to transfer money, PNB strongly promotes to customers to use RTGS or NEFT instead of withdrawing large cash sums.
FAQs
How to download the PNB PPF withdrawal form online?
You can simply get the PPF withdrawal PDF from the PNB official website, go to the PNB official site, search for PPF withdrawal and go to the PPF All forms, go to page number 4 for the application for withdrawal only.
Can I withdraw cash from Punjab National Bank without a cheque?
Yes. At any Punjab National Bank branch, you can withdraw cash using a withdrawal slip for smaller amounts, provided your signature matches the records and you carry your passbook for verification.
What is the maximum amount allowed using only a PNB withdrawal slip?
Generally, up to ₹25,000 is smoothly allowed using only the slip. Beyond this, branches may insist on a self-cheque or PAN, depending on internal risk and RBI norms.
Can someone else withdraw money from my PNB account using my slip?
Yes, third-party withdrawal is allowed for small amounts. You must write the bearer’s name clearly and they must carry original ID proof, usually Aadhaar, for counter-level verification.
Is PAN card mandatory for cash withdrawal at PNB branch?
PAN becomes mandatory when cash withdrawal crosses ₹50,000 in a day. For amounts above ₹2 lakh, PAN is strictly checked and sometimes scanned for compliance and audit tracking.
When should I avoid cash withdrawal and use digital modes instead?
If your transaction exceeds ₹2 lakh or is a transfer, RTGS or NEFT is safer. It avoids scrutiny, saves time, leaves a digital trail, and reduces unnecessary cash-handling risks.
Can I use a downloaded or printed PNB withdrawal slip?
No. Printed or online templates are rejected. Only the physical withdrawal slips available at the branch counter are accepted, as they follow branch-specific serial and control formats.
How long does cash withdrawal using a slip take at the branch?
On average, 5–10 minutes during normal hours. Time increases during salary days or month-end, especially if manual signature verification or large-value cash counting is involved.
Join 60,000 readers who get exclusive credit and banking deals, RBI updates, and investment insights from Easemoney.
